Fee Analyst

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.

Try new things, learn new skills and discover what you excel at—all from Day One.

Responsible for analyzing and interpreting fee schedules and agreements of Wealth Management & Investment Services (WM&IS) accounts of various sizes established by clients for various purposes. Responsible for the proper fee coding to ensure accurate administration of accounts for fee billing and revenue posting purposes, and for delivering high level of customer service. This position requires high level of expertise consistent with the complexity of the governing document, regulatory guidelines and policies and procedures.

• Review new account setup and fee maintenance requests submitted by business lines.
• Validate documentation, approvals, and fee schedules for completeness and accuracy.
• Ensure fee schedules are accurately translated into system setup and billing instructions.
• Monitor invoicing/billing activities and ensure fee revenue is captured correctly.
• Investigate billing discrepancies and determine corrective action.
• Review reports and exceptions.
• Research and resolve billing exceptions.
• Work with managers and peers to complete required requests, controls and approvals.
• Partner with Relationship Managers, Product partners, Trust teams, Operations, and other stakeholders regarding fee questions and maintenance requests.
• Explain fee impacts and operational requirements to business partners.

• Bachelor's degree in accounting, finance or related field, or equivalent work experience
• One or more years of financial industry related experience

• Some background and knowledge of trust and securities operational functions, systems, procedures, various products and/or services supported by the assigned area(s) and applicable regulations
• Strong analytical, problem-solving, decision-making, and organizational skills
• Strong customer relations skills, as well as verbal and written communication skills

Must work in office 60% of the workdays per week. If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

• Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
  Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
• Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors…