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.

Job Description

We are seeking a detail-oriented and proactive Structured Finance Analyst to join our Global Structured Finance team. In this role, you will be responsible for the cash and asset management of trust accounts. This role involves monitoring overdrafts and uninvested cash, funding accounts in compliance with governing trust documents, and disbursing funds to certificate holders and other parties. The ideal candidate will thrive in a fast-paced environment, demonstrate strong time management and critical thinking skills, and be comfortable working under pressure to meet strict deadlines.

Key Responsibilities:

Manage cash and assets for trust accounts, ensuring timely funding and disbursements in accordance with legal and trust documentation.

Monitor and resolve overdrafts and uninvested cash balances.

Review bond financing documents and apply internal controls to determine the amount and timing of cash and asset movements.

Prepare and process trust accounting system entries for authorized disbursements and other transactions.

Ensure payment files load successfully into the payment system and that payment factors are calculated accurately.

Identify and correct errors in payment files and reload as necessary.

Collaborate with internal teams to ensure compliance and requirements are met.

Support reconciliation, payment processing, and account balancing efforts.

Demonstrate a proactive approach by anticipating payment needs and addressing issues before deadlines.

Mitigate risk by asking the right questions and applying sound judgment in high-risk scenarios.

Be open to coaching and continuous improvement.

Speak up when support is needed and actively contribute to team success.

Basic Qualifications:

Associate's degree or technical education, or equivalent work experience

Two to three years of related experience

Preferred Skills/Experience:

Thorough understanding of simple to complex accounting transactions

Proven commitment to quality customer service

Ability to interpret transaction and/or distribution documents

Ability to calculate percentages and ratios without instructions or formulas provided

Well-developed analytical and problem-solving skills

Proficient computer navigation skills using a variety of software packages including Microsoft Excel

Systems experience with Trust Accounting and Bond Accounting systems preferred

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.

Benefits: 

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 (some may vary based on role, location or hours):

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

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 protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $24.18 - $32.21

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.