Collateralized Loan Obligation Loan/Asset Administrator

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 Inspire, excel and grow with us

We are HIRING for a Collateralized Loan Obligation Loan / Asset Administrator to support our Corporate Trust department within Wealth Operations.

Schedule : Monday - Friday 8 : 30am-5pm local time; does require overtime

Location : Saint Paul, MN or Chicago, IL Hybrid 3 days in office, 2 days remote

Some responsibilities include :

• Sets up new portfolios, assets and cash mapping input to CDO Suite.
• Processes Agent Bank notices into CDO Suite.
• Researches CDO Suite discrepancies between portfolios with the same bond using Bloomberg, DTC, and Trustee report data.
• Manages daily CDO Suite and Issue Tracker reports globally to ensure accurate information.
• Ensures client responses on corporate actions are entered into Etran in a timely and accurate manner.
• Clears past dues and unapplied balances.
• Contacts Trustees and Agent Banks daily to ensure all missing payments or reports are received.

Qualifications

• Associate's degree in business administration, or equivalent work experience
• Less than two years of relevant work experience

Read on to fully understand what this job requires in terms of skills and experience If you are a good match, make an application.

Skills / Experience

• Basic knowledge of SEI and CDO Suite, and applicable policies, procedures and regulatory requirements
• Ability to perform multiple tasks concurrently and meet established deadlines in a dynamic work environment
• Strong analytical, problem-solving, decision-making, and organizational skills
• Strong customer relation skills, interpersonal, and verbal and written communication skills
• Must be able to work in a team environment
• Proficient computer skills, including Microsoft Office applications

Location Expectations

The role offers a hybrid / flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

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

EEO is the Law

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

Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

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 theE-Verify program.

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.

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