Corporate Trust Financial Management Analyst 3
U.S. BankAbout the role
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
U.S. Bank is hiring a Corporate Trust Financial Management Analyst to support our Global Corporate Trust Escrow business line and is responsible for cash and asset management of trust accounts including monitoring and investment of balances, valuations of assets and collateral, and proper funding of accounts in compliance with governing trust documents.
Some additional responsibilities include but not limited to:
Uses contractual documents, along with internal control mechanisms, to interpret the amount and timing of cash and asset movements
Prepares trust accounting system (SWP) entries, reconciles accounts, maintains account from inception until termination, and other account transaction duties
Interacts with specialized units to provide meaningful quality measurements to relationship specialists to ensure that cash and asset management procedures are followed and document legal requirements are met
Daily direct customer interaction via phone and email
Works in a fast paced individualized environment
Reads and interprets governing documents as well as analyzes what functionality we are required to adhere to
Having the flexibility on work hours when work calls for it with short notice
Schedule: 8:00am - 5:00pm CST
Hybrid: 3 days (flexible) in office; 2 days remote
Location: West Side Flats Saint Paul, MN
Qualifications
Associate's degree or technical education, or equivalent work experience
Two to three years of related experience
Skills/Experience
Working knowledge of investments, accounting transactions, and client service
Ability to review and interpret contractual documents to decipher all aspects of cash and asset transactions relating to the account
Ability to perform mathematical calculations which can include percentages and pro rata breakdowns
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 systems preferred
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.
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:
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 availab
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