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 encourage growth – and reward the journey

U.S. Bank is hiring a Senior Custody Operations Manager to support our Mutual Funds Processing team within Wealth Operations. This individual will be overseeing a team of 8-15 Custody Operations Specialists and Custody Operations Analysts.

Some responsibilities include but not limited to:

• Directly and through staff, manages and coordinates the operational activities for assigned functional area(s)/regions(s).

• Ensures quality service and effective securities operations activities for all supported internal and external customers.

• Accomplishes results through the effective management of staff that may range from lower level non-exempt through exempt level professionals.

• Administers corporate policies and procedures and ensures compliance with applicable laws and regulations.

• Participates in the preparation of the department's budget and is accountable for managing expenses and actively contributing to the achievement of department net income goals.

• Proactively manages operational risks associated with span of responsibility, including the identification of control gaps and the design of operational controls to mitigate risks and financial exposure to the organization.

• Participates in the review and recommendation of operational systems and procedures affecting assigned units and coordinating system conversions from an operations perspective.

Schedule: Monday - Friday 8:00am - 5:00pm

Location: Hybrid 3+ days at RiverCenter Milwaukee location

Basic Qualifications

• Bachelor's degree in accounting or finance, or equivalent work experience

• Five to seven years of experience in trust and securities operational functions

• Five to seven years of management experience

Preferred Skills/Experience

• Advanced knowledge of trust and securities operational functions, systems, procedures, products and services

• Advanced knowledge and understanding of legal, regulatory and accounting principles which directly affect Wealth Management & Securities Services business lines and clients

• Strong analytical, problem-solving, organizational and project management skills

• Effective interpersonal, verbal and written communication skills

• Excellent supervisory and management skills, including a well-developed knowledge of human resources

• Ability to manage multiple, unrelated tasks

• Additional one to three years' experience managing Managers 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 (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