Bond Operations Processor - Corporate Trust

at  US Bank National Association

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

Department: Wealth, Corporate, Commercial and Institutional Banking (WCIB) Operations - Corporate Trust - Paying/Transfer Agent Operations - Money Market Instrument Processing Team
Performs bond processing activities for corporate trust customers. Uses established procedures to ensure the accurate and timely processing of bonds. Provides internal and external customer service. Reviews account transactions to assess appropriateness. Researches problems or issues that arise and performs corrective processing to resolve issues. Tracks and gathers information for statistical reporting. Suggests processing improvements. Ensures legal requirements for special transactions are satisfied.
Schedule: Monday - Friday 8:30am-5:00pm
This role has multiple levels, open to candidates with 1-3 years minimum experience in transaction processing. The successful candidate will be hired for the level of the position that aligns with their experience.

RESPONSIBILITIES

• Fast-paced work environment with many processes having same day turnaround for settlement.
• Reviewing, validating, and processing Death Put presentments for monthly payments
• Inputting of Issuances (Trades) into our system of record that feed to DTCC and settlement.
• Communication will be internally and externally with dealers, brokers, and issuers. Communication is done via email and phone.
• Creating and delivering monthly reports for brokers and issuers.
• Monthly payment reconciliation to ensure participants are paid accurately

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 la