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, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. 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. Try new things, learn new skills and discover what you excel at—all from Day One.
As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.
Job Description
U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services in the world. Our clients look to us for trustee, agency, escrow, document custody and money market issuing services via our 48 domestic offices and three international offices.
We are currently recruiting for our European Corporate Trust business within the Data Management & Control Group. This team are responsible for a variety of tasks including but not exclusive to ensuring client compliance with deal documents, ensuring receivables are paid fully and in a timely manner, liaising with Finance department, ensuring clients financials and Compliance certs are provided in a timely manner and completing DMC’s Projects to the level required from senior management within given timeframes.
Further to this, the team have responsibility for deal set up across various platforms (ACS, STA, CTAO, SEI, ABS Trans, VIPR, PIVOT, Issue Tracker) from the deal incept, supporting testing across the various platforms, gathering of tax documentation and billing, to name a few of the further tasks.
Essential Functions:
- Deal Document Oversight – Ensuring that information required from clients relating to Deal documents are received and documented correctly in a timely fashion. Escalating any issues arising from this to Relationship Management in a time sensitive manner.
- Management of aged receivables process – interacting with Relationship Managers, Transaction Managers, Client, Finance and Admin groups to ensure aged receivables are paid fully in a timely manner.
- Deal Onboarding – Set up of deals across various systems, gathering of tax documentation, fee and new deal billing set up
- Queries & Escalations – Acting as escalation contact for business line queries and requests between the business line and client correspondents.
- Participate in Bank projects and UAT testing as required
- Assist with Business line reporting
- Escalating of issues in a timely manner to management
- Change Management – continuous looking for improvements, efficiencies and enhanced controls in DMC processes.
- Completion of IAR new deal and termination reviews, inclusive of clearing exceptions
- Ability to work on own initiative to 100% accuracy
- Understanding of regulations and risk attached to the role and when to escalate to avoid issues
Basic Qualifications
- Bachelor's degree in accounting or finance, or equivalent work experience
- Three to five years of experience in trust and securities operational functions
- Three to five years of management experience
Preferred Skills/Experience
- Good knowledge of trust and securities operational functions, systems, procedures, products and services
- Good knowledge and understanding of legal, regulatory and accounting principles which directly affect Wealth Management & Securities Services business lines and clients
- Well-developed 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
- Excellent verbal and written communication skills
- Understanding of the importance of timely and correct escalation
- Ability to create, implement and adhere to controls
- Working knowledge of Corporate Trust and its products
- Experience with receivables and Deal documentation
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:
We offer an exciting, fast-paced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security; and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.
Posting may be closed earlier due to high volume of applicants.
