Structured Finance Account Administrator

U.S. Bank • Boston, MA • 6h ago

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

Responsible for cash and collateral activities for structured finance transactions. Monitors investment balances and trigger events, approves lien releases, values assets and collateral, and ensures proper funding of accounts in compliance with governing trust documents. Uses financing documents, along with internal control mechanisms, to interpret the amount and timing of cash and asset movements. Interacts with specialized units to provide meaningful quality measurements to Account Manager to ensure that cash and asset management procedures are followed. Ensures risk management procedures are maintained and document legal requirements are satisfied.

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. ? ?

Basic Qualifications

Bachelor's degree in finance, or equivalent work experience

Five to eight years of related work experience

Preferred Skills/Experience

Advanced knowledge of structured finance transactions, investments, accounting principles, and loan servicing operations

Ability to interpret transaction documents

Proficient computer skills, especially Microsoft Office applications

Well-developed ability to create spreadsheets for simple cash flow calculations

Strong analytical and problem-solving skills

Excellent customer service skills

Experience with SEI and Access Control Server (ACS) preferred

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 (https://careers.usbank.com/global/en/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 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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 the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $86,530.00 - $101,800.00

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.

Posting may be closed earlier due to high volume of applicants.

Go to Apply

CFOEV - Finance Transformation Strategy Senior Manager

Accenture • Boston, MA • 7h ago

Finance & Accounting

7h ago

Go to Apply

Revenue Operations Manager, Pre-Owned Acquisition

General Motors • Boston, MA • 1d ago

Finance & Accounting

Job Description Hybrid OR Remote : This role is based remotely but if you live within a 50-mile radius of [Atlanta, Detroit, or Warren], you are expected to report to that location three times a week, at minimum GM DOES...

1d ago

Go to Apply

Revenue Operations Manager, New Vehicle Acquisition & Partners

General Motors • Boston, MA • 1d ago

Finance & Accounting

1d ago

Go to Apply

Finance Transformation Consulting - Finance Operations, Senior Manager

PwC • Boston, MA • 1d ago

Finance & Accounting

Specialty/Competency: Finance Industry/Sector: Not Applicable Time Type: Full time Travel Requirements: Up to 80% A career in our Financial Operations practice, within Finance Consulting services, will provide the opport...

1d ago

Go to Apply

Finance Operations, Manager

PwC • Boston, MA • 2d ago

Finance & Accounting

Specialty/Competency: Finance Industry/Sector: Not Applicable Time Type: Full time Travel Requirements: Up to 60% At PwC, our people in finance consulting specialise in providing consulting services related to financial...

2d ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.