CDO Loan Asset Administrator 2 Locations

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 Job Description We are seeking a self-motivated CLO Loan Asset Administrator to join our team. The Collateralized Loan Obligation (CLO) Group is a specialized division within Global Corporate Trust and Custody. CLOs are structured finance vehicles that issue both debt and equity liabilities, using the proceeds to purchase a portfolio of collateral. This role is responsible for managing daily CLO system operations ensuring accuracy and timeliness across all processes. Key Responsibilities: • Research and resolve discrepancies between portfolios holding the same bond. • Ensure timely and accurate entry of client responses on corporate actions. • Clear past due items and unapplied balances. • Communicate daily with Trustees and Agent Banks to confirm receipt of payments and reports. • Process transactions in CDO Suite and manage notices related to facilities and liabilities. • Navigate blackout periods at month-end, quarter-end, and year-end, including remote work expectations during these times. • Demonstrate initiative and ownership in a fast-paced environment with minimal supervision. • Apply problem-solving skills to resolve system and data issues, including troubleshooting website glitches and formatting inconsistencies. Basic Qualifications • Typically an Associates or Bachelors degree, or equivalent work experience • Typically less than two years of relevant work experience Preferred Skills/Experience • Strong organizational skills and detail-oriented • Team-oriented environment with a focus on collaboration and self-motivation. • Fast-paced and multitasking-heavy role requiring use of Excel and other basic computer skills. • Basic knowledge of assigned functional area, including applicable systems, policies, procedures, and regulatory requirements • Effective interpersonal and customer relation skills • Ability to manage multiple tasks/projects and deadlines simultaneously • Ability to identify and resolve exceptions and interpret data • Proficient computer navigation skills using a variety of software packages including arenaflex Office applications such as Excel, Outlook, and Teams Location expectations: This role requires working from a U.S Bank location three (3) or more days per week. Candidates must reside in or near Downtown Chicago, IL or Saint Paul, MN 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. Thats 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. 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: $25.77 - $34.33 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. Apply tot his job Apply tot his job Apply tot his job