Custody Operations Specialist

U.S. Bank

  • Milwaukee, WI
  • Permanent
  • Full-time
  • 12 days 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 DescriptionDepartment: Wealth, Corporate, Commercial and Institutional Banking (WCIB) Operations - Custody Operations - Mutual Fund ProcessingResponsible for the operational support and processing of Wealth Management & Investment Services (WMIS) client accounts and products of various types and sizes established by clients for various purposes. Accountable for setting up securities, general account and asset level maintenance with some level of supervision. Responsibilities have various levels of risk correlating to the type and size of account or product. Effectively and accurately coordinate, manage and complete multiple duties and assignments concurrently and within acceptable timelines. Understands and achieves established Service Level Agreements. Accountable for compliance with established department policies and procedures.Schedule: Monday - Friday 9:00am - 5:00pmQualifications/SkillsBachelor's degree, or equivalent work experience ORAssociate's degree and four or more years of relevant experienceBasic understanding of regulatory and accounting principles which directly affect Wealth Management & Investment Services business lines and clientsAbility to quickly learn custody operational functions, systems, procedures, various products and/or services, for assigned area(s)Ability to multitask and meet established deadlines in a dynamic work environmentDemonstrated analytical, problem-solving, decision-making, and organizational skillsEffective customer relations, interpersonal, and verbal and written communication skillsProficient computer navigation skills using a variety of software packages including Microsoft Office applicationsEssential FunctionsResponsible for placing and confirming open-ended mutual fund and money market trades on behalf of supported business lines and their respective clients.Communicates timely and effectively with trust administration, investment officers, trade services, and various other departments as required.Establishes and maintains strong working relationships with mutual fund representatives and service providers.Assist team with additional projects.Location ExpectationsThe 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.#WCIBO#USBOpsIf there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our .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 insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawEEO is the LawU.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO poster.E-VerifyU.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 .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: $24.90 - $33.17 - $36.49Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.

U.S. Bank