Job Description
At U.S. Bank, we are committed to helping our customers and the communities we serve make informed financial decisions. Join us on our journey to excellence, where each individual’s unique potential is valued, providing endless opportunities for personal and professional growth from your first day.
Job Overview
This position accommodates candidates from entry-level to those with 4+ years of experience. Successful candidates will be placed in the appropriate role based on their qualifications. Please note that the mentioned salary range aligns with the entry-level position.
We offer flexibility on start dates, available now through June.
As one of the largest providers of corporate trust services globally, U.S. Bank's Global Corporate Trust Services operates through 48 domestic offices and three international locations, delivering a variety of services to a diverse client base. The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups specialize in structured finance vehicles that issue debt and equity backed by various securities.
The CLO Reporting Analyst will play a vital role by managing trust reporting, collateral data reconciliation, compliance testing, and investor reporting. This position demands strong analytical skills, attention to detail, and the ability to manage multiple complex transactions in a fast-paced environment, providing exposure to both CLO and CDO products.
Key Responsibilities
• Interpret and apply trust indentures and legal documents for reporting and compliance.
• Translate indenture language into technical report specifications and cash flow logic.
• Set up and maintain payment calculations and reporting within proprietary systems.
• Receive, map, reconcile, and validate periodic collateral and asset activity data.
• Conduct portfolio compliance and trade testing on structured fixed-income deals as needed.
• Compile and deliver investor, payment, and tax reports monthly, quarterly, and annually.
• Handle tax elections, apply for EINs, and manage residual holder transfers when applicable.
• Collaborate with internal operations teams for accurate cash flow distribution.
• Perform quality control reviews to ensure report accuracy and timeliness.
• Engage with clients, asset managers, and auditors, ensuring clear communication.
• Liaise with third-party administrators and internal administration teams managing cash accounts.
• Provide prompt and accurate data and reporting to clients and external auditors.
Daily Activities
• Generate daily, monthly, and quarterly reports.
• Reconcile data from various sources and resolve discrepancies.
• Distribute reporting outputs and data packages to clients.
• Manage approximately 10 active deals at a time.
• Communicate with teams, clients, and auditors through various channels.
Qualifications
• Bachelor's degree in business, finance, economics, accounting, or a related field, or equivalent experience.
• Less than two years of relevant work experience.
Preferred Qualifications
• Basic understanding of syndicated bank loans, fixed income securities, and securitization.
• Strong analytical skills for data interpretation and discrepancy identification.
• Excellent interpersonal, verbal, and written communication skills.
• Able to manage multiple priorities in a dynamic environment.
• Strong organizational and time-management abilities.
• Proficient in Microsoft Office applications, particularly Excel with intermediate skills (pivot tables, XLOOKUP).
• Familiarity with CDO or structured finance systems is advantageous but not essential.
Location Details
This role offers a hybrid work schedule requiring 3 or more days in the office at our Houston, TX location, with flexibility to work remotely for the remaining days.
Visa sponsorship is not available for this position, and it does not support STEM OPT.
We are dedicated to ensuring a diverse and inclusive environment and are proud to offer equal opportunity employment without consideration of race, religion, color, national origin, age, gender identity, disability, veteran status, or any other protected factor.
Benefits:
We offer a comprehensive benefits package aimed at supporting our employees' well-being both inside and outside of work, including:
• Healthcare coverage (medical, dental, vision).
• Life insurance options.
• Short-term and long-term disability coverage.
• Parental and pregnancy leave.
• 401(k) and employer-funded retirement plans.
• Paid vacation (two to five weeks based on tenure).
• 11 paid holidays each year.
• Adoption assistance.
• Sick and Safe Leave accumulation (up to 80 hours annually).
Review our full array of benefits available to employees.
U.S. Bank conducts background checks and is compliant with all local laws concerning employment eligibility and hiring practices. We reserve the right to close this posting based on applicant volume.
Job Overview
This position accommodates candidates from entry-level to those with 4+ years of experience. Successful candidates will be placed in the appropriate role based on their qualifications. Please note that the mentioned salary range aligns with the entry-level position.
We offer flexibility on start dates, available now through June.
As one of the largest providers of corporate trust services globally, U.S. Bank's Global Corporate Trust Services operates through 48 domestic offices and three international locations, delivering a variety of services to a diverse client base. The Collateralized Debt Obligation (CDO) and Global Structured Finance (GSF) groups specialize in structured finance vehicles that issue debt and equity backed by various securities.
The CLO Reporting Analyst will play a vital role by managing trust reporting, collateral data reconciliation, compliance testing, and investor reporting. This position demands strong analytical skills, attention to detail, and the ability to manage multiple complex transactions in a fast-paced environment, providing exposure to both CLO and CDO products.
Key Responsibilities
• Interpret and apply trust indentures and legal documents for reporting and compliance.
• Translate indenture language into technical report specifications and cash flow logic.
• Set up and maintain payment calculations and reporting within proprietary systems.
• Receive, map, reconcile, and validate periodic collateral and asset activity data.
• Conduct portfolio compliance and trade testing on structured fixed-income deals as needed.
• Compile and deliver investor, payment, and tax reports monthly, quarterly, and annually.
• Handle tax elections, apply for EINs, and manage residual holder transfers when applicable.
• Collaborate with internal operations teams for accurate cash flow distribution.
• Perform quality control reviews to ensure report accuracy and timeliness.
• Engage with clients, asset managers, and auditors, ensuring clear communication.
• Liaise with third-party administrators and internal administration teams managing cash accounts.
• Provide prompt and accurate data and reporting to clients and external auditors.
Daily Activities
• Generate daily, monthly, and quarterly reports.
• Reconcile data from various sources and resolve discrepancies.
• Distribute reporting outputs and data packages to clients.
• Manage approximately 10 active deals at a time.
• Communicate with teams, clients, and auditors through various channels.
Qualifications
• Bachelor's degree in business, finance, economics, accounting, or a related field, or equivalent experience.
• Less than two years of relevant work experience.
Preferred Qualifications
• Basic understanding of syndicated bank loans, fixed income securities, and securitization.
• Strong analytical skills for data interpretation and discrepancy identification.
• Excellent interpersonal, verbal, and written communication skills.
• Able to manage multiple priorities in a dynamic environment.
• Strong organizational and time-management abilities.
• Proficient in Microsoft Office applications, particularly Excel with intermediate skills (pivot tables, XLOOKUP).
• Familiarity with CDO or structured finance systems is advantageous but not essential.
Location Details
This role offers a hybrid work schedule requiring 3 or more days in the office at our Houston, TX location, with flexibility to work remotely for the remaining days.
Visa sponsorship is not available for this position, and it does not support STEM OPT.
We are dedicated to ensuring a diverse and inclusive environment and are proud to offer equal opportunity employment without consideration of race, religion, color, national origin, age, gender identity, disability, veteran status, or any other protected factor.
Benefits:
We offer a comprehensive benefits package aimed at supporting our employees' well-being both inside and outside of work, including:
• Healthcare coverage (medical, dental, vision).
• Life insurance options.
• Short-term and long-term disability coverage.
• Parental and pregnancy leave.
• 401(k) and employer-funded retirement plans.
• Paid vacation (two to five weeks based on tenure).
• 11 paid holidays each year.
• Adoption assistance.
• Sick and Safe Leave accumulation (up to 80 hours annually).
Review our full array of benefits available to employees.
U.S. Bank conducts background checks and is compliant with all local laws concerning employment eligibility and hiring practices. We reserve the right to close this posting based on applicant volume.
💡 Quick Summary
Seeking a career-building opportunity? The CLO Reporting Analyst - Various Experience Levels position is now open for candidates interested in the Bank Jobs sector. This role in Houston offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
