U.S. Bank CDO Relationship Manager – Boston, MA in Boston, Massachusetts
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.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.
Job DescriptionIn conjunction with business development officers, responsible for developing and maintaining relationships with Corporate Trust clients with the primary focus of managing the value of these relationships to the organization. Reviews and accepts new client relationships based on business line account acceptance policies and procedures. Provides quality service based on client needs, wants, and expectations; aligns actions accordingly; remains sensitive and responsive to both internal and external clients; builds distinctive predictable levels of service; resolves problems quickly and effectively. Works closely with new business development staff, serving as a collaborative business partner when supporting new business conversations from existing or prospective clients. Identifies business risks and operational challenges and takes steps to mitigate risk and enhance operating systems and processes. Coordinates the development and implementation of operational changes within the unit. May be responsible for meeting certain revenue, new business and expense goals. CDO Relationship Manager Job Responsibilities: Responsible for the execution of all U.S. Bank roles, including trustee, collateral administration, custodian and various reporting functions for bank loan funds and securitizations.
Manage and develop high- tier Trustee and custodial relationships with transaction parties and influencers, including Asset Managers, Hedge Funds, Private Equity Firms, Investment Banks, Bondholders, Law Firms, Accounting Firms and Rating Agencies.
Build internal relationships with partner groups to ensure completion of accurate and on time deliverables.
Coordinate the collection of asset cash flows, calculation of portfolio testing and payment distributions for Collateralized Debt Obligation (CDO) and Collateralized Loan Obligation (CLO) transactions.
Monitor and maintain risk, compliance and audit requirements for accounts under administration.
Establish new accounts, including anti- money laundering and know your customer reviews in accordance with U.S. Bank and regulatory requirements.
Negotiate agreements utilizing industry and regulatory knowledge to properly protect Bank and investor interests.
Basic Qualifications - Bachelor's degree, or equivalent work experience - Five or more years of relevant experience
Preferred Skills/Experience - Thorough knowledge of corporate trust and investment instruments - Some knowledge of account management, trust operations, project management, and legal regulations - Ability to resolve complex problems with minimal guidance - Ability to communicate quickly with clients to resolve client issues and disputes - Proficient computer skills, especially Microsoft Excel. - Excellent interpersonal, verbal and written communication skills
Benefits: Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.
EEO is the Law Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law poster.
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U.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.