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U.S. Bank CDO Reporting Analyst in CHICAGO, Illinois

U.S. Bank (NYSE:USB) Global Corporate Trust and Custody is a premier provider of corporate trust services and the leading collateralized loan obligation (CLO) trustee in the United State and Europe with a 50% market share. We are seeking a motivated, energetic person to join our expanding Analytics team to support our CDO/CLO trustee business. Collateralized debt obligations (CDO) and CLOs are forms of securitization where debt and equity investments are issued to investors with the proceeds of the issuance being used to purchase a pool of collateral assets. Typical types of collateral include syndicated bank loans, middle market bank loans, commercial mortgage backed securities (CMBS) and residential mortgage backed securities (RMBS). U.S. Bank offers competitive compensation and benefits including bonus incentives and 401(k) company match for eligible employees. We also offer many personal development opportunities through U.S. Bank’s MentorConnect, Development Network programs and diverse Employee Resource groups as well as paid time off for volunteer opportunities that support our communities.

U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank one of the 2020 World’s Most Ethical Companies.

Key Responsibilities:

  • Performdata analysis on large asset portfolios including data reconciliation andcalculation of portfolio compliance tests such as overcollateralization ratios,weighted average spread, weighted average life and other portfolio quality andconcentration ratios

  • Ensurecompliance of CDO transactions by accurately comprehending and interpretingcomplex legal documents

  • Modelportfolio compliance tests and reporting requirements as defined by CDOgoverning documents onto a variety of in-house systems

  • Compilemonthly and quarterly investor reports, analyze hypothetical trade results andwork closely with portfolio managers on comparing key portfolio information andstatistics

  • Calculateand coordinate payment date auditing process with accountants, prepare priorityof payment calculations (waterfalls) and distribution amounts to CDOnoteholders

  • Interactwith CDO portfolio managers, investors, rating agencies, investment banks,auditors and other industry participants



  • Bachelor'sdegree in business, accounting, finance, economics or equivalent experience

  • Oneor more years of reporting experience in finance or related industries


  • Demonstratestrong analytical skills and attention to detail

  • Mustbe able to take initiative and ownership of responsibilities and act with senseof urgency to deliver relentless and remarkable client service

  • Excellentinterpersonal, verbal and written communication skills

  • Advancedknowledge of Microsoft Excel and other Office products

  • Abilityto learn and understand complex concepts, respond quickly to critical businessneeds, prioritize and manage multiple tasks while meeting demanding deadlinesand thrive in a fast paced environment with minimal supervision

  • Experienceworking with or knowledge of fixed income securities, asset-backed securities,CDO/CLOs and syndicated bank loans is preferred

Job: Accounting / Finance

Primary Location: IL-IL-Chicago

Shift: 1st - Daytime

Average Hours Per Week: 40

Requisition ID: 200013717

U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce.

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.