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U.S. Bank Fund Custody Account Manager in Milwaukee, Wisconsin

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 Description

Manages the administration of Fund Custody Accounts of various sizes with a high level of expertise consistent with governing document requirements, regulatory guidelines and policies and procedures. Services as one of the client’s primary contacts, delivering a high level of customer service including:

  • Setup and approve cash & security transactions submitted by clients.

  • Manages daily account administration with focus on daily and future cash positions.

  • Creates and delivers reporting documents to external customers within established timeframes.

  • Prepares and develops reports for management.

  • Responds to inquiries and coordinates resolution regarding securities issues from internal and external customers, management, internal and external auditors, and regulatory authorities.

  • Adheres to strict business line Service Level Agreements.

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • One to three years of experience in securities operations, accounting, trade processing and customer service activities

Preferred Skills/Experience

  • Some knowledge of trust and securities operational functions, systems, procedures, various products and/or services supported by the assigned area(s)

  • Basic knowledge of regulatory and accounting principles

  • Strong analytical, problem-solving, decision-making, and organizational skills

  • Ability to perform multiple tasks concurrently and meet established deadlines in a dynamic team work environment

  • Strong customer relations, interpersonal, and verbal and written communication skills

  • Ability to work in a team environment

  • Proficient computer skills, including Microsoft Office applications


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 (https://www.usbank.com/careers/index.html) .

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 (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) poster.


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 (https://www.usbank.com/careers/verification-of-eligibility-for-employment.html) .

Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank’s best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.