Job Information
U.S. Bank Process Operations Specialist in Milwaukee, Wisconsin
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 Description
Provide high value service to internal and external clients in an environment that promotes U.S. Bank’s culture and values. Ensure adherence to policies and procedures. Contributes to efficiency, productivity, and process improvements to drive exceptional service and risk mitigation. Provide proactive strategy and advice to management.
Roles and Responsibilities
Process Change AND SOLUTIONS
Identify opportunities and make recommendations for process changes to mitigate risk or increase efficiency. Works with senior level Fund Accounting Managers and other business lines that interact with Fund Accounting to ensure compliance with regulatory announcements, laws and regulations. Provide root cause analysis and analyze existing controls to identify best course of action to mitigate gaps. Identify, evaluate and escalate risks to Fund Accounting Management. Design automated solutions to replace manual processes using existing tools. Test, implement, and perform steps necessary to promote the solution.
Projects
Work on team projects or support other team members in their efforts to improve processes within Fund Accounting. Ensure projects have clear goals and enough detailed plans. Develops and evolves team goals and initiatives. Prepare and provide up to date project updates and analysis. Maintain oversight of Non-IT Projects and provide management reports as needed.
Controls
Assists with the assessment of the effectiveness of controls that help ensure ongoing compliance with corporate policies and business line procedures. Contribute to department projects, documentation and testing/training as needed.
Centralized Tasks
Work on tasks approved by management to centralize the review process to Fund Accounting Resource Team across all teams in order to ensure tasks are completed timely and accurately. Create and run reports essential to management and the department.
Basic Qualifications
Bachelor's degree in accounting or finance, or equivalent work experience
One to two years of experience in accounting or finance activities
Preferred Skills/Experience
Thorough knowledge of accounting, reporting, and analysis
Ability to identify and resolve exceptions and to analyze data
Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
Strong team player eager and enthusiastic to learn and adaptable to changing priorities
Proactively work independently and make recommendations to Fund Accounting to solve gaps in controls or inefficient processes.
Strong analytic skills with ability to efficiently identify, communicate and address potential issues.
Demonstrates effective work habits and organizational skills by prioritizing and planning, with the ability to handle multiple tasks simultaneously and adapt to changing work priorities.
Willingness to learn and ability to adopt to change driven by regulatory, industry or business developments. Shows initiative, including eagerness to work on projects.
T he 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.
This position is not eligible for visa sponsorship.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
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 insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
EEO is the Law
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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster.
E-Verify
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://careers.usbank.com/verification-of-eligibility-for-employment) .
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: $58,650.00 - $69,000.00 - $75,900.00
Job 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.