📌 Core Information
🔹 Job Title: Global Corporate Trust Account Associate
🔹 Company: U.S. Bank
🔹 Location: Saint Paul, MN (Hybrid: 3+ days on-site)
🔹 Job Type: Full-Time
🔹 Category: Banking & Financial Services
🔹 Date Posted: April 17, 2025
🔹 Experience Level: 6+ years
🔹 Remote Status: On-site (Hybrid)
🚀 Job Overview
Key aspects of this role include:
- Analyzing and interpreting data from corporate trust documents
- Setting up accurate account set-ups on bank systems
- Coordinating cash and asset movements for bond closings
- Providing responsive service for post-closing account maintenance
- Supporting ongoing client and team projects
ASSUMPTION: This role requires strong attention to detail, data entry skills, and the ability to work well with various teams and stakeholders.
📋 Key Responsibilities
✅ Analyze, extract, and interpret data from corporate trust source documents to establish accurate account set-ups on all appropriate bank systems
✅ Identify, formulate, and input tickler items to the Tickler Monitoring System(s) to ensure accurate monitoring and performance of trustee functions
✅ Interact with Account Manager, Relationship Specialist, specialized units, bond underwriters, and legal counsel to coordinate movement of cash and assets for bond closings
✅ Interact with appropriate units related to critical reporting
✅ Provide responsive and appropriate service regarding all aspects of post-closing account maintenance and special projects related to ongoing client and team support
ASSUMPTION: This role involves a high degree of data entry and requires strong attention to detail, as well as the ability to work well with various teams and stakeholders.
🎯 Required Qualifications
Education: Associate's degree or equivalent work experience
Experience: 6+ years of relevant experience
Required Skills:
- Ability to determine information needs and extract required information from multiple source documents
- Strong data entry skills, reading, and comprehension skills
- Proven customer service skills
- Thorough knowledge of various corporate trust products
- Thorough knowledge of tax control issues and credit enhancements
- Good understanding of the typical legal agreements and duties related to corporate trust products
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
Preferred Skills:
- Experience in SEI, Tickler Monitoring System systems
ASSUMPTION: While an Associate's degree is the minimum requirement, candidates with relevant work experience may also be considered.
💰 Compensation & Benefits
Salary Range: $27.50 - $36.68 - $40.35 per hour (based on primary location)
Benefits:
- 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
Working Hours: Full-time (40 hours per week)
ASSUMPTION: The salary range provided is based on the primary location. Actual salary may vary based on the location of the role.
📌 Applicant Insights
🔍 Company Context
Industry: U.S. Bank is a leading financial services company, offering a wide range of products and services, including commercial and institutional banking, business banking, payments, wealth management, and consumer banking.
Company Size: U.S. Bank is a large company with over 10,000 employees, providing ample opportunities for career growth and development.
Founded: U.S. Bank was founded in 1863 and has since grown to become one of the largest banks in the United States.
Company Description:
- U.S. Bank is committed to helping its clients achieve their financial goals by providing a balance of best-in-class technology and human expertise tailored to individual needs.
- The company offers a complete suite of products, services, and strategic partnerships for businesses, serving over half a million clients across the country and around the world.
- U.S. Bank is consistently recognized as a great place to work, with a focus on creating a workplace where it’s safe to speak up, share ideas, and try new things.
Company Specialties:
- Asset-based lending
- Commercial lending
- Custody services
- Equipment financing
- Foreign exchange
- Fund services
- Global payments and receivables
- Liquidity and asset management
- Loan syndication
- Market risk management
- Payment processing
- Treasury management
- Supply chain financing
- Wealth management
- Mortgage
- Home equity
- Deposits
- Loans
- Banking and financial services
Company Website: https://www.usbank.com/index.html
ASSUMPTION: U.S. Bank's size and diverse range of services provide ample opportunities for career growth and development within the company.
📊 Role Analysis
Career Level: This role is at the mid-career level, requiring a significant amount of relevant experience.
Reporting Structure: The role reports to the Account Manager and works closely with various teams, including Relationship Specialists, specialized units, bond underwriters, and legal counsel.
Work Arrangement: The role offers a hybrid schedule, with an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
Growth Opportunities:
- Progression to senior or management roles within the Corporate Trust division
- Expansion into related roles within U.S. Bank's diverse range of services
- Professional development and training opportunities
ASSUMPTION: Given U.S. Bank's size and diverse range of services, there are ample opportunities for career growth and development within the company.
🌍 Location & Work Environment
Office Type: U.S. Bank's headquarters are located in Minneapolis, MN, with additional offices across the United States.
Office Location(s): Saint Paul, MN (Hybrid: 3+ days on-site)
Geographic Context:
- The Twin Cities metropolitan area, where U.S. Bank's headquarters are located, offers a mix of urban and suburban living, with a variety of cultural attractions, recreational opportunities, and a strong job market.
- Saint Paul, MN, where this role is based, is the state capital and the second-most populous city in Minnesota, offering a unique blend of urban and suburban living.
Work Schedule: Full-time (40 hours per week), with a hybrid schedule requiring 3 or more days on-site.
ASSUMPTION: The hybrid work arrangement offers flexibility while ensuring collaboration and in-person interaction with team members and stakeholders.
💼 Interview & Application Insights
Typical Process:
- Online application submission
- Phone or video screen with a member of the HR team
- In-person or video interview with the hiring manager and/or team members
- Background check and offer extension
Key Assessment Areas:
- Data entry skills and attention to detail
- Customer service skills and communication
- Understanding of corporate trust products and legal agreements
- Problem-solving and analytical skills
Application Tips:
- Tailor your resume to highlight relevant experience and skills, using keywords from the job description
- Prepare for behavioral interview questions that focus on your problem-solving skills, attention to detail, and customer service experience
- Research U.S. Bank's company culture and values to demonstrate your fit for the role
ATS Keywords: Data entry, corporate trust, account set-up, bond closings, post-closing account maintenance, customer service, attention to detail, problem-solving
ASSUMPTION: U.S. Bank's application process is designed to assess your skills and fit for the role, with a focus on data entry, customer service, and problem-solving abilities.
🛠️ Tools & Technologies
- Microsoft Office applications (Word, Excel, etc.)
- SEI and Tickler Monitoring System (preferred)
- Various bank systems and platforms
ASSUMPTION: Familiarity with Microsoft Office applications and relevant bank systems is essential for this role. Experience with SEI and Tickler Monitoring System is preferred but not required.
👔 Cultural Fit Considerations
Company Values:
- Putting customers first
- Acting with integrity
- Collaborating effectively
- Fostering a diverse and inclusive environment
- Driving results
Work Style:
- Data-driven and detail-oriented
- Collaborative and team-focused
- Adaptable and responsive to change
- Customer-focused and service-oriented
Self-Assessment Questions:
- How do you ensure accuracy and attention to detail in your work?
- Can you describe a time when you had to collaborate with multiple teams or stakeholders to achieve a common goal?
- How do you approach learning new tools or technologies to improve your work efficiency?
ASSUMPTION: U.S. Bank values candidates who demonstrate strong attention to detail, data-driven decision-making, and a customer-focused work style.
⚠️ Potential Challenges
- High volume of data entry and attention to detail required
- Need to balance multiple priorities and deadlines
- Working with various teams and stakeholders, requiring strong communication and collaboration skills
- Adapting to changes in processes and technologies
ASSUMPTION: This role may present challenges in terms of data volume, prioritization, and adaptability, but also offers opportunities for growth and development.
📈 Similar Roles Comparison
- Compared to related roles, this position places a greater emphasis on data entry and attention to detail
- Within the banking and financial services industry, this role is unique in its focus on corporate trust account management
- Career progression may involve moving into senior or management roles within the Corporate Trust division or expanding into related roles within U.S. Bank's diverse range of services
ASSUMPTION: While this role shares similarities with other banking and financial services positions, its unique focus on corporate trust account management sets it apart.
📝 Sample Projects
- Analyzing and interpreting data from a large set of corporate trust documents to set up accurate account set-ups on multiple bank systems
- Coordinating cash and asset movements for a complex bond closing, involving multiple teams and stakeholders
- Developing and implementing a new process to improve the efficiency of post-closing account maintenance
ASSUMPTION: These sample projects demonstrate the data-driven, collaborative, and customer-focused nature of the role.
❓ Key Questions to Ask During Interview
- Can you describe the typical workflow for a bond closing, and how this role fits into that process?
- How does the team collaborate and communicate to ensure accurate and efficient account set-ups and post-closing maintenance?
- What opportunities are there for professional development and growth within the Corporate Trust division and U.S. Bank as a whole?
- How does U.S. Bank support work-life balance for its employees, particularly for hybrid roles like this one?
- Can you provide an example of a time when the team had to adapt to a significant change in processes or technologies, and how that was managed?
ASSUMPTION: These interview questions are designed to provide insight into the role's day-to-day responsibilities, team dynamics, and growth opportunities, as well as U.S. Bank's approach to change management and work-life balance.
📌 Next Steps for Applicants
To apply for this position:
- Submit your application through this link
- Tailor your resume to highlight relevant experience and skills, using keywords from the job description
- Prepare for behavioral interview questions that focus on your problem-solving skills, attention to detail, and customer service experience
- Research U.S. Bank's company culture and values to demonstrate your fit for the role
- Follow up with the hiring manager or HR representative within one week of submitting your application to express your interest in the position
⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.
