PFMAM Arbitrage Rebate Analyst

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 Financial Analyst in PFM Asset Management’s Arbitrage & Tax Compliance Group, based in the Harrisburg, PA office. PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc. This position affords unique opportunities to work closely with seasoned professionals in PFMAM’s and USBAM’s local government investment pool (“LGIP”) and investment advisory businesses. Individuals in this role are self-motivated and highly organized, possess strong interpersonal skills, and have demonstrated success working directly with and supporting internal and external clients.   PFMAM’s Arbitrage & Tax Compliance Group is headquartered in Harrisburg, Pennsylvania. PFMAM’s consulting services include providing federal tax compliance services to our clients with tax-exempt and tax-advantaged debt obligations that are subject to the arbitrage rebate regulations . Compliance services include arbitrage rebate and yield restriction calculations, investment cash flow and expenditure allocation analysis, investment valuations, liability forecasting and related consulting services.   MAJOR RESPONSIBILITIES Learn and gain knowledge of the arbitrage rebate regulations and compliance requirements of tax-advantaged debt issuers, client-facing work experience, excellent quantitative skills, and have worked with public sector entities and/or other non-profit institutions. Learn and gain knowledge of the LGIP and other bank businesses and how PFMAM’s Arbitrage & Tax Compliance Group supports the firms investors and participants. Key Tasks include: • Onboard new client accounts including collecting bond documents and related new account forms; • Ensuring new bond issues are added to the team’s database and reporting tickler; • Prepare tax compliance calculations and reports for PFMAM clients; • Create cash flow analyses, expenditure allocation analyses, and related analyses; • Data entry or using Excel query tools to capture data needed in calculation models; • Review bond documents; • Serve as a resource to internal management and marketing staff; • Work on additional tax compliance or investment management projects; • Work with our Client Services Group to ensure smooth onboarding of new clients and fulfilling the needs of current clients; • Assist with the preparation of reports and other materials for clients at meetings; and • Support other sales, marketing and service activities as appropriate. Basic Qualifications - Bachelor's degree, or equivalent work experience - Typically less than one year of related experience Preferred Skills/Experience • Prior experience or knowledge of accounting for fixed income investments, cash and securities reconciliations, bond math calculations, and tax-exempt bond documents are pluses but not required. • CPA license is a plus, but not required. • Knowledge of money market instruments, short and intermediate term fixed income investments, and equity and fixed income funds a plus. • Independent, self-motivated, and proactive with a desire to succeed and to grow within the firm. • Excellent communication and interpersonal skills. Develops effective written correspondence. Actively listens to others. • Ability to manage multiple tasks and adapt to a