Custody Operations Specialist

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 This is an exciting opportunity to join a fast-paced operations team supporting money market instruments and serving as an issuance and paying agent. In this role, you’ll help process important financial transactions from issuance through maturity while ensuring funds are accurately and efficiently moved between clients and financial institutions You’ll be responsible for managing assigned transactions involving products such as commercial paper, certificates of deposit, and medium-term notes . On a typical day, you may handle approximately 40 to 50 deals , tracking transactions through settlement, releasing outgoing proceeds by wire, monitoring incoming funds, and ensuring sufficient funding is available for maturing assets. In this role, you will: • Manage assigned money market transactions from issuance through settlement and maturity. • Process and release outgoing proceeds through wire transactions. • Monitor incoming funds and ensure appropriate funding is available for maturing assets. • Support approximately 40 to 50 transactions per day in a fast-paced processing environment. • Communicate with clients and financial institutions when additional information or funds are needed. • Partner closely with the paying agent and transfer agent teams, client managers, and team leadership to ensure transactions are completed accurately and on time What Will Help You Succeed This role is a strong fit for someone who is detail-oriented, accurate, and comfortable working in a fast-paced environment where priorities and transaction volumes can move quickly . Because the team handles high-dollar transactions that can involve billions of dollars in daily movement, careful attention to detail is especially important. Basic Qualifications • Associate's degree, or equivalent work experience • Two or more years of relevant experience Location & Schedule • Location: St. Paul West Side Flats • Schedule: Monday through Friday, approximately 8:00 a.m. to 4:30 p.m. This role requires working from a U.S Bank location three (3) or more days per week. 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 . 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: • 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 Review our full benefits available by employment status here . U.S. Bank is an equal opportunity employer. We consider all qualified applicants without reg