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U.S. Bank Senior Custody Operations Manager 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

Senior Custody Operations Manager

We are looking for a dynamic and experienced Senior Custody Operations Manager to lead our Asset Banking Services Group. As the Senior Custody Operations Manager, you will be responsible for providing leadership and oversight to a team of five managers within the group. Your primary focus will be on managing asset transfers, mutual funds transfers, transaction statements and providing support to ensure smooth operations.

Responsibilities:

  • Lead and guide a team of five managers with the Asset Banking Services Group to achieve operational excellence and meet performance targets.

  • Provide strategic direction and oversight to ensure efficient execution of asset transfers, mutual funds transfers, transaction statements, etc.

  • Act as a key point of contact for problem resolution, addressing any operational issues or challenges that may arise within the group.

  • Manage the final oversight and budgeting for the Asset Banking Services Group, including monitory and managing salary budgets.

  • Collaborate with internal stakeholders to drive process improvements and enhance operational efficiency within the custody operations function.

  • Develop and implement performance metrics to track the success of the Asset Banking Services Group and drive continuous improvement initiatives.

  • Provide mentorship and guidance to the managers within the group, fostering a culture of teamwork and professional development.

Basic Qualifications:

  • Bachelor's degree in accounting or finance, or equivalent work experience

  • Seven or more years of experience in trust and securities operational functions

  • Five to seven years of management experience

Preferred Skills/Experience:

  • Proven experience in Custody Operations Management, Asset Banking Services, or a related field.

  • Excellent problem-solving abilities and the ability to make sound decisions under pressure.

  • Experience working with different assent management software (SCI, SPQR, etc)

  • Strong communication and interpersonal skills.

If you are a strategic thinker with a passion for leading and developing high-performing teams, we invite you to apply for the position of Senior Custody Operations Manager with U.S. Bank.

Hybrid/flexible schedule:

The 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.

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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: $108,375.00 - $127,500.00 - $140,250.00

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.

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