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

PFM Asset Management (PFMAM) offers local government investment pools (LGIPs), cash and enhanced cash portfolios, short and intermediate term fixed income, outsourced chief investment officer (OCIO), payment solutions (P-Card) program, multi-manager mutual funds, structured products, and arbitrage rebate consulting. PFM works with organizations of all sizes across the nation and focus solely on the public sector and our clients include cities, counties, school districts, pension funds, utilities, and governmental insurance risk pools. We provide efficiencies necessary for our clients to deliver economical completive products while we protect their business interests and minimize risks.

As Transfer Agent for the LGIPs, we partner to create tailored solutions for specific needs and advise public sector institutions.  We helped develop the first local government investment pool (LGIP), have since expanded our work across 18 programs with thousands of investors nationwide, and offer a wide variety of options for LGIPs that are tailored to the needs and objectives of each program or fund. Our approach to managing pools is to use a common infrastructure for operations while adapting programs to meet the specific needs of local government investors in a state.  Efficient and detail-oriented individuals will be able to showcase their talents and develop long-lasting relationships through excellent verbal and written communications.

Retrieve external bank reports for intradepartmental LGIP operational use. Provide initial review and reconciliation of previous and current day internal and external reporting; appropriately alert affiliated teams of discrepancies and work to resolve them while adhering to organizational compliance policies. Accurately process client transactions as directed via client form request and TERM files. Monitor and reconcile same day wire activity. Maintain client contact and account information in internal record keeping systems. Open and close accounts per client direction. Respond to client audit confirmation requests and quarterly/annual internal audits. Have working knowledge of some daily operational requirements, policies, and procedures of PFMAM LGIP Research Team. Synthesize knowledge and problem-solving skills to research and resolve ledger discrepancies discovered in intradepartmental reconciliation work with support and/or review by Research Analyst II or Lead. Respond to intradepartmental inquiries in a timely and professional manner. Assess and resolve time sensitive operational issues in a timely manner to minimize negative shareholder and company impact. Assist in projects and initiatives to continually improve team performance and efficiency. Train, assist with workload, and review the work product of Research Analyst Admin as needed.

Participate in a culture of continuous improvement, risk-based thinking, and employee engagement driven by our ISO 901 certification.

Basic Qualifications

Undergraduate degree in business related field or equivalent work experienceA minimum of 1 year experience as a Research Admin

Preferred Skills/Experience

Ability to meet and manage quick turnaround demands in a dynamic work environment while multitasking with minimal supervision.Strong multi-tasking skills requiredStrong attention to detail requiredStrong reading comprehension and reasoning skills to effectively evaluate received correspondence and requestsEffective verbal and written communication skills requiredStrong PC skills and proficient knowledge of MS productsAbility to utilize U.S. Bank Global Fund Services account management record keeping applications

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.

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 (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 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.

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: $25.63 - $34.18 - $37.60

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

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.