Hybrid Custody Operations Manager

Posted 2 months ago

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About the role

  • Custody Operations Manager leading the formation of a custody operations team. Building operational infrastructure for settlements, reversals, corrections at U.S. Bank.

Responsibilities

  • Lead the creation and implementation of new operational procedures and controls for the SWP platform
  • Manage daily custody operations including settlements, reversals, corrections, and trade services
  • Build and scale a high-performing team, including hiring, onboarding, and developing staff
  • Collaborate with project managers and cross-functional teams to ensure smooth platform migration and operational readiness
  • Drive process improvement initiatives with a focus on automation and efficiency
  • Ensure compliance with corporate policies, regulatory requirements, and risk mitigation standards
  • Prepare and manage departmental budgets and contribute to net income goals
  • Monitor and manage operational risks, identifying control gaps and implementing mitigation strategies
  • Serve as a people-first leader, fostering a culture of adaptability, accountability, and continuous improvement

Requirements

  • Bachelor's degree in accounting or finance, or equivalent work experience
  • Three to five years of experience in trust and securities operational functions
  • Three to five years of management experience
  • Thorough knowledge of trust and securities operational functions, systems, procedures, products and services
  • Thorough knowledge and understanding of legal, regulatory and accounting principles which directly affect Wealth Management & Securities Services business lines and clients
  • Well-developed analytical, problem-solving, organizational and project management skills
  • Effective interpersonal, verbal and written communication skills
  • Excellent supervisory and management skills, including a well-developed knowledge of human resources
  • Ability to manage multiple, unrelated tasks
  • Additional one to three years experience managing Managers preferred

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

Job title

Custody Operations Manager

Job type

Experience level

Mid levelSenior

Salary

$86,360 - $101,600 per year

Degree requirement

Bachelor's Degree

Location requirements

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