PFMAM Arbitrage Rebate Analyst

At U.S. Bank were 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 atall from Day One.

Financial Analyst in PFM Asset Managements 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 PFMAMs and USBAMs 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.

PFMAMs Arbitrage & Tax Compliance Group is headquartered in Harrisburg Pennsylvania. PFMAMs 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 PFMAMs 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 teams 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
- Bachelors 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 changing fast-paced environment.
• Ability to operate successfully in a team environment.
• Demonstrates unwavering integrity and instills confidence in others.
• Desire to improve processes take initiative and solve problems.
• Strong quantitative problem solving and analytical skills.
• Strong customer orientation.
• Detail oriented with strong time management and organization skills.
• Strong working knowledge of Microsoft Office applications including Word Excel and PowerPoint.
• Familiarity and comfort working daily with Excel models.
• Enthusiastic can-do attitude.

The role offers a hybrid/flexible schedule which means theres 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 theres anything we can do to accommodate a disability during any portion of the application or hiring process please refer to ourdisability 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. Thats 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 regard to race religion color sex national origin age sexual orientation gender identity disability or veteran status and other factors protected under applicable law.

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 theE-Verify program.

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.

Posting may be closed earlier due to high volume of applicants.