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Custody Operations Manager - Class Actions and Proxy

U.S. Bank
Posted 2 days ago, valid for 25 days
Location

Milwaukee, WI, US

Salary

$86,360 - $101,600 per year

Contract type

Full Time

Retirement Plan
Life Insurance

By applying, a U.S. Bank account will be created for you. U.S. Bank's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

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  • U.S. Bank is seeking a Class Actions & Proxy Manager to oversee the operations and strategic direction of their Class Action and Proxy Services teams.
  • The role requires a bachelor's degree in accounting or finance and 3 to 5 years of experience in trust and securities operational functions, along with management experience.
  • The salary range for this position is $86,360.00 to $101,600.00, with a comprehensive benefits package included.
  • Key responsibilities include ensuring accurate processing of shareholder proxy voting and class action litigation recovery services while maintaining a strong control environment.
  • The manager will also work closely with internal partners and external service providers to support regulatory compliance and client satisfaction.

 

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

The Class Actions & Proxy Manager is responsible for leading the day-to-day operations, strategic direction, and risk oversight of the Class Action and Proxy Services teams within Global Asset Servicing. This role ensures the accurate and timely processing of shareholder proxy voting, class action litigation recovery services, entitlement reconciliation, and client asset servicing activities while maintaining a strong control environment and delivering exceptional client service. The manager leads a team of operations professionals, drives operational excellence initiatives, partners with technology and product teams on platform enhancements and conversions, and identifies opportunities to improve efficiency, scalability, and risk mitigation. Additionally, the role serves as a key liaison with internal business partners, vendors, and external service providers to support regulatory compliance, client satisfaction, and long-term business growth.
Basic Qualifications
- 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
Preferred Skills/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

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 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 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: $86,360.00 - $101,600.00

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.




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By applying, a U.S. Bank account will be created for you. U.S. Bank's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.