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.
U.S. Bank is seeking a Securitization Analyst to support the Balance Sheet Market Execution (BSME) team. BSME centralizes the market execution of balance sheet optimization activity across the bank, including securitizations, forward flow arrangements, loan sales, and Significant/Credit Risk Transfer (SRT/CRT) transactions.
In this role, you will join a high-performing team responsible for the full transaction lifecycle—from strategy and structuring through closing—and support post-close monitoring, investor/management reporting, and ongoing program maintenance. You will partner closely with cross-functional stakeholders (Accounting Policy, Treasury/ALM, Risk, Finance, Legal, Tax, Operations, Servicing, and business lines) and, as needed, external parties (e.g., rating agencies, trustees, underwriters, counsel).
The ideal candidate brings strong quantitative skills, excellent execution discipline, and the ability to translate complex portfolio and transaction analysis into clear insights and decision-ready materials.
Key Responsibilities
Support Deal Managers in executing transactions from conception through closing, including timelines, deliverables, and internal approvals.
Build and maintain deal support materials such as data tapes, collateral stratifications, assumptions packages, and exhibits.
Coordinate with internal partners (Legal, Tax, Accounting Policy, Risk, Operations, Servicing) to ensure alignment on structure, accounting treatment, operational readiness, and closing requirements.
Perform loan-level and portfolio-level analysis to evaluate performance and identify capacity for balance sheet optimization activity.
Analyze trends and historical performance, including (as applicable):
delinquencies, roll rates, defaults, losses and recoveries
prepayments, seasoning, and vintage performance behavior
concentration monitoring, eligibility testing, and collateral migration
Support cash flow / structural analysis and scenario testing (where applicable), including stress/sensitivity analysis and documentation of assumptions.
Develop clear visualizations and dashboards (Power BI preferred) for senior management, governance committees, and transaction monitoring.
Drive continuous improvement by identifying opportunities to streamline reporting, automate recurring analysis, and strengthen data governance.
Work to proactively identify optimization opportunities within existing portfolios on the Bank’s balance sheet.
Basic Qualifications
- Bachelor’s degree in Finance, Economics, Accounting, Mathematics, Statistics, or a related quantitative discipline.
- Typically 3-5 years of relevant experience in structured finance, securitization, capital markets, banking/treasury, portfolio analytics, credit/risk analytics, or related fields.
Preferred Qualifications / Skills
- Working knowledge of securitization / structured finance concepts such as SPV/issuer mechanics, collateral eligibility, credit enhancement, triggers, excess spread, waterfall concepts and structural protections, transaction lifecycle and closing deliverables (data tape/strats, reporting requirements, coordination of stakeholders)
- Familiarity with balance sheet optimization activity including securitizations, forward flow, loan sales, and/or SRT/CRT.
- Advanced Excel skills.
- Experience with Bloomberg a plus.
- Experience with Intex a plus.
- Experience with Intex a plus.
- Experience working with SQL, programming using Python, or other languages a plus.
- Experience with Power BI (preferred) or similar visualization tools for executive-ready dashboards and reporting.
- Experience with one or more of: auto, mortgage, credit card, fund finance, and/or large / SME corporate portfolios.
- Self-motivated, highly detail-oriented, and committed to accuracy.
- Strong communication skills—able to translate complex analysis into clear business insight.
- Proven ability to work in a fast-paced, time-sensitive environment and manage multiple deadlines.
- Strong continuous-improvement mindset with a focus on process efficiency and control.
- Familiarity with bank balance sheets and capital rules (e.g., RWA methodologies, capital relief mechanics)
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:
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: $92,820.00 - $109,200.00U.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.