OCIO Business Operations Analyst

U.S. Bank • Minneapolis, MN

1d • Hybrid

About The Position

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 Business Operations Analyst is responsible for managing daily accounting functions for OCIO portfolios, ensuring accuracy, operational efficiency, and compliance across all investment-related activities. This role requires ongoing coordination with trading operations, client service teams, custodian banks, auditors, and internal partners. The position supports trade processing, account maintenance, portfolio accounting, performance calculations, and customized client reporting, while also contributing to strategic operational initiatives.

Requirements

• Bachelor’s degree, or equivalent work experience
• Typically four or more years of related experience

Nice To Haves

• Strong analytical skills with the ability to interpret and evaluate data effectively
• Demonstrated ability to collaborate effectively across teams and stakeholders
• Excellent verbal and written communication skills
• Proficiency in navigating computer systems and using a variety of software applications, including Microsoft Office

Responsibilities

• managing daily accounting functions for OCIO portfolios
• ensuring accuracy, operational efficiency, and compliance across all investment-related activities
• ongoing coordination with trading operations, client service teams, custodian banks, auditors, and internal partners
• supports trade processing, account maintenance, portfolio accounting, performance calculations, and customized client reporting
• contributing to strategic operational initiatives

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level