Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make ... Repo and reverse repo income/expense * Mark-to-market adjustments where applicable * Manage ...
Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make ... Repo and reverse repo income/expense * Mark-to-market adjustments where applicable * Manage ...
Regulatory Margin & Compliance o Act as the operational subject matter expert on broker-dealer and bank margin regulations applicable to Prime Brokerage, Repo and Securities financing activity. Core ...
Regulatory Margin & Compliance o Act as the operational subject matter expert on broker-dealer and bank margin regulations applicable to Prime Brokerage, Repo and Securities financing activity. Core ...
Communications Director for Commercial Bank
Boston, MA · Hybrid
$137K - $204K/yr
Reporting to the Head of Commercial and Business Banking Communications, this role will be instrumental in driving the Commercial Bank mission through impactful storytelling and engagement with ...
Communications Director for Commercial Bank
Boston, MA · Hybrid
$137K - $204K/yr
Reporting to the Head of Commercial and Business Banking Communications, this role will be instrumental in driving the Commercial Bank mission through impactful storytelling and engagement with ...
Communications Director for Commercial Bank
New York, NY · Hybrid
$137K - $204K/yr
Reporting to the Head of Commercial and Business Banking Communications, this role will be instrumental in driving the Commercial Bank mission through impactful storytelling and engagement with ...
Communications Director for Commercial Bank
New York, NY · Hybrid
$137K - $204K/yr
Reporting to the Head of Commercial and Business Banking Communications, this role will be instrumental in driving the Commercial Bank mission through impactful storytelling and engagement with ...
Communications Director for Commercial Bank
Boston, MA · Hybrid
$137K - $204K/yr
Reporting to the Head of Commercial and Business Banking Communications, this role will be instrumental in driving the Commercial Bank mission through impactful storytelling and engagement with ...
Communications Director for Commercial Bank
Boston, MA · Hybrid
$137K - $204K/yr
Reporting to the Head of Commercial and Business Banking Communications, this role will be instrumental in driving the Commercial Bank mission through impactful storytelling and engagement with ...
... repo and financing products. * Own business engagement with external vendors, FinTech partners to deliver strategic capabilities in alignment with business priorities. * Understand how the Bank ...
... repo and financing products. * Own business engagement with external vendors, FinTech partners to deliver strategic capabilities in alignment with business priorities. * Understand how the Bank ...
Communications Director for Commercial Bank
New York, NY · Hybrid
$137K - $204K/yr
Reporting to the Head of Commercial and Business Banking Communications, this role will be instrumental in driving the Commercial Bank mission through impactful storytelling and engagement with ...
Communications Director for Commercial Bank
New York, NY · Hybrid
$137K - $204K/yr
Reporting to the Head of Commercial and Business Banking Communications, this role will be instrumental in driving the Commercial Bank mission through impactful storytelling and engagement with ...
... and bank margin regulations applicable to Prime Brokerage, Repo and Securities financing activity. Core regulatory knowledge to include: • Regulation T - Federal Reserve rules governing broker ...
... and bank margin regulations applicable to Prime Brokerage, Repo and Securities financing activity. Core regulatory knowledge to include: • Regulation T - Federal Reserve rules governing broker ...
Treasury Operations Specialist
Westborough, MA · On-site
$45K - $74K/yr
Configure and validate systems for services including online banking (OLB), ACH, wires, remote deposit capture (RDC), Positive Pay, REPO, bill pay, Corporate Draw Down Agreements, EDI, and other cash ...
Treasury Operations Specialist
Westborough, MA · On-site
$45K - $74K/yr
Configure and validate systems for services including online banking (OLB), ACH, wires, remote deposit capture (RDC), Positive Pay, REPO, bill pay, Corporate Draw Down Agreements, EDI, and other cash ...
Treasury Operations Specialist
Westborough, MA · On-site +1
$45K - $74K/yr
Configure and validate systems for services including online banking (OLB), ACH, wires, remote deposit capture (RDC), Positive Pay, REPO, bill pay, Corporate Draw Down Agreements, EDI, and other cash ...
Treasury Operations Specialist
Westborough, MA · On-site +1
$45K - $74K/yr
Configure and validate systems for services including online banking (OLB), ACH, wires, remote deposit capture (RDC), Positive Pay, REPO, bill pay, Corporate Draw Down Agreements, EDI, and other cash ...
Associate - Global Markets Advisory and Contract Execution, Securities Funding Documentation Team
New York, NY · On-site
$175K/yr
... income (e.g., repo/securities lending agreements, ISDA Master Agreements, prime brokerage ... Ensure that the Bank is adequately protected in all dealings by preparing and negotiating capital ...
Associate - Global Markets Advisory and Contract Execution, Securities Funding Documentation Team
New York, NY · On-site
$175K/yr
... income (e.g., repo/securities lending agreements, ISDA Master Agreements, prime brokerage ... Ensure that the Bank is adequately protected in all dealings by preparing and negotiating capital ...
Treasury Operations Specialist
Westborough, MA · On-site +1
$45K - $74K/yr
Configure and validate systems for services including online banking (OLB), ACH, wires, remote deposit capture (RDC), Positive Pay, REPO, bill pay, Corporate Draw Down Agreements, EDI, and other cash ...
Treasury Operations Specialist
Westborough, MA · On-site +1
$45K - $74K/yr
Configure and validate systems for services including online banking (OLB), ACH, wires, remote deposit capture (RDC), Positive Pay, REPO, bill pay, Corporate Draw Down Agreements, EDI, and other cash ...
Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make ... Repo and reverse repo income/expense * Mark-to-market adjustments where applicable * Manage ...
Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make ... Repo and reverse repo income/expense * Mark-to-market adjustments where applicable * Manage ...
Vice President, Collateral Manager
New York, NY · On-site
$200K - $265K/yr
... Repo-Reverse Repo, and government Bonds, and managing FX positions with FX Swaps and Spot ... Drive strategy and roadmap for margin, cash and collateral products, simplify settlement bank and ...
Vice President, Collateral Manager
New York, NY · On-site
$200K - $265K/yr
... Repo-Reverse Repo, and government Bonds, and managing FX positions with FX Swaps and Spot ... Drive strategy and roadmap for margin, cash and collateral products, simplify settlement bank and ...
Treasury Operations Specialist
Westborough, MA · On-site +1
$45K - $74K/yr
Configure and validate systems for services including online banking (OLB), ACH, wires, remote deposit capture (RDC), Positive Pay, REPO, bill pay, Corporate Draw Down Agreements, EDI, and other cash ...
Treasury Operations Specialist
Westborough, MA · On-site +1
$45K - $74K/yr
Configure and validate systems for services including online banking (OLB), ACH, wires, remote deposit capture (RDC), Positive Pay, REPO, bill pay, Corporate Draw Down Agreements, EDI, and other cash ...
Full Stack Developer (C#, Angular, Python, SQL)
New York, NY · On-site
$50 - $55/hr
Join a front-office technology team at a leading French investment bank , supporting one of the firm's highest-performing repo trading desks . This is your chance to build next-gen tools that ...
Quick apply
Full Stack Developer (C#, Angular, Python, SQL)
New York, NY · On-site
$50 - $55/hr
Join a front-office technology team at a leading French investment bank , supporting one of the firm's highest-performing repo trading desks . This is your chance to build next-gen tools that ...
Business System Analyst
Tempe, AZ · On-site
... Banking Systems like Payments, Forex, Loan Systems, Repo etc. Proven knowledge and robust understanding of banking industry and processes Should be flexible to work off business hours and weekends as ...
Business System Analyst
Tempe, AZ · On-site
... Banking Systems like Payments, Forex, Loan Systems, Repo etc. Proven knowledge and robust understanding of banking industry and processes Should be flexible to work off business hours and weekends as ...
$80K/yr
General information Entity About Credit Agricole Corporate and Investment Bank (Credit Agricole CIB ... on its derivatives, repo and securities lending activities. Key responsibilities Assist in ...
$80K/yr
General information Entity About Credit Agricole Corporate and Investment Bank (Credit Agricole CIB ... on its derivatives, repo and securities lending activities. Key responsibilities Assist in ...
Workout Specialist I
Getzville, NY · On-site
$54K - $90K/yr
... required to secure the Bank's collateral and reduce the risk of loss up to $10MM. Primary ... Engage with Repo / Remarketing business partners to assist with the collateral sale, negotiate with ...
Workout Specialist I
Getzville, NY · On-site
$54K - $90K/yr
... required to secure the Bank's collateral and reduce the risk of loss up to $10MM. Primary ... Engage with Repo / Remarketing business partners to assist with the collateral sale, negotiate with ...
... and Investment Banking Activities. * [Desired / Plus] Knowledge of Fixed Income Products such as Repo, Bonds, and IRS. * [Desired / Plus] Knowledge in risk analysis and pricing. Competencies ...
... and Investment Banking Activities. * [Desired / Plus] Knowledge of Fixed Income Products such as Repo, Bonds, and IRS. * [Desired / Plus] Knowledge in risk analysis and pricing. Competencies ...
Bank Repo information
See salary details
$28.5K - $34.5K
9% of jobs
$38.9K is the 25th percentile. Wages below this are outliers.
$34.5K - $40.5K
22% of jobs
The median wage is $45.2K / yr.
$40.5K - $46.5K
24% of jobs
$46.5K - $52.5K
19% of jobs
$52.8K is the 75th percentile. Wages above this are outliers.
$52.5K - $58.5K
13% of jobs
$58.5K - $64.5K
7% of jobs
$64.5K - $70.5K
2% of jobs
$70.5K - $76.5K
1% of jobs
$76.5K - $82.5K
1% of jobs
$82.5K - $88.5K
1% of jobs
$88.5K - $94.5K
0% of jobs
$28.5K
$50.9K
$94.5K
How much do bank repo jobs pay per year?
What are the typical work hours and environments for a Bank Repo agent?
Bank Repo agents often work irregular hours, including nights and weekends, since vehicle repossessions commonly occur when assets are most likely to be accessible. The role involves both office work (handling paperwork and asset tracking) and fieldwork, which may require driving to various locations, sometimes in challenging environmental conditions. Agents often work independently but may coordinate with law enforcement, lenders, or logistics teams to ensure safe and lawful repossession. The role requires adaptability and self-motivation, as daily responsibilities can vary depending on assignments and repossession schedules.
What is a Bank Repo job?
A Bank Repo job involves recovering vehicles or other assets from individuals who have defaulted on their loans. Repossession agents locate, secure, and transport the assets on behalf of banks or lending institutions. The job requires knowledge of repossession laws, strong negotiation skills, and attention to detail. Agents may work independently or for a repossession company, often during irregular hours.
What are the key skills and qualifications needed to thrive in the Bank Repo position, and why are they important?
To thrive as a Bank Repo agent, you need a solid understanding of repossession laws and procedures, basic automotive mechanics, and often a valid driver's license with a clean record. Familiarity with industry-specific software for tracking assets and managing documentation, as well as GPS and vehicle recovery tools, is typically required. Effective communication, conflict resolution, and discretion are crucial soft skills for handling sensitive situations with borrowers and collaborating with lenders. These skills and qualifications ensure successful, lawful asset recovery while maintaining professionalism and minimizing risk.

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 11 days ago
U.S. Bank rating
8.2
Based on 345 frontline employees who took The Breakroom Quiz
38th of 141 rated banks
Job description
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 DescriptionThe Accounting Manager will support the accounting, financial reporting, and control environment for a clearing capital markets broker dealer with a diverse fixed income and securities financing activities. This role will be responsible for managing accounting activities across a range of products and transaction types, including fixed income trading, fixed income underwriting, securities borrowing and lending, repurchase and reverse repurchase agreements, defeasance transactions, and VRDN remarketing activities.
This position requires strong broker-dealer product knowledge, technical accounting expertise, operational understanding of trade lifecycle events, and the ability to work cross-functionally with front office, operations, treasury, product control, regulatory reporting, and external/internal audit teams. The Accounting Manager will play a key role in ensuring accurate financial reporting, a robust control framework, and operational readiness in a highly regulated environment.
Product and Transaction Accounting Oversight
Manage and oversee accounting support for the following products and activities:
Fixed Income Trading
Corporate bonds
Brokered CDs
Municipal bonds
U.S. Treasuries
Asset-backed securities (ABS)
Variable Rate Demand Notes (VRDNs)
Fixed Income Underwritings
Corporate bonds
Municipal bonds
ABS
Brokered CDs
Rule 144A offerings
Securities Borrowing and Lending
Firm stock borrow / stock loan
Corporate bonds lending/borrowing activity where applicable
Repurchase and Reverse Repurchase Agreements
U.S. Treasuries
Corporate bonds
ABS
Other Capital Markets Activities
Defeasance transactions
VRDN remarketing
Core Accounting Responsibilities
Oversee daily, monthly, and quarterly accounting activities for capital markets and broker-dealer products,including trade date and settlement date accounting,accruals, valuations support, and balance sheet reconciliations.
Review accounting treatment for trading inventory, underwriting positions, financing transactions, and related revenue/expense recognition.
Ensure completeness and accuracy of accounting for:
Trading gains/losses
Underwriting fees and deal-related revenue
Interestincome and interest expense
Borrow and loan fees
Repo and reverse repo income/expense
Mark-to-market adjustments where applicable
Manage accounting close deliverables, journal entries, substantiations, and account reconciliations for assigned products and legal entities.
Partner with operations and product control teams to understand end-to-end transaction flows and ensure accounting conclusionsalignedwith business activity and system processing.
Support accounting analysis for complex transactions, new products, and non-routine events.
Financial Reporting and Control
Support internal and external financial reporting for thebroker-dealer, including legal entity reporting and consolidation inputs, as applicable.
Maintain strong balance sheet and P&L controls over trading, underwriting, financing, and remarketing activities.
Review account reconciliations, breaks, aged items, and exception reporting; drive timely remediation and escalation where needed.
Ensure compliance with internal accounting policies, U.S. GAAP, and broker-dealer control standards.
Assist in development and maintenance of accounting policies, process narratives, desktop procedures, and control documentation.
Partner with regulatory reporting teams to support consistency between general ledger balances and broker-dealer regulatory reporting inputs.
Cross-Functional Partnership
Work closely with:
Capital markets desk support teams
Operations / settlements
Treasury and liquidity teams
Product control / valuation control
Regulatory reporting
Internal audit, external audit, and compliance
Provide accounting support for business initiatives, systems implementations, process changes, and legal entity or product expansion efforts.
Serve as a key accounting contact for control issues, process improvements, and audit/regulatory inquiries.
Team Leadership and Process Improvement
Manage, coach, and develop accounting staff, including review of work product, prioritization of deliverables, and career development support.
Identify and implement opportunities to improve accounting processes, strengthen controls, and reduce manual effort.
Drive standardization and documentation across capital markets accounting processes.
Support a culture of accountability, control discipline, continuous improvement, and effective partnership across finance andthe business.
Basic Qualifications
- Bachelor's degree in accounting or finance (preferred) or related field, or equivalent work experience
- Six or more years of accounting experience
Preferred Skills/Experience
Prior people management or demonstrated leadership experience
Strong knowledge of broker-dealer products and transaction flows, particularly fixed income and securities financing products
Experience supporting month-end close, account reconciliations, control execution, and audit support
Strong understanding of U.S. GAAP and internal control requirements in a regulated financial services environment
Advanced Excel skills and experience working with large data sets and accounting/reporting systems
Hold FINRA Series 27 or be able to pass testing within 4-month window (120 days)
Experience in a clearing broker-dealer
Experience accounting for fixed income inventory, underwritings, repo/reverse repo, securities borrowing/lending, defeasance, and remarketing products
Familiarity with broker-dealer regulatory reporting and legal entity considerations
Experience working with front office, operations, and regulatory reporting teams in a bank-owned broker-dealer
Strong technical accounting research and memo-writing skills
Experience with process automation and systems enhancements
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 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. 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 theE-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: $111,605.00 - $131,300.00U.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.
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About U.S. Bank
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U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Minneapolis, MN, US
Year founded
1863