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Custody Operations Manager Jobs (NOW HIRING)

Wallet & Custody Operations: Manage institutional-grade multi-sig workflows, warm/cold wallet setups, and secure cross-chain bridging infrastructure. Assure strict adherence to operational security ...

Wallet & Custody Operations: Manage institutional-grade multi-sig workflows, warm/cold wallet setups, and secure cross-chain bridging infrastructure. Assure strict adherence to operational security ...

Client Service Representative

Boston, MA · On-site

$17.50 - $23.75/hr

Respond to client inquiries related to custody operations in a timely and professional manner ... Utilize internal systems and tools to track, manage, and resolve requests * Introduce and guide ...

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Custody Operations Manager information

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$31.5K

$77.3K

$136.5K

How much do custody operations manager jobs pay per year?

As of Aug 7, 2026, the average yearly pay for custody operations manager in the United States is $77,254.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,500.00 and $102,500.00 per year, depending on experience, location, and employer.

What is a custody operations manager?

Custody operations managers are professionals responsible for overseeing the administrative and operational aspects of securities custody within financial institutions. They ensure that assets such as stocks, bonds, and other investments are securely held and properly accounted for on behalf of clients. Their duties typically include managing settlement of trades, reconciling accounts, ensuring compliance with regulations, and improving operational efficiency. They also supervise teams, handle client inquiries, and coordinate with other departments to facilitate smooth custodial processes.

What are some common challenges faced by custody operations managers, and how can they be effectively addressed?

Custody Operations Managers often face challenges such as managing complex transaction settlements, ensuring regulatory compliance, and handling discrepancies in asset reconciliation. To address these, effective communication with internal teams and external custodians is crucial, as is implementing robust process controls and leveraging technology for automation. Staying updated with regulatory changes and providing ongoing team training also help minimize errors and maintain smooth operations.

What is the difference between Custody Operations Manager vs Custody Analyst?

AspectCustody Operations ManagerCustody Analyst
CredentialsTypically requires a bachelor’s degree in finance, accounting, or related field; certifications like CFA or CPA are commonUsually holds a bachelor’s degree in finance, accounting, or related area; certifications like CFA are advantageous
Work EnvironmentLeads teams, manages operations, and oversees compliance within custody servicesPerforms detailed analysis, reconciliations, and reporting tasks within custody operations
Employer & Industry UsageFound in banks, asset management firms, and custodians managing large-scale custody operationsEmployed in similar financial institutions, focusing on data analysis and transaction accuracy

The Custody Operations Manager oversees custody services and manages teams, while the Custody Analyst focuses on detailed data analysis and reconciliation tasks within custody operations. Both roles require relevant financial credentials and are integral to custody service delivery in financial institutions.

What are the key skills and qualifications needed to thrive as a custody operations manager?

To thrive as a Custody Operations Manager, you need in-depth knowledge of securities processing, settlement, reconciliation, and regulatory compliance, generally supported by a degree in finance or a related field. Familiarity with financial systems such as SWIFT, reconciliation platforms, and custody management software, as well as relevant certifications like CISA or CISI, is typically required. Strong leadership, analytical thinking, and effective communication are crucial soft skills for managing teams and coordinating with clients and stakeholders. These skills ensure operational accuracy, risk mitigation, and high service standards in complex financial environments.
What cities are hiring for Custody Operations Manager jobs? Cities with the most Custody Operations Manager job openings:
What are the most commonly searched types of Custody Operations jobs? The most popular types of Custody Operations jobs are:
What states have the most Custody Operations Manager jobs? States with the most job openings for Custody Operations Manager jobs include:
Infographic showing various Custody Operations Manager job openings in the United States as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 1% Temporary, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $77,254 per year, or $37.1 per hour.

Custody Operations Specialist (multiple levels)

US Bank

Saint Paul, MN • Hybrid

$21.25 - $28.32/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

New


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 360 frontline employees who took The Breakroom Quiz

51st of 170 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 Description
Responsible for the operational support and processing of Wealth Management & Investment Services (WMIS) client accounts and products of various types and sizes established by clients for various purposes. Accountable for setting up securities, general account and asset level maintenance with some level of supervision. Responsibilities have various levels of risk correlating to the type and size of account or product. Effectively and accurately coordinate, manage and complete multiple duties and assignments concurrently and within acceptable timelines. Understands and achieves established Service Level Agreements. Accountable for compliance with established department policies and procedures.
Basic Qualifications
- Associate's degree, or equivalent work experience OR
- High school diploma or equivalent and two or more years of relevant experience
Preferred Skills/Experience
- Basic understanding of regulatory and accounting principles which directly affect Wealth Management & Investment Services business lines and clients
- Ability to quickly learn custody operational functions, systems, procedures, various products and/or services, for assigned area(s)
- Ability to multitask and meet established deadlines in a dynamic work environment
- Demonstrated analytical, problem-solving, decision-making, and organizational skills
- Effective customer relations, interpersonal, and verbal and written communication skills
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
  • This role has multiple levels, open to candidates with MINIMUM 2+YEARS OF EXPERIENCE. The successful candidate will be hired for the level of the position that aligns with their experience. Please note that the salary range provided corresponds to the lowest level of the position posted.
  • This role is Hybrid (3+ days) in office from one of the posting locations

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: $21.25 - $28.32

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.


What U.S. Bank employees say

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About U.S. Bank

Sourced by ZipRecruiter

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

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