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Custody Operations Jobs in Minnesota (NOW HIRING)

Custody Operations Specialist The Custody Operations Specialist works in a large, quiet vault environment, ensuring the accurate filing, storage, and retrieval of loan documents. This role is highly ...

Custody Operations Specialist

Saint Paul, MN · On-site

$24.18 - $32.21/hr

... 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 ...

This individual will need to have knowledge and experience with custody operations and securities. The contract period for this position is 6 months or more. Responsibilities: * Work on tax relief at ...

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Operations Analyst

Minneapolis, MN · On-site

$65K - $90K/yr

Operations Analyst - Custody Operations (SWP) Hiring detailed Operations Analyst for our Custody Operations team. This role supports banking and advisor client groups through the accurate and timely ...

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This role is ideal for professionals with a background in global custody, tax operations, securities operations, or asset servicing who are experienced handling complex tax documentation and ...

Required Skills & Experience* 1-2 years of relevant experience Experience working on Tax Relief at Source and Tax Reclaim Knowledge/experience with Custody Operations / Securities Operations ...

Custody Operations on SWP. Soft Skills: * Demonstrate effective communication skills * Effectively coordinate, manage and complete multiple duties and assignments concurrently and within acceptable ...

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Global Tax Analyst

Saint Paul, MN · On-site

$43 - $54/hr

Successful candidates will have a background in tax operations, custody services, securities operations, or investment servicing. Job Duties: * Review client eligibility and documentation for reduced ...

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Worked on Tax relief at source and tax reclaim Have knowledge/experience with custody operations/securities etc Contract period is 6 months+ Monday to Friday 8 am to 5 pm Local time Global Tax ...

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Showing results 1-20

Custody Operations information

See Minnesota salary details

$30.9K

$75.7K

$133.7K

How much do custody operations jobs pay per year?

As of Aug 26, 2026, the average yearly pay for custody operations in Minnesota is $75,664.00, according to ZipRecruiter salary data. Most workers in this role earn between $38,700.00 and $100,400.00 per year, depending on experience, location, and employer.

What is custody operations?

Custody operations refer to the processes and activities involved in safeguarding and managing financial assets on behalf of clients, such as institutional investors or individuals. These operations typically include the settlement of trades, safekeeping of securities, asset servicing (like collecting dividends and interest), and ensuring compliance with regulations. Custody operations professionals work at banks or specialized custodians to ensure the accuracy, security, and efficiency of these transactions. Their role is crucial in minimizing risk and providing transparency in financial markets.

What are the key skills and qualifications needed to thrive in custody operations, and why are they important?

To thrive in Custody Operations, you need strong analytical abilities, attention to detail, and a solid understanding of financial markets, often supported by a finance or business degree. Familiarity with custody platforms, reconciliation tools, SWIFT messaging, and knowledge of regulatory frameworks such as SWIFT and ISO 20022 standards are typically required. Excellent organizational skills, problem-solving abilities, and effective communication help professionals manage complex transactions and client relationships. These skills are crucial for ensuring the accurate and secure settlement of assets, compliance with regulations, and high levels of client satisfaction.

What are some common challenges faced in a custody operations role, and how can they be managed effectively?

Professionals in Custody Operations often face challenges such as managing large volumes of transactions, ensuring regulatory compliance, and coordinating with multiple internal and external stakeholders. Attention to detail and strong organizational skills are essential, as errors can have significant financial and reputational impacts. Effective communication and a proactive approach to problem-solving help manage these challenges, while familiarity with evolving regulations ensures accuracy and compliance. Many teams use technology-driven solutions and regular training to streamline processes and minimize risks.

What is the difference between Custody Operations vs Custody Settlement?

AspectCustody OperationsCustody Settlement
Primary FocusManaging daily custody activities, account maintenance, and client inquiriesProcessing and confirming the settlement of securities transactions
Required CredentialsTypically requires securities or finance certifications, such as CFA or equivalentSimilar credentials, often including certifications in securities operations or settlement processes
Work EnvironmentOffice-based, involving coordination with clients, banks, and internal teamsOffice-based, focused on transaction processing and reconciliation
Industry UsageCommonly used in banking, asset management, and custodial firmsPrimarily in securities firms, banks, and clearinghouses

Custody Operations involves managing ongoing custody accounts and client services, while Custody Settlement focuses on the accurate and timely settlement of securities transactions. Both roles require similar skills and certifications but differ in daily responsibilities and focus areas.

What does a custody operations specialist do?

A custody operations specialist manages the processing and settlement of securities transactions, ensuring accurate and timely transfer of assets between parties. They handle account reconciliations, maintain compliance with regulations, and often use specialized custody or settlement software to perform their duties efficiently.

What are popular job titles related to Custody Operations jobs in Minnesota?

For Custody Operations jobs in Minnesota, the most frequently searched job titles are:

Infographic showing various Custody Operations job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 12% Part Time, 1% Temporary, 3% Contract, and 2% Nights. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $75,664 per year, or $36.4 per hour.

Custody Operations Specialist

Minneapolis, MN

Aerotek
Recruiting and Staffing Services • 1 - 5K employees

$20/hr

Contractor

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 26 days ago


Job description

Job Title: Custody Operations SpecialistJob Description

The Custody Operations Specialist works in a large, quiet vault environment, ensuring the accurate filing, storage, and retrieval of loan documents. This role is highly physical and detail-oriented, requiring extensive walking, frequent use of step stools, and continuous interaction with both physical files and computer systems to maintain document integrity and support production needs.

Responsibilities
  • Perform a variety of vault functions, including pulling loan files, returning files to their proper locations, and conducting quality control checks on filing accuracy.
  • Verify that loan files are stored in the correct locations according to established filing standards and organizational systems.
  • Search shelves thoroughly when files are missing, checking the entire shelf and surrounding areas to locate misplaced documents.
  • Use computer systems and search tools to research and track missing files, reviewing where files were last seen and identifying files that arrived at the same time as the missing item.
  • Conduct physical searches for files around the vault, including desks, under desks, carts, and other potential storage areas.
  • Navigate multiple computer systems, databases, and applications to locate, update, and verify file information.
  • Handle document custody tasks in a production-based environment, ensuring timely and accurate processing of files.
  • Apply strong attention to detail and analytical skills to identify filing errors, discrepancies, and potential issues in document organization.
  • Use Microsoft Office tools, especially Excel, to support tracking, reporting, and documentation related to custody operations.
  • Maintain a high level of accuracy while multitasking and managing multiple file requests and research tasks simultaneously.
  • Lift boxes or files weighing up to 30 pounds as needed to support vault operations.
  • Remain on your feet for the majority of the shift, walking extensively throughout the vault to perform daily tasks.
  • Follow established procedures and guidelines for document handling, custody, and vault security.
  • Contribute to a production-focused environment by meeting performance expectations and supporting team workflows.
Essential Skills
  • Basic proficiency in Microsoft Office, with particular emphasis on Microsoft Excel.
  • Experience in a production-based environment where accuracy and efficiency are critical.
  • Excellent verbal, written, and interpersonal communication skills.
  • Strong analytical skills with high attention to detail and accuracy in handling documents and data.
  • Ability to navigate multiple computer systems, applications, and search tools to find and verify information.
  • Ability to multitask effectively while managing multiple file requests and research activities.
  • Capability to lift up to 30 pounds to handle boxes and files in the vault.
  • Ability to remain on your feet and walk for most of the day in a physically active role.
  • Skill in navigating various computer databases to research and track file locations.
Additional Skills & Qualifications
  • Experience with document custody or vault operations.
  • Familiarity with filing systems and organizational structures for large volumes of documents.
  • Comfort working in a production environment with time-sensitive tasks.
  • Proficiency with general computer use and data entry.
  • Ability to use step stools safely to access higher shelves in the vault.
Why Work Here?

You join a team that values accuracy, reliability, and thoroughness in a critical operational function. The environment supports focused, independent work while offering clear processes and expectations. You benefit from a structured schedule, a stable workload, and the opportunity to build strong operational and analytical skills with document management and computer systems.

Work Environment

This role is based in a very large, quiet vault that functions as an office warehouse full of files organized by customer and loan number. You spend most of the day on your feet, walking throughout the vault and occasionally climbing step stools to access higher shelves. The dress code is business casual, and comfortable shoes, including tennis shoes, are appropriate due to the physical nature of the work. You work with computers and various databases in conjunction with physical files to support custody operations. The position follows a weekday schedule, with hours from 7:30 a.m. to 4:00 p.m., Monday through Friday.

Job Type & Location

This is a Contract to Hire position based out of Minneapolis, MN.

Pay and Benefits

The pay range for this position is $20.00 - $20.00/hr.

Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: • Medical, dental & vision • Critical Illness, Accident, and Hospital • 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available • Life Insurance (Voluntary Life & AD&D for the employee and dependents) • Short and long-term disability • Health Spending Account (HSA) • Transportation benefits • Employee Assistance Program • Time Off/Leave (PTO, Vacation or Sick Leave)

Workplace Type

This is a fully onsite position in Minneapolis,MN.

Application Deadline

This position is anticipated to close on Sep 4, 2026.

About Aerotek

Aerotek® Inc. provides staffing and services solutions in manufacturing, logistics, construction, aviation, facilities and maintenance. We provide the expertise, solutions and people required to rise to the challenges of North American industry. Headquartered in Hanover, Md., Aerotek operates a unified network of over 200 offices across North America, supporting more than 18,000 clients each year. Aerotek is an Allegis Group company, the global leader in workforce and business solutions. To learn more, visit: Aerotek.com | 1-888-AEROTEK.

Aerotek offers weekly pay, employee benefits including medical, dental & vision, life insurance, health advocacy and employee assistance programs, a 401(k) plan, and employee discounts.

The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

San Francisco Fair Chance Ordinance:
Pursuant to the San Francisco Fair Chance Ordinance, for all positions located in the city and county of San Francisco, we will consider for employment qualified applicants with arrest and conviction records.

Massachusetts Lie Detector:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Use of Artificial Intelligence (AI):
We may use Artificial Intelligence (AI) to support parts of our hiring process, including sourcing, screening, and evaluating candidates. AI helps assess applications and qualifications, but final decisions are made by our hiring team. By applying, you acknowledge and agree that your application may be reviewed using AI tools.

Company Description

We know that finding work is hard, and finding meaningful work is harder. Aerotek connects 180,000+ light industrial and skilled trades workers with 14,000+ employers each year, helping our workers navigate an evolving labor market and find jobs that meet their goals, skills, and interests. Since 1983, we have provided a variety of career opportunities across North American industry – from short-term assignments at Fortune 500 companies where you can build your skills, to long-term opportunities where you can play a vital role in solving companies’ construction, manufacturing, and maintenance challenges. Our 1,500+ experienced recruiters across 250+ offices work relentlessly to put our workforce in a position to thrive. Let us rise to meet your challenges and put our people-are-everything spirit to the test as your career continues to grow.


Aerotek logo

About Aerotek

Sourced by ZipRecruiter

We know that finding work is hard, and finding meaningful work is harder. Aerotek connects 180,000+ light industrial and skilled trades workers with 14,000+ employers each year, helping our workers navigate an evolving labor market and find jobs that meets their goals, skills and interests. Since 1983, we have provided a variety of career opportunities across North American industry – from short-term assignments at Fortune 500 companies where you can build your skills, to long-term opportunities where you can play a vital role solving for companies’ construction, manufacturing and maintenance challenges. Our 1,500+ experienced recruiters across 250+ offices work relentlessly to put our workforce in a position to thrive. Let us rise to meet your challenges and put our "people are everything" spirit to the test as your career continues to grow.

Industry

Recruiting and staffing services and travel arrangement services

Company size

1,001 - 5,000 Employees

Headquarters location

Hanover, MD, US