Document Custody Associate - Doc Ex 2CategoryBanking OperationsJob Id2026-0014701LocationSaint Paul, MN, United StatesPosting Start Date05/29/2026Anticipated Posting End Date06/09/2026

Document Custody Associate

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 atall from Day One.

The Document Custody Associate serves as a subject matter expert (SME) and functional team lead within Custody Operations, responsible for reviewing loan (or collateral) documents, overseeing document processing activities, and supporting the accuracy and integrity of custodial records. This role operates as a hybrid between hands-on production support and team leadership, providing guidance, accountability, and expertise across workflows.

The associate partners closely with internal and external clients to communicate deficiencies, resolve exceptions, and ensure compliance with custodial agreements. This role requires direct customer interaction, ownership of issue resolution, and the ability to manage complex scenarios while maintaining a high standard of client experience.

As a recognized SME, this individual provides direction, coaching, and quality oversight to others, ensuring work is completed accurately and in alignment with established procedures. The role includes responsibility for decision-making within established guidelines, as well as escalation ownership for complex or high-risk issues. Work is performed with minimal supervision and requires strong judgment, prioritization, and accountability.

Key Responsibilities

• Review complex collateral and loan documentation to ensure compliance with custodial agreements and internal quality standards
• Act as a subject matter expert for certifications, reporting, and exception management, providing guidance and support to team members
• Serve as a functional team lead by coaching, training, and holding peers accountable to production goals and quality expectations
• Proactively identify, research, and resolve document deficiencies and exceptions, including ownership of escalations when appropriate
• Engage directly with internal and external clients to communicate account issues, provide updates, and deliver a high-quality customer experience
• Execute affidavits and certification processes with a high degree of accuracy and ownership
• Support reporting activities for Quality Management Program and Management Production reporting
• Participate in and support complex projects, process improvements, and workflow optimization efforts
• Balance multiple priorities while maintaining attention to detail, accuracy, and timeliness in a production environment

Basic Qualifications

• Typically has an associate's degree or three or more years of related experience

Preferred Skills/Experience

• Mortgage operations or custody operations experience preferred
• Demonstrated subject matter expertise in document custody, exception resolution, or collateral review processes
• Proven ability to provide informal leadership, including coaching, mentoring, and supporting team performance and accountability
• Strong decision-making skills, with the ability to exercise sound judgment and take ownership of escalations and issue resolution
• Ability to deliver a strong client experience by building effective relationships, responding with urgency, and communicating with professionalism and integrity
• Well-developed customer service, written, and verbal communication skills
• Ability to manage multiple priorities and maintain accuracy in a high-volume, detail-oriented environment
• Strong attention to detail and time management skills, including organizing and reviewing complex data and documentation
• Ability to identify issues, interpret data, and implement appropriate solutions within established guidelines
• Proficient in Microsoft Office applications; experience with emBTRUST or similar systems preferred
• Ability to complete repetitive tasks and meet production goals and deadlines

Physical Requirements

• Ability to push, pull, and/or lift 2030 lbs
• Ability to sit and/or stand for extended periods
• Ability to bend or squat and climb step ladders up to 10 feet high

This position is 5 days a week Monday-Friday onsite 8:00am-4:30pm

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:

• 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

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: $24.18 - $32.21

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.