Ascent Associate Director, Banking

U.S. Bank • Minneapolis, MN

1d • Hybrid

About The Position

Responsible for developing, managing, and retaining full-service relationships with Ascent private banking clients. As the primary daily contact for these clients, the Associate Director provides advice, counsel, and high-level customer service to meet their financial needs. The role supports standards for managing net portfolio in compliance with banking regulations, policies and procedures, credit quality, and credit policy requirements.

The position shares responsibility with and supports the Ascent Senior Private Banker in soliciting, developing, managing, and retaining client relationships for Wealth Management. It also shares responsibility with the broader Ascent team for delivering a consistent, recognized Ascent client experience. Although the role has a banking focus, the successful applicant must have knowledge of investments, trusts, and finance to support those specialty areas.

This is a hybrid role requiring an average of three days per week in the office. The position requires National Mortgage Licensing System (NMLS) registration under the S.A.F.E. Act of 2008 and Regulation Z. The registration process includes criminal background and credit checks; failure to meet or maintain registration requirements may result in rescission of an offer or termination of employment.

Requirements

• Bachelor's degree or equivalent work experience.
• Five or more years of wealth management experience in the financial services industry (for Fiduciary and Banking Relationship Managers).
• NMLS registration is required under the S.A.F.E. Act of 2008 and Regulation Z, including satisfactory criminal background and credit checks.
• Strong relationship management, sales, networking, and new business development skills.
• Thorough knowledge of Wealth Management products and services.
• Well-developed analytical and problem-solving skills.
• Ability to partner with clients to identify and service unique customer needs.
• Ability to work and make critical decisions independently.
• Excellent presentation, verbal, and written communication skills.
• Knowledge of investments, trusts, and finance.

Responsibilities

• Develop, manage, and retain full-service relationships with Ascent private banking clients.
• Serve as the primary daily contact for clients, providing advice, counsel, and high-level customer service to meet their financial needs.
• Support standards for managing net portfolio in accordance with banking regulations, policies and procedures, credit quality, and credit policy requirements.
• Share responsibility with and support the Ascent Senior Private Banker in soliciting, developing, managing, and retaining Wealth Management client relationships.
• Work with the Ascent team to ensure a consistent and recognized client experience.
• Provide support to investment, trust, and finance specialty areas.

Benefits

• Medical, dental, and vision healthcare coverage.
• Basic term and optional term life insurance.
• Short-term and long-term disability insurance.
• Pregnancy disability and parental leave.
• 401(k) and employer-funded retirement plan.
• Paid vacation of two to five weeks, depending on salary grade and tenure.
• Up to 11 paid holidays.
• Adoption assistance.
• Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
• Incentive and recognition programs.
• Equity stock purchase.
• Pension.

What This Job Offers

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