Business Line Regulatory Review Representative

U.S. Bank • Saint Paul, MN

6d • Hybrid

About The Position

The Fiduciary Review Group (FRG) Administrative Review team is hiring a Business Line Regulatory Review Representative to complete initial and periodic administrative reviews for Personal Trust accounts, including agency, custody, IRA, revocable and irrevocable trusts, and estate accounts. The role ensures compliance and mitigates risk by confirming account coding, documentation, fees, and administration are consistent with governing document provisions, internal policies and procedures, and applicable laws and regulations.

The representative serves as the primary consultant and resource for assigned regions and branches, collaborating with internal partners to answer questions and remediate issues identified during reviews. The role also supports reviewer consistency, risk escalation, training, mentoring, team initiatives, and special projects at the direction of the FRG Team Leader.

Requirements

• Bachelor’s degree or equivalent work experience.
• Typically eight or more years of experience in regulatory compliance activities.

Nice To Haves

• Understanding of trust and estate administration principles and processes.
• Understanding of personal trust account types, including revocable and irrevocable trusts, charitable trusts, special or supplemental needs trusts, estates or administrative trusts, agencies, and IRAs.
• Working knowledge of Microsoft Office products and trust administration tools, including SEI/SWP, Nexus, Advantage Fee, and SEI Compliance Services.
• Typically eight or more years of experience in trust administration, estate planning, regulatory compliance, or similar roles.

Responsibilities

• Complete initial and periodic administrative reviews for Personal Trust accounts, including agency, custody, IRA, revocable and irrevocable trusts, and estate accounts.
• Confirm account coding, documentation, fees, and administration align with governing document provisions, internal policies and procedures, and applicable laws and regulations.
• Serve as the primary consultant and resource for assigned regions and branches.
• Collaborate with internal partners to address questions and remediate issues identified during the administrative review process.
• Communicate proactively with review team members and internal partners to ensure consistency.
• Identify potential risks and escalate them for discussion or resolution as appropriate.
• Create and present training materials for reviewers.
• Serve as a subject matter expert on assigned topics.
• Serve as a primary mentor or co-mentor for new team members.
• Assist with team initiatives, including periodic communications, management reporting development, and other initiatives.
• Participate in special projects at the direction of the FRG Team Leader.

Benefits

• Healthcare coverage, including medical, dental, and 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 of 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
• Incentive and recognition programs.
• Equity stock purchase.

What This Job Offers

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