Business Owner Consultant - Wealth Management

U.S. Bank • Minneapolis, MN

15d • Hybrid

About The Position

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 GENERAL SUMMARY: The Business Owner Consultant (BOC) is responsible for providing strategic guidance and planning for clients regarding their operating business assets. This role requires expertise in business transactions, including selling, divesting, or merging with another firm, as well as acquiring and raising capital. The BOC leverages investment banking and business brokerage solutions to deliver comprehensive services tailored to the needs of business owners. ESSENTIAL FUNCTIONS: Engage with the Bank’s business owner clients of Wealth Management, Business Banking and Institutional Client Group. Collaborate internally with business client Relationship Managers, Private Wealth Advisors, Ascent Client Advisors, and Market/Regional leaders to provide industry insights and guidance on business transitions, mergers and acquisitions. Serve as a trusted advisor to drive growth and retention of client relationships, aligning Wealth with clients during business transitions and positioning it to secure asset management opportunities following liquidity events. Deepen client relationships by leveraging knowledge of client circumstances and partnering with advisory team members to deliver holistic solutions. Drive interconnectivity across business lines to increase revenue and wallet share from the business-owner clients, enhancing Wealth’s alignment during transitions and improving the likelihood of obtaining Assets Under Management engagements. Serve as a subject matter expert in the area of business transitions, writing topical white papers, working with Marketing on internal/external presentation materials, and speaking to audiences either as a key speaker or panelist at various U.S. Bank sponsored events. This role is hybrid. Team members who are in a hybrid role typically spend three days a week at a U.S. Bank location, while having flexibility on their work location for the other working days.

Requirements

• Bachelor's degree, or equivalent work experience
• Strong relationship management, networking, and business development skills
• Strong communication skills and the ability to simplify complex concepts for audiences with different levels of sophistication
• A passion for problem-solving and acting as a strategic advisor
• Ability to make critical decisions independently and act as a business owner

Nice To Haves

• Professional designations such as CFA, CFP, CPA or FINRA licenses are preferred

Responsibilities

• Engage with the Bank’s business owner clients of Wealth Management, Business Banking and Institutional Client Group.
• Collaborate internally with business client Relationship Managers, Private Wealth Advisors, Ascent Client Advisors, and Market/Regional leaders to provide industry insights and guidance on business transitions, mergers and acquisitions.
• Serve as a trusted advisor to drive growth and retention of client relationships, aligning Wealth with clients during business transitions and positioning it to secure asset management opportunities following liquidity events.
• Deepen client relationships by leveraging knowledge of client circumstances and partnering with advisory team members to deliver holistic solutions.
• Drive interconnectivity across business lines to increase revenue and wallet share from the business-owner clients, enhancing Wealth’s alignment during transitions and improving the likelihood of obtaining Assets Under Management engagements.
• Serve as a subject matter expert in the area of business transitions, writing topical white papers, working with Marketing on internal/external presentation materials, and speaking to audiences either as a key speaker or panelist at various U.S. Bank sponsored events.

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

What This Job Offers

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