CLO Deal Admin Trust Manager - Private Credit

U.S. Bank • Boston, MA

2d • 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 Leads a trust unit or units within the organization and acts to meet unit and divisional objectives. Develops and maintains unit policies, procedures, and training initiatives. Hires and trains staff, establishes and monitors performance goals, coaches employees, and recognizes and rewards performance results. Prepares and reviews management and exception reports. Serves as an expert resource for complex problem solving. Manages the unit budget by increasing revenue, controlling costs, and reducing expenses.

Requirements

• Bachelor's degree, or equivalent work experience
• Five or more years of experience in banking operations, sales, compliance/law, accounting, and/or customer service
• Minimum one year of management experience

Nice To Haves

• Thorough knowledge of the Trust division, its products, processes, and related bank and regulatory regulations
• Ability to effectively manage less complex Trust unit functions in operations, processes, analysis, and compliance
• Strong management skills to include planning, budgeting, and people management
• Excellent written and verbal communication skills
• Sound analytical and problem-solving skills

Responsibilities

• Leads a trust unit or units within the organization and acts to meet unit and divisional objectives.
• Develops and maintains unit policies, procedures, and training initiatives.
• Hires and trains staff, establishes and monitors performance goals, coaches employees, and recognizes and rewards performance results.
• Prepares and reviews management and exception reports.
• Serves as an expert resource for complex problem solving.
• Manages the unit budget by increasing revenue, controlling costs, and reducing expenses.

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
• Number of Employees: 5,001-10,000 employees