CLO Deal Administrator Trust Manager - Broadly Syndicated Loans
About The Position
U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services worldwide, operating through 48 domestic and three international offices. They offer trustee, agency, escrow, document custody, and money market issuing services to a diverse global client base. The CLO Deal Administrator Trust Manager leads one or more trust units within the organization, working to achieve unit and divisional objectives. This role involves developing and maintaining unit policies, procedures, and training initiatives, as well as hiring and training staff. The manager is responsible for establishing and monitoring performance goals, coaching employees, and recognizing their achievements. Additionally, the position requires preparing and reviewing management and exception reports, acting as an expert resource for complex problem-solving, and managing the unit's budget to enhance revenue, control costs, and reduce 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
- Incentive and recognition programs
- Equity stock purchase
- Pension
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
5,001-10,000 employees
