Corporate Trust Manager VP

Union Bank & Trust Career•Lincoln, NE

16h•Hybrid

About The Position

The Corporate Trust Manager VP leads the strategic direction, operations, and administration of the Corporate Trust department, ensuring effective delivery of corporate trust, bond, custody, and safekeeping services. The role is responsible for team leadership, regulatory compliance, risk management, client service, and operational excellence while fostering accountability, collaboration, and continuous improvement. The manager leads and develops team members, oversees compliance with bank policies and applicable laws and regulations, and represents the department during audits and regulatory reviews. The role administers trust accounts and documentation, oversees debt payments, asset investments, covenant monitoring, account reviews, and client inquiries, and supports business development, budgeting, planning, and fee collection. The position also develops and implements department policies and procedures, reviews and negotiates account documents, and identifies and mitigates risks. The position requires a Certified Corporate Trust Master Certification or willingness to acquire it. Work is primarily indoors, involves some sedentary work and occasional lifting or carrying up to 25 pounds, and requires some travel. The role is eligible for a hybrid work-from-home opportunity under applicable guidelines after onboarding.

Requirements

Bachelor’s degree in business administration, accounting, finance, or comparable Corporate Trust experience.
At least 8 years of banking, trust, or financial services experience.
Proficiency in Microsoft Word, Excel, and other financial software.
Ability to travel.
Some sedentary work and occasional lifting or carrying of up to 25 pounds.

Nice To Haves

At least 10 years of prior leadership experience.
At least 5 years of Corporate Trust experience.
Certified Corporate Trust Master Certification, or willingness to acquire it.
Highly accurate and detail-oriented.
Effective communicator.
Independent and decisive.
Customer-focused and positive.
Achiever and motivator.
Analytical problem solver.
Able to manage multiple responsibilities.
Team builder who leads positively and promotes the bank’s customer service philosophy.

Responsibilities

Lead, coach, develop, and manage the performance of Corporate Trust team members.
Ensure team members are trained and follow applicable bank policies, laws, regulations, and internal controls; address performance issues as needed.
Represent the Corporate Trust team during internal and external audits and regulatory reviews.
Perform Corporate Trust functions and complete required documentation to administer accounts accurately and efficiently, including debt payments, asset investments, and covenant monitoring.
Develop internal partnerships and support marketing opportunities to acquire clients, generate revenue, and maintain existing accounts.
Lead the development and implementation of approved Corporate Trust department policies, procedures, and programs.
Complete final review and verification of annual compliance reviews as required by department policies and procedures.
Participate in business development through direct marketing locally and out of state.
Respond to corporate customer and bondholder inquiries about bond issues, custody, and safekeeping services.
Serve as a liaison to internal business units to promote collaboration, alignment, communication, and operational excellence.
Review, negotiate, and comment on new account documents to ensure they meet Corporate Trust acceptance requirements.
Analyze current and potential problems and recommend or make decisions to mitigate risk and potential loss; notify counsel when appropriate.
Maintain a Certified Corporate Trust Master Certification.
Participate in investing funds held in trust accounts in accordance with governing documents.
Participate in department budgeting, planning, and fee collection.
Follow bank policies, applicable laws and regulations, compliance training, internal processes, and controls; report compliance issues and violations as required.
Perform other job-related duties or special projects as assigned.
Maintain regular and reliable attendance.