Corporate Trust Manager AVP

Union Bank & Trust Career•Lincoln, NE

15h•Hybrid

About The Position

The Corporate Trust Manager leads the strategic direction, operations, and administration of the Corporate Trust department. The role oversees the delivery of corporate trust, bond, custody, and safekeeping services, with responsibility for team leadership, regulatory compliance, risk management, client service, and operational excellence. The manager fosters accountability, collaboration, and continuous improvement. The position leads and develops team members, ensures appropriate training and compliance with policies and regulations, monitors internal controls, and addresses performance issues. It performs Corporate Trust functions and documentation, including administering accounts, paying debt, investing assets, and monitoring covenant compliance. The manager represents the team in audits and regulatory reviews; develops and implements approved departmental policies, procedures, and programs; and completes final reviews of annual compliance reviews. The role supports business development and client relationships through direct marketing, internal partnerships, and responding to corporate customers and bondholders. It reviews and negotiates new account documents, assesses potential problems and recommends or makes decisions to mitigate risk, and notifies counsel when appropriate. It also participates in investing trust-account funds, department budgeting and planning, and fee collection. The position requires maintaining or acquiring a Certified Corporate Trust Master Certification, completing compliance training, following bank controls and policies, and reporting compliance issues. Other related duties or projects may be assigned. Regular and reliable attendance is essential.

Requirements

Bachelor’s degree in business administration, accounting, finance, or comparable Corporate Trust experience.
At least 5 years of banking, trust, or financial services experience.
Proficiency in Microsoft Word, Excel, and other financial software.
Ability to manage multiple responsibilities.
Regular and reliable attendance.

Nice To Haves

At least 5 years of prior leadership experience.
At least 2 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 and skilled at problem solving.
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 receive training and comply with applicable bank policies, laws, and regulations; monitor internal controls and address performance issues.
Represent the Corporate Trust team during internal and external audits and regulatory reviews.
Perform Corporate Trust functions and execute documentation requirements to administer accounts correctly and efficiently, including debt payments, asset investments, and covenant-compliance monitoring.
Build internal partnerships that support marketing to new clients, revenue generation, and retention of existing accounts.
Lead the development and implementation of approved Corporate Trust policies, procedures, and programs.
Complete final review and verification of annual compliance reviews as required by departmental policies and procedures.
Participate in business development through direct marketing locally and out of state.
Respond to corporate customers' and bondholders' inquiries about bond issues, custody, and safekeeping services.
Serve as a liaison to internal business units to support collaboration, alignment, communication, and operational objectives.
Review, negotiate, and comment on new-account documents to 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 departmental 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.