Manager III, Trust and Custody Operations
About The Position
This role will provide supervision for daily Operations activities. Manage risks associated with processing a large daily volume of client cash and/or investment transactions. Be a resource for department associates as well as business partners for industry and system expertise. Ensure staff is properly developed to carry out their daily responsibilities and effectively service business partners. Interact with associates through formal and informal means to develop a productive, engaged work force. Develop, enforce, and monitor controls which reduce risk to the organization and comply with laws and regulations. Provide a high level of expertise to business partners and help them provide TUCE to UMB customers. All day to day operations associated with the business unit, resource planning and deployment and skill set requirements. Hiring, developing, managing direct report associates, including compensation recommendations and disciplinary actions if needed. Other duties as assigned.
Requirements
- Eight to Ten (8-10) years of financial services industry experience operations
- Experience with banking and/or custody systems
- Bachelor’s degree
- Four to Five (4-5) years of management experience
- Demonstrates ability to communicate clearly with coworkers, managers, and business partners, both verbally and in writing
- Demonstrates ability to actively lead team activities or work initiatives
- Demonstrates ability to be detail oriented, and ensure work produced is of high quality
- Demonstrates ability to effectively manage a team of up to 12 individuals
- Demonstrates ability to effectively participate in business partner meetings
- Demonstrates ability to make sound decisions in a fast-paced environment
- Demonstrates advanced problem-solving and analytical skills
Nice To Haves
- High level of Global Plus or Transtar knowledge
- Effectively develop and execute innovative ideas
- Highly knowledgeable in multiple areas of Custody and/or Corporate Trust
Responsibilities
- Provide supervision for daily Operations activities.
- Manage risks associated with processing a large daily volume of client cash and/or investment transactions.
- Be a resource for department associates as well as business partners for industry and system expertise.
- Ensure staff is properly developed to carry out their daily responsibilities and effectively service business partners.
- Interact with associates through formal and informal means to develop a productive, engaged work force.
- Develop, enforce, and monitor controls which reduce risk to the organization and comply with laws and regulations.
- Provide a high level of expertise to business partners and help them provide TUCE to UMB customers.
- Manage all day to day operations associated with the business unit, resource planning and deployment and skill set requirements.
- Hiring, developing, managing direct report associates, including compensation recommendations and disciplinary actions if needed.
- Other duties as assigned.
Benefits
- Paid Time Off
- a 401(k) matching program
- annual incentive pay
- paid holidays
- a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- health savings, flexible spending, and dependent care accounts
- adoption assistance
- an employee assistance program
- fitness reimbursement
- tuition reimbursement
- an associate wellbeing program
- an associate emergency fund
- various associate banking benefits
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What This Job Offers
Job Type
Full-time
Career Level
Manager
