Personal Trust Senior Fiduciary Specialist

U.S. Bank • Minneapolis, MN

3d • Onsite

About The Position

The Senior Fiduciary Specialist plays a critical role in overseeing and supporting the sound operation of U.S. Bank’s Personal Trust (PT) business, serving ultra-high net worth (UHNW), high net worth (HNW), and affluent clients. This role is responsible for building, maintaining, and leading fiduciary standards and practices, applying expert fiduciary knowledge and judgment across all relevant relationships and engagements.

Requirements

• Advanced degree (JD, CPA, MBA) or professional certification relevant to role.
• Minimum of 10 years of fiduciary experience (e.g., administration, legal practice, fiduciary advisory).
• Minimum of 10 years of experience in HNW/UHNW wealth management (e.g., wealth advisory, tax, account administration, management, sales).

Nice To Haves

• Experience in senior or executive leadership roles.
• Specialized knowledge of situs jurisdictions (South Dakota, Delaware, Nevada).
• Decisive judgment and problem-solving in complex business scenarios.
• Deep understanding of fiduciary laws, internal procedures, and risk tolerance.
• Sophisticated knowledge of personal trust services.
• Strong communication and collaboration skills across diverse audiences.
• High-level analytical and leadership presence.
• Ability to influence and drive decision-making in challenging situations.

Responsibilities

• Apply fiduciary expertise to ensure PT activities comply with laws, regulations, policies, and procedures.
• Identify and resolve fiduciary risk issues.
• Provide strategic advice and guidance on the bank’s fiduciary responsibilities.
• Serve as a subject matter expert on trust and fiduciary matters.
• Collaborate with Legal, Risk, and Business partners to implement changes driven by risk, statutory, or regulatory developments.
• Lead internal policy, process, and procedure development to manage product risk effectively.
• Support high-level client service delivery with responsiveness, diplomacy, and tact.
• Develop and maintain fiduciary oversight procedures and partner with Risk teams to uphold controls.
• Contribute to customer remediation, audits, and regulatory change initiatives.

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: Senior