Specialty Corporate Trust Associate Relationship Manager - Disbursements

UMB BankSalt Lake City, UT
3d$38,910 - $75,080

About The Position

UMB’s Specialty Corporate Trust team offers a variety of trust services to the structure finance world for aviation, rail and real estate. We work with customers based all across the world to onboard their business and administer the trust transactions. Our team supports UMB by bringing in direct revenue to the bank in the way of fee revenue and interest income. We offer a niche product and service offering and our team is known around the world as one of a few specialty trust departments that can onboard and administer this unique group of products. The SCT Aviation Associate Relationship Manager role supports the Specialty Corporate Trust team by partnering with the Relationship Managers on client support, including new account set-up, account updates, client invoicing, document control, and administrative support. Working in the Specialty Corporate Trust group can be fun and exciting. It is often fast paced and has monthly deadlines that we rally around. It is an environment where the associates take pride in their work, support each other, provide the resources needed to succeed, and always work as a team. Our team has a strong background in the industry and many associates have 10-30 years of experience working these types of deals. We are always happy to share their knowledge and help those around them grow!

Requirements

  • Bachelor’s degree or equivalent work experience
  • 2-4 years relevant experience

Responsibilities

  • You will communicate with customers and confirm order details to make sure the payment instructions are correct and valid, so that disbursements are made in a timely manner.
  • You will use UMB systems & related software to create wire disbursements to follow the payment structure of the governing deal documents.
  • You will review daily reports to ensure that incoming funds are applied to the correct account.

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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