Trust Manager

U.S. Bank • Boston, MA

1d • $98,280 - $120,120

About The Position

U.S. Bank Global Corporate Trust Services is one of the largest providers of corporate trust services worldwide. Through 48 domestic offices and three international offices, we deliver trustee, agency, escrow, document custody, and money market issuing services to a diverse global client base.

The CLO Deal Administrator Trust Manager leads a trust unit or units within the organization and acts to meet unit and divisional objectives. This leader will develop and maintain unit policies, procedures, and training initiatives, hire and train staff, establish and monitor performance goals, coach employees, and recognize and reward performance results. The role prepares and reviews management and exception reports, serves as an expert resource for complex problem solving, and manages the unit budget by increasing revenue, controlling costs, and reducing expenses.

Requirements

• Bachelor's degree, or equivalent work experience
• Five or more years of experience in banking operations, sales, compliance/law, accounting, and/or customer service
• Minimum one year of management experience

Nice To Haves

• Thorough knowledge of the Trust division, its products, processes, and related bank and regulatory regulations
• Ability to effectively manage less complex Trust unit functions in operations, processes, analysis, and compliance
• Strong management skills to include planning, budgeting, and people management
• Excellent written and verbal communication skills
• Sound analytical and problem-solving skills

Responsibilities

• Leads a trust unit or units within the organization and acts to meet unit and divisional objectives.
• Develops and maintains unit policies, procedures, and training initiatives.
• Hires and trains staff.
• Establishes and monitors performance goals.
• Coaches employees, and recognizes and rewards performance results.
• Prepares and reviews management and exception reports.
• Serves as an expert resource for complex problem solving.
• Manages the unit budget by increasing revenue, controlling costs, and reducing expenses.

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: Manager