Trust Managing Director

U.S. Bank • Chicago, IL

1d • $159,970 - $188,200 • Onsite

About The Position

Responsible for oversight and management of the administration, risk management and relationship management of fiduciary and investment accounts for two or more teams of four to eight Trust Administrators. Serves as a resource/coach to their Trust Administrators and addresses escalated issues. Primary attributes include the diplomacy and disposition to coordinate multiple parties of interest, including beneficiaries, relationship managers, attorneys, accountants and advisors. Provides expert fiduciary advice, demonstrates document interpretation acumen as well as knowledge and application of relevant trust law. Must possess the force of personality and leadership ability to be regarded as a senior fiduciary expert and problem resolution resource for her/his teams. Performs human resources duties such as reviews, hiring and discipline. Responsible for meeting all corporate and regulatory compliance standards.

Requirements

• Bachelor's degree, or equivalent experience
• Advanced degree or applicable professional designation such as CTFA or CFP
• 12 or more years of experience in financial services, with an emphasis on trust servicing and/or administration
• Five or more years in a leadership or management role

Nice To Haves

• Extensive knowledge of the Trust services unit and division, its products, processes, and related bank and regulatory regulations and fiduciary responsibilities
• Excellent written and verbal communication skills for use to both internal and external groups
• Strong management skills to include planning, budgeting, and people management
• Excellent analytical and problem-solving skills

Responsibilities

• Oversight and management of the administration, risk management and relationship management of fiduciary and investment accounts for two or more teams of four to eight Trust Administrators.
• Serves as a resource/coach to their Trust Administrators and addresses escalated issues.
• Provides expert fiduciary advice, demonstrates document interpretation acumen as well as knowledge and application of relevant trust law.
• Performs human resources duties such as reviews, hiring and discipline.
• Responsible for meeting all corporate and regulatory compliance standards.

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