WM Trust Officer 3

U.S. Bank•Minneapolis, MN

28d•$86,310 - $105,490

About The Position

Responsible for the administration, risk management and servicing of assigned fiduciary and investment management accounts. May include Relationship Management responsibilities as well as product specialty knowledge and expertise (such as IRAs, Charitable/Philanthropic Accounts, ILITs, Estates, etc.). Will likely work as part of a team of experts administering accounts where tasks are assigned based on complexity. Accountable for servicing and retention of existing accounts. Administers accounts in a manner which ensures compliance with the governing documents, state statutes and U.S. Bank policies and procedures. Responsible for meeting all corporate and regulatory compliance standards.

Requirements

Bachelor's degree, or equivalent work experience
Five or more years of experience in Trust administration
An advanced degree may be considered towards years of experience

Nice To Haves

Thorough knowledge of estate settlement, income, estate and multi-generational taxation and trusts
Working knowledge of fiduciary law, tax implications and practices in multiple jurisdictions, trust accounting/reporting, and other regulatory compliance requirements
Ability to identify and resolve complex problems with minimal guidance
Ability to manage multiple tasks/projects and deadlines simultaneously
Effective interpersonal, verbal and communication skills
Well-developed customer service/relations skills
Working towards a Professional Designation such as a CTFA or a CFP

Responsibilities

Administer fiduciary and investment management accounts.
Manage risk associated with assigned accounts.
Service assigned accounts.
Potentially manage relationships with clients.
Apply product specialty knowledge and expertise (e.g., IRAs, Charitable/Philanthropic Accounts, ILITs, Estates).
Work as part of a team of experts administering accounts.
Ensure compliance with governing documents, state statutes, and U.S. Bank policies and procedures.
Meet all corporate and regulatory compliance standards.
Service and retain existing accounts.

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
Incentive and recognition programs
Equity stock purchase
Pension