U.S. Bank Private Wealth Management Trust Officer 4 - Minnesota (multiple locations) in Saint Paul, Minnesota
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
Job DescriptionResponsible 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.
This role open to Minneapolis, St. Paul, Rochester, Duluth, or St. Cloud, MN and will be hybrid, in-office/remote (3 days a week in office, 2 days a week remote).
Basic Qualifications - Bachelor's degree, or equivalent work experience - Seven or more years of experience in Trust administration - An advanced degree may be considered towards years of experience
Preferred Skills/Experience - 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
Benefits: Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.
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U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.