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Personal Trust Fiduciary Specialist Level IV…
- US Bank (Minneapolis, MN)
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At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
Fiduciary Specialists Level IV Approvers oversee and support the sound operation of U.S. Bank's Personal Trust (PT) business, including Ascent, Private Wealth Management, Select and TAS segments.
Fiduciary Specialist Level IV Approver applies fiduciary knowledge and judgement to:
+ Ensure PT activities are performed in compliance with applicable laws, regulations, policies and procedures, in relation to account activity
+ Recognize fiduciary risk issues and seek appropriate resolution
+ Provide advice and guidance regarding the bank's fiduciary responsibilities
+ Serve as a subject matter expert regarding trust and fiduciary matters
+ Partner with Business, Legal and Risk colleagues to implement changes in response to identified risks, statutory and regulatory changes
In executing the above responsibilities, the Fiduciary Specialist Level IV Approver supports the delivery of high-level client service by acting with responsiveness, diplomacy and tact with both internal & external stakeholders.
Fiduciary Specialists develop and maintain procedures for fiduciary oversight, partner with Risk colleagues to maintain related controls, and provide leadership for customer remediation, audit and regulatory change projects.
Required:
Exhibit knowledge of fiduciary duties and applicable laws, including trust and tax law, estate planning techniques, etc.
6+ years fiduciary experience (administration, law practice, fiduciary advice)
6+ years WM business experience - any level (wealth advisor, tax, account administration, management, sales, etc.)
Preferred:
Advanced degree (e.g., JD, CPA, MBA)
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
+ 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
E-Verify
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
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