Corporate Trust Specialist

About the role

The Corporate Trust Specialist role supports our Corporate Trust team by acting as the main point of contact for our clients and ensuring we deliver the unparalleled customer experience. This role will provide highly complex support to an assigned group of clients in the distressed debt space that is a specialty niche clientele, unique and specialized from the Corporate Trust Relationship Manager III level. These clients are some of the largest trustee clients with the most complex needs and will require resolving the most complex administrative issues and providing support to senior level client staff.

Responsibilities

• Supports an assigned group of clients in the distressed debt space with administrative issues.
• Collaborates with internal groups across UMB’s Corporate Trust teams to ensure accounts are set up on all systems correctly and in a timely manner.
• Reviews transaction structures and legal documents to ensure operational mechanics are appropriate.
• Provides customized department-wide training, instruction, and technical development.
• Handles default/workout clients as well as other complex clients.
• Supports existing institutional/corporate trust accounts by handling billing for administrative fees, facilitating transaction closings, handling cash and investment transactions, providing debt service calculations, accurately setting up issues on all systems, preparing accounts for compliance review, reviewing legal documents, and collaborating with the corporate legal team to ensure operational mechanics are appropriate and negotiating document provisions.

Requirements

This position requires a bachelor’s degree or equivalent work experience and at least 7 years of relevant experience.

Qualifications

• Bachelor’s degree or equivalent work experience
• At least 7 years of relevant experience

Skills

Strong organizational skills, attention to detail, and excellent communication and problem-solving abilities are essential. Experience with financial services and trust administration is preferred.

Benefits

Umb offers competitive and varied benefits to eligible associates, including Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company-sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Pay

$98,208 - $144,705

Schedule

N/A