WM Trust Officer 3

About the role

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.

Responsibilities

• Administer fiduciary and investment management accounts
• Manage risk and ensure compliance with governing documents, state statutes, and U.S. Bank policies
• Service and retain existing accounts
• Handle relationship management and product specialty tasks (e.g., IRAs, Charitable/Philanthropic Accounts, ILITs, Estates)
• Work collaboratively within a team of experts, handling tasks based on complexity
• Meet 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

Skills

• 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
• Understanding of 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 written communication skills
• Well-developed customer service/relations skills
• Working towards a Professional Designation such as a CTFA or a CFP

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

Pay

Pay Range: $86,310.00 - $105,490.00