Posted:
8/14/2024, 5:00:00 PM
Location(s):
New York, New York, United States ⋅ California, United States ⋅ Denver, Colorado, United States ⋅ Saint Paul, Minnesota, United States ⋅ Knoxville, Tennessee, United States ⋅ Illinois, United States ⋅ Pennsylvania, United States ⋅ Texas, United States ⋅ Los Angeles, California, United States ⋅ Ohio, United States ⋅ Massachusetts, United States ⋅ Milwaukee, Wisconsin, United States ⋅ Washington, United States ⋅ Minnesota, United States ⋅ New York, United States ⋅ San Francisco, California, United States ⋅ Georgia, United States ⋅ Kansas City, Missouri, United States ⋅ Oregon, United States ⋅ Missouri, United States ⋅ Chicago, Illinois, United States ⋅ Wisconsin, United States ⋅ Washington, District of Columbia, United States ⋅ Tennessee, United States ⋅ North Carolina, United States ⋅ Charlotte, North Carolina, United States ⋅ Atlanta, Georgia, United States ⋅ Boston, Massachusetts, United States ⋅ Philadelphia, Pennsylvania, United States ⋅ Cincinnati, Ohio, United States ⋅ District of Columbia, United States ⋅ Columbus, Ohio, United States ⋅ Dallas, Texas, United States ⋅ Portland, Oregon, United States ⋅ Colorado, United States ⋅ Seattle, Washington, United States
Experience Level(s):
Mid Level ⋅ Senior
Field(s):
Legal & Compliance
Workplace Type:
Hybrid
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.
This role has multiple levels, open to candidates with a minimum of 5 years of relevant experience. The successful candidate will be hired for the level of the position that aligns with their experience.
U.S. Bank Global Corporate Trust is a leading provider of corporate trust services in the United States and Europe, serving private and public companies, government and tax-exempt entities, and financial services companies. The Global Corporate Trust Default, Dispute and Review Group works closely with counsel to manage a portfolio of defaulted corporate trust accounts, liquidating/litigation trusts, disbursement accounts and other settlement accounts and arrangements.
Our Global Corporate Trust team currently has two Default Relationship Manager positions available.
Key responsibilities may include:
Manage potential exposure collaborating with legal and other professionals as appropriate.
Apply established corporate trust tenets to default and workout scenarios.
Achieve and maintain excellent compliance and audit results.
Successfully retain and generate new business from existing customer relationships.
Provide exceptional service to customers regarding account information, questions, problems, education, or other requests.
Develop and deepen customer relationships to ensure customer satisfaction, retention and identification of repeat and new business opportunities.
Solicit new business from current relationships with market influencers, working closely with new business development staff.
Assist with writing fee proposals based on standard pricing or for unique, non-routine responsibilities.
Contribute appropriately to the business line’s annual revenue plan.
Work on special projects incidental to the position.
Basic Qualifications
Bachelor’s degree, or equivalent work experience
Typically five to seven years of relevant experience
Preferred Skills/Experience
Thorough knowledge of corporate trust and investment instruments
Thorough knowledge of account management, trust operations, and legal regulations
Thorough knowledge of the applicable trust line of business, its products, processes, and related regulations
Ability to develop new business
Effective management skills to include planning, budgeting, and people management
Excellent problem-solving skills and a detail-focus
Ability to communicate quickly with clients to resolve client issues and disputes
Effective interpersonal, verbal and written communication skills
Experience managing distressed corporate trust transactions
A legal background in bankruptcy/restructuring or securitization is a plus
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
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.
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
EEO is the Law
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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
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: $102,340.00 - $120,400.00 - $132,440.00U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.U.S. Bank accepts applications for this position on an ongoing basis.Website: https://www.usbank.com/
Headquarter Location: Minneapolis, Minnesota, United States
Employee Count: 10001+
Year Founded: 1863
Industries: Financial Services