Business Line Regulatory Review Representative

US Bank; Saint Paul (MN); On-site; USD 105,000 - 124,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Vacation & holidays

Adoption assistance

401(k) plan

Sick leave

Job summary

U.S. Bank is seeking an experienced compliance professional to perform initial and periodic reviews of Personal Trust accounts, including agency, custody, IRAs, and estates. You will ensure accuracy, govern documentation, and mitigate risk across assigned regions.

The role also involves mentoring staff, developing training materials, and collaborating with internal partners to address complex issues and support regulatory requirements. Strong MS Office and trust tools experience is preferred.

Qualifications

• Bachelor's degree, or equivalent work experience.
• Typically eight or more years of experience in regulatory compliance activities.
• Understanding of trust/estate administration principles.
• Knowledge of types of personal trust accounts including revocable/irrevocable trusts, estates, agencies, IRAs.
• MS Office and trust administration tools including SEI/SWP, Nexus, Advantage Fee, SEI Compliance Services.

Responsibilities

• Complete initial and periodic administrative reviews of Personal Trust accounts (agency, custody, IRA, revocable/irrevocable trusts, estates).
• Ensure compliance by confirming account coding, documentation, fees, and administration align with governing documents and laws.
• Serve as primary consultant/resource for assigned regions/branches; collaborate with internal partners to resolve issues.
• Communicate proactively with team members and partners to ensure consistency.
• Identify potential risks and elevate for discussion or resolution as appropriate.
• Create and present training materials for reviewers.
• Serve as a subject matter expert on assigned topic(s).
• Mentor/co-mentor new team members.
• Assist with team initiatives and management reporting.
• Participate in special FRG Team Leader directed projects.

Skills

Regulatory compliance

Trust administration

Risk management

Team mentoring

Communication

Education

Bachelor's degree, or equivalent

Tools

MS Office

SEI/SWP

Nexus

Advantage Fee

SEI Compliance Services

Job description

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

• Complete initial and periodic administrative reviews for Personal Trust accounts, including agency, custody, IRA, revocable and irrevocable trusts, and estate accounts.
• Ensure compliance and mitigate risk by confirming account coding, documentation, fees, and administration are consistent with governing document provisions, internal policies and procedures, and applicable laws and regulations.
• Serve as the primary consultant/resource for assigned regions/branches; work collaboratively with internal partners to address questions and remediate issues identified during the administrative review process.
• Communicate proactively with other review team members and internal partners to ensure consistency.
• Identify potential risks and elevate for discussion or resolution as appropriate.
• Create and present training materials for reviewers.
• Serve as a subject matter expert on assigned topic(s).
• Serve as a primary mentor/co-mentor for new team members.
• Assist with team initiatives. These may include contributing to periodic communications, development of management reporting, and other initiatives.
• Participate in special projects at the direction of the FRG Team Leader.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically eight or more years of experience in regulatory compliance activities

Preferred Skills/Experience

• Understanding of trust/estate administration principles and process
• Understanding of various types of personal trust account types, including revocable and irrevocable trusts, charitable trusts, special/supplemental needs trusts, estates/administrative trusts, agencies, and IRAs
• Working knowledge of Microsoft Office products and trust administration tools including SEI/SWP, Nexus, Advantage Fee, and SEI Compliance Services
• Typically eight or more years of experience in trust administration, estate planning, regulatory compliance, or similar roles

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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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.

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: $105,400.00 - $124,000.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including t