Private Wealth Management Trust Associate - Cincinnati, OH

Us Bank; Cincinnati (OH); On-site; USD 43,000 - 52,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability

Paid vacation

Paid holidays

401(k) retirement plan

Adoption assistance

Sick leave

Job summary

U.S. Bank in Cincinnati is seeking an experienced Trust Administrator to provide broad administrative support for clients, working with Trust Administrators to manage accounts where the bank acts as trustee, agent, or custodian.

You will deliver high-level service, analyze data for reports, and assist with regulatory compliance. This role emphasizes risk monitoring, identifying potential issues, and protecting client relationships.

Qualifications

• High school diploma or equivalent required.
• Five+ years of client servicing experience or educational equivalent.

Responsibilities

• Provides a broad variety of administrative support services for clients with Trust Administrators.
• Participates in efficient administration of trust accounts for assigned client base where the bank is trustee, agent or custodian.
• Provides high level customer service to clients and beneficiaries relating to these accounts.
• Collects and interprets data to produce reports; conducts special projects; and composes correspondence as needed.
• Assists in ensuring compliance with legal requirements and monitors risk within designated authority levels.
• Works to identify potential problems, compliance issues, or fraud to maximize client satisfaction and retention.

Skills

Client servicing

Investment analysis

Verbal and written communication

Analytical skills

Fiduciary regulations

Trust administration

Microsoft Office

Education

High school diploma or equivalent

Tools

Microsoft Office (Word/Excel/PowerPoint)

CRM software

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

Provides a broad variety of administrative support services for our clients in conjunction with the Trust Administrators. Participates in the efficient administration of trust accounts for assigned client base where the bank is acting as trustee, agent or custodian. Provides high level customer service to clients and beneficiaries relating to these accounts. May collect and interpret data to produce reports; conduct or participate in special projects; and compose correspondence and other documentation as needed. Assists in the administration of accounts in a manner that ensures compliance with legal requirements and monitors risk within designated authority levels. Works proactively to identify potential problems, compliance issues, or fraud to maximize client satisfaction and encourage retention and expansion of client relationship.

Basic Qualifications

• - High school diploma or equivalent
• - Five or more years of client servicing experience or educational equivalent

Preferred Skills/Experience

• - Advanced knowledge of products, services and solutions applicable to target market segment
• - Extensive knowledge of and experience in personal trust administration, fiduciary regulations, and trust services
• - In-depth level of knowledge of fiduciary services and compliance/regulatory reporting
• - Thorough knowledge of operations area and responsibilities
• - Strong analytical skills with emphasis in investment analysis and instruments
• - Strong verbal and written communication skills
• - Excellent client servicing skills
• - Proficient computer navigation skills using a variety of software packages including Microsoft Office applications such as Word, Excel and PowerPoint

Location expectations

This role requires working from a U.S. Bank location three (3) or more days per week

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:

• 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

Review our full benefits available by employment status here.

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. 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: $30.76 - 37.60

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 the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

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.