Business Line Regulatory Review Representative

Business Line Regulatory Review Representative

The Fiduciary Review Group (FRG) Administrative Review team is hiring a Business Line Regulatory Review Representative that will:

• 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 escalate 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

Location Expectations

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

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.

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: $ - $