Corporate Trust Default Relationship Manager

at  US Bank National Association

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.

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.

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.

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.

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 la