Wealth Banking Services Banking Director

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.

JOB DESCRIPTION

Responsible for overall product management, client experience and delivery of the Wealth Banking Service’s private banking operation. Has responsibility for loan portfolio management, regulatory compliance, risk management, process and procedure development, and training as well as product P&L management for the business. Supports business development efforts and ensures objectives and tactics are consistent with overall business strategy.

• Sustain profitability and growth of unit.
• Provide strategic direction and leadership to pursue objectives of unit.
• Create and maintain cost-effective programs for unit.
• Requires National Mortgage Licensing Service (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z and ongoing compliance with all legal or regulatory registration requirements, including, but not limited to maintaining a satisfactory criminal and credit record.
• Actively ensures compliance with the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures. Actively participate in any required corporate and business line training in these areas. Follow account opening procedures and understand and follow internal suspicious activity referral requirements and processes, as required for this position. Actively work with customers to understand each customer’s normal account activity, as appropriate for this position.

Basic Qualifications

• Bachelor’s or master’s degree in accounting, finance, other related field or related work experience
• 10 or more years of banking experience
• Five or more years of managerial experience

Preferred Skills/Experience

• Expert knowledge of unit(s) and relation to industry
• Strong leadership abilities and strategic management skills
• Excellent presentation, verbal and written communication skills
• Strong analytical, decision-making and problem-solving skills
• Considerable tact, diplomacy and people skills

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.

Responsible for overall product management, client experience and delivery of the Wealth Banking Service’s private banking operation. Has responsibility for loan portfolio management, regulatory compliance, risk management, process and procedure development, and training as well as product P&L management for the business. Supports business development efforts and ensures objectives and tactics are consistent with overall business strategy.

• Sustain profitability and growth of unit.
• Provide strategic direction and leadership to pursue objectives of unit.
• Create and maintain cost-effective programs for unit.
• Requires National Mortgage Licensing Service (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z and ongoing compliance with all legal or regulatory registration requirements, including, but not limited to maintaining a satisfactory criminal and credit record.
• Actively ensures compliance with the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures. Actively participate in any required corporate and business line training in these areas. Follow account opening procedures and understand and follow internal suspicious activity referral requirements and processes, as required for this position. Actively work with customers to understand each customer’s normal account activity, as appropriate for this 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