Trust Account Asset Transfer Manager

 

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

 
Directly and through staff, manages and coordinates the transfer of client accounts and assets via the Automated Customer Account Transfer Service (ACATS), an industry utility that helps automate account transfers between financial institutions.  Also directly and through staff, manages and coordinates the transfer of open ended mutual funds by working with fund companies, the National Securities Clearing Corporation (NSCC), and third party vendors. Ensures quality service and effective securities operations activities for all supported internal and external customers.  Accomplishes results through the effective management of staff that may range from lower level non-exempt through exempt level professionals. Administers corporate policies and procedures and ensures compliance with applicable laws and regulations. Participates in the preparation of the department's budget, and is accountable for managing expenses and actively contributing to the achievement of department net income goals. Proactively manages operational risks associated with span of responsibility, including the identification of control gaps and the design of operational controls to mitigate risks and financial exposure to the organization. Participates in the review and recommendation of operational systems and procedures affecting assigned units, and coordinating system conversions from an operations perspective.
 

Qualifications

 
Basic Qualifications
- Bachelor's degree in accounting or finance, or equivalent work experience
- Three to five years of experience in trust and securities operational functions
- Three to five years of management experience
 
Preferred Skills/Experience
- Thorough knowledge of trust and securities operational functions, systems, procedures, products and services
- Thorough knowledge and understanding of legal, regulatory and accounting principles which directly affect Wealth Management & Securities Services business lines and clients
- Well-developed analytical, problem-solving, organizational and project management skills
- Effective interpersonal, verbal and written communication skills
- Excellent supervisory and management skills, including a well-developed knowledge of human resources
- Ability to manage multiple, unrelated tasks
 

Job

Operations

Primary Location

Wisconsin-WI-Milwaukee

Shift

1st - Daytime

Travel

No

Average Hours Per Week

40