National IRA Product Manager - Personal Trust - Full-time
Place of work
Kansas City
Job details
Job description, work day and responsibilities
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**
This role provides national support for IRA product (Traditional, Roth, Inherited) administration conducted by Trust Officers within the Personal Trust Division.
• *_Position Highlights_**
+ Drafting IRA procedures, forms and governing agreements, job aids and controls
+ Tracking changes in law / regulations
+ Monitoring new IRAs and contributions to IRAs for business line compliance with established procedures
+ Reviewing specialty assets that are not publicly traded (such as real estate and promissory notes) for account acceptance
+ Preparing presentations and reporting to governance committees
+ Responding to OCC/audit/compliance testing and lead risk remediation Role includes testing and approving RightBRIDGE software releases
+ Providing additional support to account opening units, investment/portfolio management professionals
• *_Basic Qualifications_**
+ Ten or more years of related experience
+ Two or more years of managerial experience
• *_Preferred Skills and Qualifications_**
+ ** Managerial experience NOT required**
+ Subject matter expertise in IRA administration required, including RMD and prohibited transactions, applicable IRS, OCC and Department of Labor regulations
+ System knowledge of SEI/SWP and RightBRIDGE is preferred
+ Large Bank / OCC regulated entity experience preferred
+ Extensive knowledge of federal, state and local laws and regulations
+ Comprehensive knowledge of the products, policies, operations and procedures related to the business unit
+ Strong organization, analytical and project management skills
+ Strong planning, implementation and negotiation skills
+ Effective interpersonal, verbal and communication skills
+ Strong leadership and management skills
+ Proficient computer skills, especially Microsoft Office application
• *_Hybrid/flexible schedule_**
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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
• *Benefits:**
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 law
• *EEO is the Law**
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, ****** orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal **KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)** EEO poster.
• *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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .
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: $133,365.00 - $156,+00.00 - $172,5+0.00
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 1+ 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.
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**
This role provides national support for IRA product (Traditional, Roth, Inherited) administration conducted by Trust Officers within the Personal Trust Division.
• *_Position Highlights_**
+ Drafting IRA procedures, forms and governing agreements, job aids and controls
+ Tracking changes in law / regulations
+ Monitoring new IRAs and contributions to IRAs for business line compliance with established procedures
+ Reviewing specialty assets that are not publicly traded (such as real estate and promissory notes) for account acceptance
+ Preparing presentations and reporting to governance committees
+ Responding to OCC/audit/compliance testing and lead risk remediation Role includes testing and approving RightBRIDGE software releases
+ Providing additional support to account opening units, investment/portfolio management professionals
• *_Basic Qualifications_**
+ Ten or more years of related experience
+ Two or more years of managerial experience
• *_Preferred Skills and Qualifications_**
+ ** Managerial experience NOT required**
+ Subject matter expertise in IRA administration required, including RMD and prohibited transactions, applicable IRS, OCC and Department of Labor regulations
+ System knowledge of SEI/SWP and RightBRIDGE is preferred
+ Large Bank / OCC regulated entity experience preferred
+ Extensive knowledge of federal, state and local laws and regulations
+ Comprehensive knowledge of the products, policies, operations and procedures related to the business unit
+ Strong organization, analytical and project management skills
+ Strong planning, implementation and negotiation skills
+ Effective interpersonal, verbal and communication skills
+ Strong leadership and management skills
+ Proficient computer skills, especially Microsoft Office application
• *_Hybrid/flexible schedule_**
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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
• *Benefits:**
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 law
• *EEO is the Law**
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, ****** orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal **KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)** EEO poster.
• *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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .
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: $133,365.00 - $156,+00.00 - $172,5+0.00
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 1+ 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.
Company address
You will be redirected to another website to apply.
Offer ID: #1053680,
Published: 2 days ago,
Company registered: 7 months ago
