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CLO Deal Admin Trust Manager- Private Credit

CLO Deal Admin Trust Manager- Private Credit

U.S. BancorpChicago, IL, US
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Job Title

Leads a trust unit or units within the organization and acts to meet unit and divisional objectives. Develops and maintains unit policies, procedures, and training initiatives. Hires and trains staff, establishes and monitors performance goals, coaches employees, and recognizes and rewards performance results. Prepares and reviews management and exception reports. Serves as an expert resource for complex problem solving. Manages the unit budget by increasing revenue, controlling costs, and reducing expenses.

Basic Qualifications : Bachelor's degree, or equivalent work experience. Five or more years of experience in banking operations, sales, compliance / law, accounting, and / or customer service. Minimum one year of management experience.

Preferred Skills / Experience : Thorough knowledge of the Trust division, its products, processes, and related bank and regulatory regulations. Ability to effectively manage less complex Trust unit functions in operations, processes, analysis, and compliance. Strong management skills to include planning, budgeting, and people management. Excellent written and verbal communication skills. Sound analytical and problem-solving skills.

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.

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

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.

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.

Pay Range : $98,345.00 - $115,700.00

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Trust Manager • Chicago, IL, US