WCIB Chief Fiduciary Officer

Job Description

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 atall from Day One. U.S. Bank offers Wealth Management and Institutional Trust fiduciary services to our clients through U.S. Bank National Association and several affiliated national bank trust entities. U.S. Bank's fiduciary products cover the full trust and agency spectrum, including fiduciary trust administration and investment management, investment advisory, directed trustee, trusteed IRA, ERISA trustee, administrative agency, and trust reporting. The WCIB Chief Fiduciary Officer is a named officer for each of the fiduciary trust entities. In addition, this role is responsible for providing holistic oversight for all fiduciary activities within the bank and all of its affiliated entities, including its registered investment advisors.

Core Job Responsibilities

• Ensures all fiduciary activities meet compliance, legal, and regulatory requirements. + Monitors compliance with all applicable policies and procedures as well as all applicable state and federal banking and trust laws and regulations; partners with the business units, members of the Law Division, and Compliance as appropriate, providing both consultative and directive guidance. + Interfaces directly with senior business leaders and the boards of entities exercising fiduciary powers. + Responsible for overseeing and consulting on firm-wide risk and fiduciary governance processes. + Acts as liaison with audit teams and regulators to facilitate examination of the fiduciary businesses and processes. + Ensures relevant, accurate, and clear reporting is provided to effectively identify and address risks and meet fiduciary obligations. + Ensures products and processes are consistent across delivery channels as appropriate. + Partners with business unit leaders to support strategic business plans to retain clients, grow business and market trust products. + Develops internal and external contacts to ensure changes in the industry are monitored, emerging risks are addressed, and market opportunities are identified and evaluated with respect to fiduciary risk. + Manage a team of Risk Professionals, and have responsibility for staffing, performance management, prioritizing, guidance and training. + Interact regularly with senior and executive leadership and possess advanced relationship and negotiation skills.

Qualifications

Preferred Skills / Experience

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.

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

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.

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 : $193,035.00 - $227,100.00