The Private Client Reserve of U.S. Bank offers creative, forward-thinking and timely strategies to help successful individuals and families accomplish their goals. For generations, we've helped our clients realize their dreams by helping them with their goals of growing, managing, protecting and transferring their wealth. We understand that complex wealth issues demand comprehensive solutions. That's why we've assembled teams of experts with a full array of solutions including financial planning, investment management, personal trust administration, private banking, insurance services, legacy and philanthropy. To learn more about The Private Client Reserve and our offerings, please visit our website at: http://privateclientreserve.usbank.com
The Personal Trust Relationship Manager is a Trust Officer with a client facing role on a team of wealth management professionals. The individual selected will be responsible for the efficient administration of trust and estate accounts for a high net worth client base where the bank is acting as trustee, executor, administrator, conservator, guardian, depositor or agent. Our PTRMs provide expert advice and counsel in personal trust products, planning, and services, including high level customer service to customers, attorneys, and beneficiaries. PTRMs administer accounts in a manner that ensures compliance with legal requirements and business line policies and procedures, and is also responsible for developing, managing and retaining an account base of the most significant Wealth Management trust client relationships.
- Responsible for the retention, development and growth of high net worth trust accounts through cultivating strong working relationships with clients and their advisors
- Administers personal trust accounts, ensuring client objectives are met and are consistent with governing documents and fiduciary administration principles and best serve the interests of the beneficiaries. Responsible for day to day administration activities for customer accounts.
- Provides expert financial advice and counsel to clients and prospective clients especially in the areas of personal trust administration and trust & estate planning. Adds value by presenting alternative solutions to complex problems, anticipating possible problems, and taking preventative action.
- Resolves problems brought by principals, beneficiaries and others, such as requests for special distributions, or planning and approving necessary expenditures for care and maintenance.
- Keeps current and educates clients in trust business trends and changes in fiduciary, regulatory, tax, and trust & estate laws, emerging issues, and bank products/services, and advises clients on appropriate strategies.
- Monitors and controls risks in all aspects of account administration.
- 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 participates in any required corporate and business line training in these areas. Follows account opening procedures and understands and follows internal suspicious activity referral requirements and processes, as required for this position. Actively works with customers to understand each customer’s normal account activity, as appropriate for this position.