Manager Trust Administration
Manager Trust Administration
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$ 99750 - 214370
1 Vacancy
Job Description
This role reports directly to the Director of Trust Administration and will provide leadership supervision coaching and long-term training for a team of trust professionals across assigned regions or markets within the Private Wealth Management organization. The Manager will supervise and provide leadership in connection with the fiduciary administration of all aspects of accounts including probate estates conservatorships personal trusts (inter vivos and testamentary) custody agency IRA and other assigned accounts.
Other responsibilities include:
Design and implement strategy to improve service delivery to clients
Provide solution-oriented planning for high net worth clients including: FLPs LLCs S-Corps C-Corps etc.; Coordination of wealth strategy planning (i.e. gift estate and income tax retirement planning investment planning insurance charitable gifting asset protection planning etc.).
Develop relationships with professionals such as attorneys financial advisors and accountants that enhance business opportunities.
Ensure compliance with the Banks fiduciary duties in the administration of estate trust IRA and custody accounts according to the directives in the will trust document or investment management IRA or custody agreement as well as applicable laws statutes regulations and UMB policies and procedures.
Maintain expertise in UMB policies and procedures state and federal laws and regulations as well as industry regulations.
Manage accounts as assigned.
Travel to functions businesses and client homes in assigned territory
Requirements
MINIMUM:
10 years of legal/fiduciary experience
Experience in management and supervision of professional staff
PREFERRED:
CTFA/CFP Professional Designation
JD Degree
Knowledge & Skills
MINIMUM:
Experience successfully leading and developing subject matter experts.
Demonstrates strong knowledge of state and federal laws and regulations related to financial industry and fiduciary services
Demonstrates extensive knowledge of Trust and Financial services (i.e. investments insurance brokerage private banking financial planning retirement planning)
Demonstrates excellent communication and presentation skills both written and verbal
Demonstrates ability to work with clients and prospects of varied backgrounds and experiences
Demonstrates excellent ability to listen to customer concerns and then address concerns positively tactfully and diplomatically.
Demonstrates strong risk management analysis and skills
Experience building strong internal partnerships with members of an extended team to help deliver business unit success.
PREFERRED:
Ability to translate complex legal and trust issues into understandable terms
Ability to lead influence and partner with both internal and external team members
Ability to adapt to multiple demands ambiguity and rapid change
Active participation on professional and community organizations
Ability to work independently and be a self-starter
Compensation Range:
$99750.00 - $214370.00The posted compensation range on this listing represents UMBs standard for this role but the actual compensation may vary by geographic location experience level and other job-related addition this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information
UMB offers competitive and varied benefits to eligible associates such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical dental vision and other insurance coverage; health savings flexible spending and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more
Youre more than a means to an enda way to help us meet the bottom line. UMB isnt comprised of workers but of people who care about their work one another and their community. Expect more than the status quo. At UMB you can expect more heart. Youll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing no matter what. And expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race color religion sex (including gender pregnancy sexual orientation and gender identity) national origin age disability military service veteran status genetic information or any other status protected by applicable federal state or local law. If you need accommodation for any part of the employment process because of a disability please send an e-mail to to let us know the nature of your request.
If you are a California resident please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
Required Experience:
Manager
Employment Type
Full-Time
