Manager Trust Administration
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Job Location:
Kansas City, KS - USA
Monthly Salary:
$ 99750 - 214370
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
This rolereportsdirectly to theDirector of Trust Administrationand willprovide leadershipsupervisioncoaching andlong-termtraining for ateamoftrustprofessionalsacross assigned regions or marketswithin the Private Wealth Management organization.TheManagerwill supervise and provideleadershipin connection with thefiduciary administrationofall aspectsof accounts including probate estates conservatorships personal trusts (intervivosand testamentary) custody agency IRA and other assigned accounts.
How you will spend your time:
- Oversee a team of Trust Advisors
- Define measure and report on team key performance indicators
- Manage to a learning and development program to ensure all trust advisors adopt industry best practices and are kept abreast of changing regulations and laws
- Manage the workload of trust advisor associates performing regular capacity planning studies and assigning resources to meet demand
- Manage associate performance across the team
- Manage accounts as assigned
- Designs and implements strategy to improve service delivery to clients
- Provide solution-oriented planning forhigh net worthclients 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.).
- Develops relationships with professionals such as attorneys financial advisors and accountants that enhance business opportunities.
- Ensures compliance with the Banks fiduciary duties in the administration of estate trustIRAand custody accounts according to the directives in the will trust document or investment managementIRAor custody agreement as well as applicable laws statutes regulations and UMB policies and procedures.
- Maintains expertise in UMB policies and procedures state and federal laws and regulations as well as industry regulations.
- Other duties as assigned.
Were excited to talk to you if:
- 10 years oflegal/fiduciaryexperience
- Experience in management and supervisionofprofessionalstaff
- Experience successfully leading and developing subject matter experts.
- Demonstratesstrong knowledgeof state and federal laws and regulations related to financial industry and fiduciary services
- Demonstrates extensive knowledge of Trust andFinancialservices (i.e. investments insurance brokerage private bankingfinancial planningretirement planning)
- Demonstratesexcellentcommunication 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 positivelytactfullyand diplomatically.
- Demonstrates strong risk management analysis and skills
Bonus points if:
- CTFA/CFP Professional Designation
- JD Degree
- Ability totranslate 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 demandsambiguityand rapidchange
- 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
Key Skills
- Office Manager Experience
- Microsoft Office
- Management Experience
- QuickBooks
- Accounting
- Business Management
- Microsoft Powerpoint
- Microsoft Excel
- Operations Management
- Administrative Experience
- Leadership Experience
- Bookkeeping
