Corporate Trust Regional Manager
Duties & Responsibilities
This role is responsible for the management, training, coaching and development for assigned region of Corporate Trust Relationship Managers. This role will also serve as Lead Administrator for the largest/key complex accounts, volume and /or client relationship to ensure high quality fiduciary services.
Ensure the prompt and accurate setup of new accounts
Manage and provide guidance and direction to staff
Conduct performance reviews and recommends discipline as needed
Assigns and adjusts staff workloads
Responsible for interviewing, hiring & training
Resolve ALL administrative issues and provide support to any level client staff
Provide guidance to junior staff
Operate independently to service the largest clients and resolve the most complex issues
Provides day to day support to existing institutional/corporate trust accounts including billing for administrative fees, recommending fee increases, facilitating bond closing, handling cash and investment transactions, monitoring cash activities, providing debt service calculations, executing payment generation and follow-up
Recommend and submit new business for approval from the new business committee made up of the senior leadership team in Corporate Trust
Price business based on account structure compared to existing business.
Disseminates financial information to the EMMA system (as required)
Responsible for accurate/timely setup of issues on all systems, preparing accounts for compliance review and responding appropriately to compliance exceptions
Review legal documents to ensure operational mechanics are appropriate
Work with corporate legal, compliance and outside legal counsel to negotiate document provisions
Participate in cross-training to learn other Corporate Trust roles and provide support, as needed
Other duties as assigned
Requirements
MINIMUM:
Bachelor's degree or equivalent work experience
10 years relevant experience
PREFERRED:
Master's Degree
CTMC Certified Corporate Trust Specialist (previously CCTS certification)
Work Environment:
Typical office environment, some travel may be required
Supervision/Management:
Supervise a team of associates including hiring, coaching and development
Compensation Range:
$120,750.00 - $257,250.00
The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In 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?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't 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. You'll 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.
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