This role will lead and provide guidance and direction to an assigned team of Corporate Trust Associate Relationship Managers (ARM) and Relationship Managers (RM). This role will also be able to handle all levels of responsibilities that the RM III, II and I perform in cultivating highly significant customer relationships.
Working in the Corporate Trust group can be fun, challenging, detailed, and very team oriented. We perform at a high level for our clients and believe that relationships both internally and externally are key to UMB’s success. It is an environment where the associates take pride in their work, support each other, provide the resources needed to succeed, and always work as a team. Our team has a strong background in the industry and we are always happy to share our knowledge and help those around us grow!
How you’ll spend your time:
- You will provide 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.
- You will recommend and submit new business for approval from the new business committee made up of the senior leadership team in Corporate Trust.
- You will be 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.
We are excited to talk with you if:
- You have a Bachelor's degree or equivalent work experience
- You have at least seven (7) years of relevant experience
Compensation Ranges:
US Employees in California, Washington DC, New Jersey, and New York:
$83,810 - $131,550
US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin:
$76,520 - $120,210
US Employees in all other states not listed above:
$69,230 - $109,120
The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. 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.
