Job DescriptionU.S. Bank Private Wealth Management (PWM) helps clients identify and achieve their financial objectives. The Private Wealth Management (PWM) Senior Relationship Manager is responsible for building a team of trust, banking and investment professionals around high net worth clients or client relationships. Proactively engages with their assigned relationships to ensure top level service is delivered. Responsible for retention and growth of assigned client relationships. Partners with PWM Product Specialists to provide counsel and expert advice in all areas of PWM (Trust, Private Banking and Investments) to ensure comprehensive financial advice and planning for clients, and fiduciary administration and adherence to compliance requirements. PWM Senior Relationship Managers in this role will be assigned to large revenue generating, complex multi-layered/multi-generational relationships that will require maintaining strong connectivity with external advisors. Relationship Managers will need deep subject matter expertise, tenure in their role to effectively manage the type of relationships that will be in their assigned books of business.
This position requires National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z. You will be subject to the required registration process, which includes a criminal background and credit check. Failure to meet or maintain any of the NMLS registration requirements, including maintaining a satisfactory criminal and credit record, may result in a rescission of your offer or termination of employment.
Basic Qualifications- Bachelor's degree, or equivalent experience
- 10 or more years of related experience interacting with High and Ultra High Net Worth clients
Preferred Skills/Experience- Established network with strong relationship management, networking, and business development skills
- Thorough knowledge of U.S. Bancorp Banking, Trust, and Investment products and services
- Ability to partner with colleagues to identify and service unique clients needs
- Ability to facilitate large scale, multi-generational family meetings and interact with multi-family offices and other client advisors
- Experience profiling clients and formulating customized strategies to address their needs
- Holistic approach to managing client relationships with the ability to organize and prioritize a team of specialists
- Effective communication skills and ability to simplify complex concepts for audiences with different levels of sophistication
- Professional designation such as MBA, JD, CFP, CFA, or CPA is preferred
Benefits:Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $149,515.00 - $175,900.00
Posting may be closed earlier due to high volume of applicants.