About This Role
The Relationship Manager at U.S. Bank serves as a trusted advisor to clients in the mutual fund industry, helping them navigate a complex and dynamic environment. This role focuses on maximizing client retention and expanding product development and services, ensuring clients can concentrate on growing their assets.
Responsibilities
- Maximize client retention and expand U.S. Bancorp Fund Services' product development and services
- Monitor client asset levels and propose fee structure amendments
- Conduct monthly client risk assessments measuring client satisfaction levels for each service line offered by USBFS
- Proactively make recommendations to clients to maintain and increase service levels offered by USBFS
- Research clients' products and existing services to identify sales opportunities
- Coordinate interdepartmental meetings to facilitate open communication among internal personnel to effectively develop strategies and solutions to meet clients' requests
- Maintain open client communication by coordinating and facilitating client tours of USBFS' operations as well as hosting at USBFS' annual client conference
- Review and approve all business line invoices of USBFS and U.S. Bank, N.A. for reasonableness and accuracy
- Prepare and complete transfer agent audit requests and information for SEC Exams
- Review and approve shareholder statements, shareholder applications, regulatory documents, and tax forms
- Assist Senior Relationship Managers with daily responsibilities
Requirements
- Bachelor's degree in business administration or related field, or equivalent experience
- One to two years of experience in a mutual fund related or brokerage industry position
Nice to have:
- Solid knowledge of the financial services industry and an understanding of operations, legal or accounting principles which impacts the mutual fund industry
- Ability to build strong working relationships by promptly responding to client inquiries and understanding clients' priorities while working to ensure ongoing client satisfaction
- Demonstrated effective work habits and organizational skills of prioritizing and planning, with the ability to handle multiple tasks while adapting to changing client priorities
- Well-developed ability to produce high-quality work that is accurate and thorough with attention to detail
- Proven team-oriented skills
- Working knowledge of Microsoft Office products
- Ability to build formula-driven Microsoft Excel spreadsheets
- Flexibility with work hours as required meeting expectations of the client
Benefits
- 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
Important Details
- Work format: hybrid, with an in-office expectation of 3 or more days per week
- Application deadline: not specified
Application Process
- Submit your application through the platform
About the Company
U.S. Bank is a leading financial institution that provides a wide range of financial services to individuals, businesses, and communities. The bank is committed to helping customers make better financial decisions and supporting community growth and success.
