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Trust Fiduciary Group Manager - Sioux Falls, United States - Citigroup Inc
Description
Citicorp Trust South Dakota seeks a Trust Fiduciary Group Manager for its Sioux Falls, South Dakota location.Duties:
Establish new procedures and processes and lead the implementation of initiatives to ensure the efficient and profitable administration of a portfolio of trusts.
Manage implementation of operational improvements, identify and mitigate operational risks and re-engineering procedures to enhance service quality. Ensure that fiduciary documentation adheres to internal guidelines and procedures. Develop strategic initiatives and re-engineering projects. Optimize efficiency of responses to client requests and execution of financial transactions.Review trust administration actions taken on behalf of trust grantors or beneficiaries and resolve client escalations Address issues regarding distributions from trusts, trust tax related issues, trust reporting issues, or concerns regarding trust cash balances and overdraft avoidance.
Review of investments such as special assets, loans, payment of distributions, collection of interest and general income, analysis of account balances, and review of cash balances.
Engage with business and regional stakeholders. Implement changes, identify and mitigate compliance risks pertaining to audits, exams, fiduciary, and documentation obligations. Execute activities related to administration of clients' trusts including the timely delivery of client requests and transactions. Provide the strategic leadership by driving team priorities. Determine staffing requirements, delegate, review, and approve work product. Ensure that firm complies with legal, fiduciary, and documentation requirements governing the countries where operations are conducted.A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.
Requirements:
Requires at least 10 years of experience as Assistant Trust Officer, Trust Officer, Team Leader, Manager or related position involving Trust Administration and operations within the global financial industry.
10 years of experience must include:
Trust Administration; Wealth management and advisory; Cash management reporting; Financial operations; Serving in a client-facing role; Customer service operations; People management; and Process improvement.
Up to 10% domestic travel required. Applicants submit resumes at Please reference Job ID # EO Employer.Wage Range:
$181,085 to $181,085
Job Family Group:
Private Client Product Services
Job Family:
Trust Fiduciary Services
Job Family Group:
Job Family:
Time Type:
Full time
Primary Location:
5800 SOUTH CORPORATE PLACE
Primary Location Full Time Salary Range:
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
Citi offers competitive employee benefits, including:
medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
For additional information regarding Citi employee benefits, please visit Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date:Apr 12, 2024
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.
View the Pay Transparency Posting
