WCIB Chief Fiduciary Officer

Company: U.S. Bank
Location: Minneapolis
Posted on: April 5, 2026

Job Description:

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description U.S. Bank offers Wealth Management and Institutional Trust fiduciary services to our clients through U.S. Bank National Association and several affiliated national bank trust entities. U.S. Bank’s fiduciary products cover the full trust and agency spectrum, including fiduciary trust administration and investment management, investment advisory, directed trustee, trusteed IRA, ERISA trustee, administrative agency, and trust reporting. The WCIB Chief Fiduciary Officer is a named officer for each of the fiduciary trust entities. In addition, this role is responsible for providing holistic oversight for all fiduciary activities within the bank and all of its affiliated entities, including its registered investment advisors. The WCIB Chief Fiduciary Officer will manage a team of risk professionals and regularly interact with senior and executive leadership. Core Job Responsibilities Ensures all fiduciary activities meet compliance, legal, and regulatory requirements. Monitors compliance with all applicable policies and procedures as well as all applicable state and federal banking and trust laws and regulations; partners with the business units, members of the Law Division, and Compliance as appropriate, providing both consultative and directive guidance. Interfaces directly with senior business leaders and the boards of entities exercising fiduciary powers. Responsible for overseeing and consulting on firm-wide risk and fiduciary governance processes. Acts as liaison with audit teams and regulators to facilitate examination of the fiduciary businesses and processes. Ensures relevant, accurate, and clear reporting is provided to effectively identify and address risks and meet fiduciary obligations. Ensures products and processes are consistent across delivery channels as appropriate. Partners with business unit leaders to support strategic business plans to retain clients, grow business and market trust products. Develops internal and external contacts to ensure changes in the industry are monitored, emerging risks are addressed, and market opportunities are identified and evaluated with respect to fiduciary risk. Manage a team of Risk Professionals, and have responsibility for staffing, performance management, prioritizing, guidance and training. Interact regularly with senior and executive leadership and possess advanced relationship and negotiation skills. Qualifications 15 years’ experience within the financial services industry, and at least 10 years of significant trust administration experience. Preferred Skills/Experience Strong knowledge of trust and fiduciary law, including 12 CFR Part 9. Knowledge of ERISA and the Investment Advisers Act of 1940 is also beneficial. Sophisticated understanding of personal trust services, trust administration, wealth management, investment strategies, and fiduciary risk management. Able to act decisively in making solid, informed judgment calls in response to both the technological and critical regulatory environment and the day-to-day business issues. Strong emotional intelligence/maturity and senior level executive presence. Advanced degree and/or certification preferred (JD, CTFA, etc.). Proven leadership and strategic planning skills. Excellent communication and interpersonal abilities. If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants . 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 . U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program . 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: $193,035.00 - $227,100.00 U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies. Posting may be closed earlier due to high volume of applicants.

Keywords: U.S. Bank, Woodbury , WCIB Chief Fiduciary Officer, Accounting, Auditing , Minneapolis, Minnesota