U.S. Bancorp

3 days ago

Ascent Family Office Operations Associate - Minneapolis, MN

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 2 hours agoStatus: Live

Job Summary

Support trust and investment account openings by reviewing governing documents and establishing account, payment, and monitoring setups across bank systems. Partner with client teams and internal stakeholders to manage post-opening account maintenance, system updates, and smooth transitions into ongoing servicing. Ensure compliance with trust/fiduciary requirements and regulations while handling portfolio exceptions, risk indicators, and accurate fee and statement coding.

Location: Minneapolis

Workplace: Onsite

Employment Type: Full time

Job Function: Facilities, Workplace & Physical Operations

Seniority: Mid level

Key Responsibilities

•Manage end-to-end opening of banking, new trust, and investment accounts, including documentation review and verification.
•Ensure compliance with governing documents, state statutes, and company policies during account setup and maintenance.
•Process and maintain trust and investment fee setups, updates, and ongoing fee maintenance aligned to account documentation and approvals.
•Complete account recodings and related system updates to support accurate classification, servicing, and reporting workflows.
•Address portfolio exceptions and clear Reg 9s, monitor risk indicators, and escalate issues as needed.

Pay and Benefits

Salary: USD 92,820 - 109,200 annually

Perks:Health InsuranceDentalVisionLife InsuranceLong-term DisabilityParental Leave401kPaid LeavePaid HolidayAdoption Assistance

Key Requirements

•Bachelor’s degree in Finance, Business Administration, or related field (or equivalent experience).
•2+ years’ experience in wealth management, trust, investment, and account opening processes.
•2+ years’ experience in trust administration, investment services, or account management.
•Experience reviewing trust agreements and related fiduciary documents.
•Ability to ensure compliance with governing documents, state statutes, and company policies.

Experience:2+ yearsWealth managementTrust administrationInvestment services

Education:Bachelor's in Finance, Business Administration, or related field

Skills:CommunicationProject managementCrisis managementRisk monitoringCompliance focus

Tech Stack:Trust/investment systemsDigital onboarding platforms

Company Brief

U.S. Bancorp

U.S. Bancorp is the parent company of U.S. Bank, providing consumer, business, and institutional banking services including lending, payments, treasury management, wealth management, and merchant solutions across the United States.

Industry: Banking

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Minneapolis, United States

Founded: 1863

Glassdoor: 3.8

Website LinkedIn Glassdoor

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U.S. Bancorp

3 days ago

Ascent Family Office Operations Associate - Minneapolis, MN

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 2 hours agoStatus: Live

Job Summary

Location: Minneapolis

Workplace: Onsite

Employment Type: Full time

Job Function: Facilities, Workplace & Physical Operations

Seniority: Mid level

Key Responsibilities

•Manage end-to-end opening of banking, new trust, and investment accounts, including documentation review and verification.
•Ensure compliance with governing documents, state statutes, and company policies during account setup and maintenance.
•Process and maintain trust and investment fee setups, updates, and ongoing fee maintenance aligned to account documentation and approvals.
•Complete account recodings and related system updates to support accurate classification, servicing, and reporting workflows.
•Address portfolio exceptions and clear Reg 9s, monitor risk indicators, and escalate issues as needed.

Pay and Benefits

Salary: USD 92,820 - 109,200 annually

Perks:Health InsuranceDentalVisionLife InsuranceLong-term DisabilityParental Leave401kPaid LeavePaid HolidayAdoption Assistance

Key Requirements

•Bachelor’s degree in Finance, Business Administration, or related field (or equivalent experience).
•2+ years’ experience in wealth management, trust, investment, and account opening processes.
•2+ years’ experience in trust administration, investment services, or account management.
•Experience reviewing trust agreements and related fiduciary documents.
•Ability to ensure compliance with governing documents, state statutes, and company policies.

Experience:2+ yearsWealth managementTrust administrationInvestment services

Education:Bachelor's in Finance, Business Administration, or related field

Skills:CommunicationProject managementCrisis managementRisk monitoringCompliance focus

Tech Stack:Trust/investment systemsDigital onboarding platforms

Company Brief

U.S. Bancorp

Industry: Banking

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Minneapolis, United States

Founded: 1863

Glassdoor: 3.8

Website LinkedIn Glassdoor