Ascent Investment Services Associate - Minneapolis, MN

Ascent Investment Services Associate

The Ascent division of U.S. Bank's Wealth Management Group exclusively serves a limited number of ultra-high-net-worth (UHNW) clients with a net worth exceeding $75MM. The Ascent Investment Services Associate serves as the primary service and support resource for the Minneapolis Ascent team. This role supports a fast-growing investment business and requires a background or interest in investments, strong attention to detail, and a demonstrated record of quantified achievements. The Associate works closely with senior members of the Investments team, supporting administrative and regulatory activities.

Working within delegated authority and established department guidelines, the role manages day-to-day client support tasks and transactions, facilitates issue resolution, and escalates items as appropriate. The Associate proactively identifies potential issues or compliance risks to support timely deliverables and a high level of client satisfaction, while developing working knowledge of assigned responsibilities and accounts through ongoing relationship support and execution of standard procedures.

Essential Functions:

• A significant part of the job will involve investment-focused activities including, but not limited to, generating performance reporting and compliance documentation.
• Support client meetings and prepare investment review books (printing, binding, shipping, etc.)
• Coordinate and track private capital subscription documentation and trade advice management.
• Support account opening documentation needs for trust, investment, and banking accounts as directed.
• Coordinate trust check deposits, tax document requests (K1s & 1099s), and statement set-up.
• Must have exceptional Excel, PowerPoint, and other Microsoft Office skills, as well as be competent with technology
• Must have keen attention to detail and be able to communicate clearly in spoken and written word
• Will proactively help the team be responsible for compliance monitoring, track account opening and funding, and will support timely client deliverables
• Executing trades

Experience and Requirements:

Basic Qualifications

• Bachelor's degree or equivalent work experience, OR
• Five or more years of relevant experience

Preferred Skills/Experience

• Excellent verbal, written, and interpersonal communication skills
• Proven customer service and problem-resolution skills
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications
• Sufficient understanding of departmental procedures and systems to operate with minimal supervision
• Wealth management experience working with HNW or UHNW clients, a plus

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

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.

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: $92,820.00 - $109,200.00