Denver, Colorado
Full time
JR103158
About the Role:
The Distributions Manager - Columbia Private Trust is responsible for managing all aspects of the firm's outgoing distributions, transfers, and rollover activity. Responsible for maintaining efficient operations, quality of service, and compliance standards across multiple asset and client @types. Processing activities include cash transfers, asset transfers, rollovers, recharacterizations, and beneficiary processing. The primary goal of the team is to ensure compliant, accurate, and timely processing of client distribution and transfer out requests. Responsible for the day to day leadership of the team, including mentoring and coaching in a challenging and ever-changing work environment. Ensure all team related goals related to operational excellence and client service are met or exceeded. Work collaboratively with multiple internal and external partners and proactively pursue alternative ways to gain efficiencies related to cash and securities processing activities.
Train and/or oversee the training of staff in all areas related to re-registration, transfers out, and distributions
Delegate tasks and monitor workflow in order to support cross-training efforts to increase productivity
Monitor employee work performance, prepare performance evaluations, and coach employees on performance improvement objectives
Interview, hire, and terminate employees in accordance with established policies and procedures
Maintain departmental desk procedures for each functional area/desk
Coordinate and implement projects and work assignments according to Trust Company and department objectives, policies, expectations, and customer requirements
Act as project lead and/or specialist for projects as assigned
Act as the operational liaison on projects related to re-registration, transfers out, and/or distributions
Ensure special projects are completed and implemented in a timely manner
Recommend and implement changes to, or new, workflows to strengthen and ensure consistent processing
Remain current on new regulations or industry trends that affect team operations
Performs or supervises processing and quality control review of outgoing cash disbursements via check, wire, ACH, and ACATS and outgoing asset distributions
In partnership with internal partners, assist in the development and execution of the team's strategic initiatives
Provide clarity and guidance to the team on how to proceed with escalated issues. Personally address and resolve client escalations as needed
Proactively seeks out and implements efficiencies, changes in procedures, new developments or changes in services or products
Ensures prompt and accurate posting of customer transactions related to team processing
Supervises the required minimum distribution (RMD) process
Assists director in Preparing documentation for audits and regulatory exams
Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities - knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes
Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training
Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description
May be asked to coach, mentor, or train others and teach coursework as subject matter expert
Actively learns, demonstrates, and fosters the Columbia Private Trust corporate culture in all actions and words
Takes personal initiative and is a positive example for others to emulate
Embraces our vision to become "Business Bank of Choice"
May perform other duties as assigned
About You
Formal college-level training/education in business or trust, or equivalent training and experience, required
8 years of experience in Trust Operations, required
3 years of direct leadership experience including leading a team of employees in a financial services environment, required
Certified IRA Services Professional (CISP) and/or Retirement Industry Trust Association (RITA) certified Self Directed IRA Industry Professional (SDIP), preferred
Thorough understanding of departmental provisional/business goals and how they contribute to the Trust Company's business objectives
Knowledge and ability to facilitate complex transactions related to alternative investments
Excellent communication skills with the ability to convey detailed information and instructions clearly, write reports, correspondence and procedures
Effective time and project management skills
In-depth knowledge of the Trust Accounting System, various personal computer operating systems, networking, and software programs
Ability to work effectively in a team environment
Ability to accomplish work assignments under minimal or no supervision and sometimes tight schedules
Well-developed analytical skills
Team leader or supervisory experience
Training and mentoring skills
Interpersonal skills to effectively supervise staff
Occasional travel
The base pay range for this role is $89,000.00 to $127,000.00.
The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.
Primary Location: Ability to work fully onsite at posted location(s).
1801 California Street Suite 800 Denver CO 80202
Our Benefits:
We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Our Commitment to Diversity:
Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: careers@columbiabank.com .
To Staffing and Recruiting Agencies:
Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.
At Columbia Bank, we're redefining what it means to bank and to build a career. As the West's premier banking experience, we combine the strength and scale of a leading financial institution with the heart and mindset of a community bank. With more than 350 locations across eight states, we deliver relationship-based service backed by regional expertise and resources that help families and businesses thrive.
Our culture is built on Do RIGHT , which means:
Relationships: We create authentic connections with customers, colleagues, and communities.
Impact: Every role here makes a meaningful difference in people's lives and local economies.
Growth: We invest in your success with career development, mentorship, and learning opportunities.
Heart: We care deeply about doing what's best for our customers and each other.
Trust: Integrity and transparency guide everything we do.
Why work for Columbia Bank?
A strong, stable financial foundation with over $67 billion in assets and a diverse portfolio that supports flexibility and opportunity.
A culture of belonging and purpose, where your ideas matter and your work has impact.
Competitive benefits and flexibility designed to help you thrive personally and professionally.
Community engagement that matters, from supporting local businesses to empowering youth through financial literacy initiatives.
Ready to Do RIGHT for your career, your community, and your future? Explore opportunities and join Columbia Bank today.
