Trust Officer Job

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Trust Officer
Trust Officer Qualifications:
Bachelor's degree or equivalent.
5-7 years of relevant trust administration experience.
Strong teammate who enjoys collaboration with internal partners
Experience in handling trust relationships for wealthy families.
Good written and oral communication skills.
Ability to prioritize and follow through.
Good analytical and problem-solving skills.
Previous work experience handling trust clients at a trust company or equivalent (law firm, family office group, foundation, bank)
CTFA, CFP, CFA, or equivalent
Trust investment knowledge and/or experience with brokerage and/or delivery of trust services through alternative channels
Trust Officer Responsibilities:
Responsible for trust account servicing, including and ongoing account reviews, discretionary distribution reviews, relationship building with advisors, clients, and attorneys, assist in researching of legal issues, knowledgeable of state and federal statutes governing trust administration, and assist in interpreting and executing of actions as advised by governing documents including Wills, Trusts, Codicils, Amendments, FLP, Contracts, etc.
Actively participate in Trust Administrative Sub-Committee meetings. Perform administrative account reviews annually.
Accountable for servicing and retention of existing accounts.
Supervise and monitor new account establishment and funding
Work with advisors, internal trust team, attorneys, accountants, and family members to ensure timely and accurate estate settlement including: review document to assist in figuring out dispositive provisions, review/approve payment of final expenses, coordinate gathering of material/documents for the final income tax return and estate tax return, assist in settling other asset flow into trust/estate, ensure proper distributions made to beneficiaries, ongoing communication with beneficiaries and advisors, etc.
Coordinate preparation of trust tax returns and Agency letters with accountant, address coding and other issues impacting preparation of returns, assist in the development of new policies and procedures to address improvements and changes, review tax returns for accounts administered, assist other team members to help ensure timely preparation and review of all returns is completed.
Lead and/or participate in projects as a subject matter authority (e.g., IRA development, coordination with Financial Planning, system conversions, team process improvements etc.).
To be considered, please apply with a resume. With any more questions or inquiries about other banking/finance positions, email Nash Wergin at ****
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.
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Job Criteria:
Start Date:
Position Type: Full-Time Permanent
Years of Experience Required:
Education Required:
Overnight Travel:
Vacation Time:

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