Trust Administrator II
Core
Administer assigned trust accounts, ensuring compliance with governing instruments, state regulations, and company policies while managing distributions and client communications.
Role type
Trust Administrator
Builds
Trust accounts and related financial services
Domain
Financial Services / Trust Administration
Deliverable
client delivery
Required skills
trust administration, state trust compliance regulations, trust products and services, computer operation, word processing, spreadsheet programs, math skills, oral and written communication, problem definition, data collection, organizational skills, time management, independent work, task delegation, multi-tasking, risk rating, suspicious activity reporting, regulatory rulings knowledge
Preferred skills
Certified Trust and Fiduciary Advisor (CTFA)
Technologies
Microsoft Word, Microsoft Excel
Responsibilities
Administer accounts in accordance with governing instruments; contact and correspond with interested parties; maintain client data; coordinate and review preparation of federal and state tax returns for trusts; initiate and assist in funding new accounts; prepare and submit discretionary requests to the TAC committee; perform initial and annual trust reviews; report suspected suspicious activity to the BSA/Compliance Officer; stay current on regulatory rulings and enroll in CE courses.
Seniority
Mid-level, hands-on IC