Job Description

As a Trust Officer, you will play a key role in managing trust and fiduciary accounts, providing comprehensive and strategic wealth management solutions for clients. This position is integral to ensuring that client trust accounts are handled with care, professionalism, and attention to detail. You will work closely with clients, beneficiaries, and other professionals to administer trusts in alignment with legal requirements and client objectives.

Key Responsibilities :

• Trust Administration : Manage a portfolio of complex trust accounts, ensuring compliance with regulatory standards and company policies. Oversee daily account activities, including account openings, maintenance, and closures.
• Client Relationship Management : Serve as a primary point of contact for clients and beneficiaries, maintaining strong relationships through regular communication, addressing inquiries, and providing timely updates on trust matters.
• Financial Management : Collaborate with investment advisors to align asset allocations with the trust’s objectives. Monitor trust performance, handle distributions, and prepare reports for clients and beneficiaries.
• Risk Management : Identify and address any risks within the trust accounts, ensuring that all transactions comply with relevant laws and internal guidelines.
• Estate and Wealth Planning : Work with estate planning attorneys and tax advisors to ensure that the trust’s financial strategies align with the client's broader wealth management goals.
• Regulatory Compliance : Ensure that all fiduciary duties are conducted according to the latest federal and state laws, preparing documentation required for audits and reviews.

Qualifications :

• Education : Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. An advanced degree or relevant certification (e.g., CFP, CTFA) is preferred.
• Experience : 3+ years of experience in trust administration, estate planning, or wealth management.

Skills :

• In-depth knowledge of trust administration and fiduciary responsibilities
• Strong interpersonal and communication skills, with the ability to build rapport with clients
• Detail-oriented, with strong analytical and problem-solving capabilities
• Familiarity with relevant legal and regulatory requirements in trust administration

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