Trust Operations/Account Administrator

1 week ago


Muscatine, United States CBI Bank & Trust Full time
Job DescriptionJob DescriptionDescription:

1. Performs a variety of duties to support the bank’s trust function of which the following are illustrative:

a. Performs duties relating to client support by performing the following duties:

1) Coordinates client meetings.

2) Coordinates and prepares presentations for employee and client meetings.

3) Participates in client face-to-face meetings.

b. Administers accounts as illustrated by the following:

1) Reviews and coordinates account liquidity and trading activity on a daily basis.

2) Monitors contributions and distributions on a daily basis.

3) Coordinates account openings and closings.

4) Maintains an understanding of the legal aspects of managing trust accounts.

c. Reviews investment accounts for investment objectives and fiduciary discretion; monitors and analyzes account data and monitors account fees.

d. Reviews incoming trust documents and accounts; reviews discretionary distributions and brings requests to the attention of a Trust Officer; maintains understanding of the trust document; provides assistance to other staff members.

e. Communicates with clients on regular basis to determine needs.

f. Works closely with Trust Officers and Investment Managers to determine and meet client needs.

2. Provides operation’s support as needed.

3. Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of sexual harassment and other forms of illegal discriminatory behavior in the work place.

4. Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the bank’s compliance with all regulatory requirements, i.e. Community Reinvestment (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc;

Requirements:




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