Trust Administration Officer I

1 week ago


Wilmington, Delaware, United States City National Bank Full time
About the Role

We are seeking a highly skilled and detail-oriented Trust Administration Officer I to join our team at City National Bank. As a Trust Administration Officer I, you will be responsible for administering personal trust accounts, including testamentary and inter vivos trusts, foundations, and agency accounts, in accordance with the terms specified in the trust instrument.

Key Responsibilities
  • Administer personal trust accounts, including opening and maintaining estates, trusts, agency accounts, and guardianships.
  • Review and revise paperwork from sales teams, including agreements, fee schedules, transfer proxies, and receipt of assets.
  • Analyze anticipated income to ensure sufficient cash is maintained to meet beneficiary distributions, bank fees, and trust bills.
  • Obtain missing documents from clients and initiate annual administrative review of accounts.
  • Produce and review various tax reports for clients and intermediaries, including research and payment of tax deficiency notices.
  • Coordinate setup, tracking, and monitoring of personal property inventory, including real estate, mineral, oil and gas, intellectual properties, and special financial assets.
  • Provide client service by responding to client and colleague inquiries by phone, email, and written communications.
Requirements
  • Bachelor's degree or equivalent.
  • Minimum 3 years of experience in personal trust required.
  • Minimum 3 years of experience in a financial services organization required.
  • Minimum 3 years of administrative/clerical experience required.
  • Strong written and verbal communications skills.
  • Ability to gather, arrange, compile, interpret, analyze, summarize, and evaluate information and data to identify opportunities and formulate conclusions and recommended actions.
About City National Bank

City National Bank is an equal opportunity employer committed to diversity and inclusion. We strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.



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