Trust Officer
9 hours ago
City National Bank is seeking a skilled Trust Officer to join our team. As a Trust Officer, you will be responsible for administering personal trust accounts, including Special Needs Trusts and Settlement Protection Trusts.
Key Responsibilities:- Administer and interpret fiduciary accounts in accordance with applicable laws and regulations.
- Interact with and provide guidance to Real Property Managers, CPAs, and Trust Counsel.
- Oversee annual administrative review of Trust accounts.
- Analyze anticipated income to ensure sufficient cash is maintained to meet beneficiary distributions.
- Obtain missing documents from clients.
- Produce and review gain/loss reports for clients and intermediaries.
- Gather data for account reconciliations and ensure distribution requirements are met for charitable trusts.
- Work with colleagues to develop investment strategies.
- Oversee distribution of client's assets upon termination of accounts.
- Respond to clients, advisors, and intermediaries regarding the administration and maintenance of accounts.
- Bachelor's Degree or equivalent.
- 5 years of work experience in Trust Administration.
- 5 years of work experience utilizing Microsoft Office, specifically Excel.
- Strong oral and written communication skills.
- Ability to profile clients and retain business.
- Familiarity with applicable Delaware law.
- Demonstrated strategic team player.
- Strong organizational skills.
- Ability to work on multiple tasks/projects simultaneously.
City National Bank offers a competitive salary, bonus, and commission structure, as well as a comprehensive benefits package, including health insurance, retirement plan, and paid time off.
We are an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other basis protected by law.
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