Trust Operations Specialist

2 weeks ago


Geneva, Illinois, United States The State Bank of Geneva Full time

Position:

Trust Operations Specialist

Overview:

The State Bank of Geneva is seeking a dedicated Trust Operations Specialist with a solid grasp of fiduciary services.

Key Qualifications:

Essential Skills:

· Exceptional attention to detail.

· Fundamental understanding of trust operations, estate planning, and tax implications.

· Background in fiduciary roles, financial advisory, or estate planning law.

· Proficient in both written and verbal business communication.

· Strong administrative and clerical capabilities.

· Proficient in Microsoft Office Suite (Excel & Word).

Preferred Qualifications:

· Bachelor's degree in business, finance, accounting, or a related field.

Core Responsibilities:

· Execute the duties of a trust administrator, focusing on client communication and service enhancement.

· Engage with trust accounting systems and operational workflows.

· Manage daily account activities including wire transfers, ACH disbursements, and bill payments.

· Oversee the documentation process for account openings and asset transfers.

· Ensure accuracy and completion of transactions.

· Facilitate investment transactions and monitor their progress.

· Calculate required distributions and payments to beneficiaries.

· Coordinate tax-related payment information.

Additional Responsibilities:

· Collaborate with trust officers to review and enhance internal policies and procedures.

· Provide support to trust officers in client service and communication.

Job Type: Full-time

Compensation: $55,000 - $60,000 annually

Benefits Include:

  • 401(k) with matching
  • Dental and health insurance
  • Flexible spending accounts
  • Life and vision insurance
  • Paid time off

Work Schedule:

  • 8-hour shifts
  • Monday to Friday

Education Requirement:

  • Bachelor's degree (Preferred)

Experience Requirement:

  • 1 year in trust, financial advisory, or estate planning (Preferred)

Work Location: In-person



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