Trust Operations Specialist
2 weeks ago
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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