Trust Officer
11 hours ago
Job Summary:
A Trust Officer is a key banking professional responsible for servicing trusts and investments. This role requires a relationship-based approach, where customers can span generations, and involves servicing both private and corporate trust accounts.
Qualifications and Responsibilities:
- Bachelor's degree or equivalent is required, while a JD and/or Masters degree is preferred.
- Minimum 5-7 years of relevant trust administration experience is necessary.
- Strong teamwork and collaboration skills are required, with the ability to work with internal partners.
- Professional certifications such as CTFA, CFP, CFA, CES, or equivalent are highly valued.
- Trust investment knowledge and/or experience with brokerage and/or delivery of trust services through alternative channels is an asset.
Key Responsibilities:
- Responsible for trust account servicing, including ongoing account reviews, discretionary distribution reviews, relationship building with advisors, clients, and attorneys, and assisting in researching legal issues.
- Actively participate in Trust Administrative Sub-Committee meetings.
- Perform administrative account reviews annually.
- Accountable for servicing and retention of existing accounts.
- Supervise and monitor new account establishment and funding.
- Work with advisors, internal trust team, attorneys, accountants, and family members to ensure timely and accurate estate settlement.
- Coordinate preparation of trust tax returns and agency letters with an accountant, address coding and other issues impacting preparation of returns, and assist in the development of new policies and procedures to address improvements and changes.
- Lead and/or participate in projects as a subject matter authority.
About GPAC:
GPAC is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are dedicated to delivering the right solutions at the right time.
We are an Equal Opportunity Employer:
We are committed to providing equal employment opportunities to all applicants and employees without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.
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