Trust Operations Specialist
1 week ago
An exciting opportunity has become available for a professional services firm based in Delaware, USA. After a continuously successful period of growth, the company is expanding its team by looking to hire a Trust Administrator.
Job Summary: The Trust Administrator plays a crucial role in managing trusts in accordance with governing documents such as trust agreements, wills, or court orders.
Key Responsibilities:
- Administer trusts per governing documents and legal requirements, ensuring accurate information flow and compliance.
- Collaborate with departments to ensure timely and accurate information exchange.
- Manage compliance with internal and external regulations, including Patriot Act requirements.
- Gather, review, and organize trust documentation, setting up trust accounts and handling banking and brokerage needs.
- Process investment transactions and distribution requests, ensuring timely payments of trust expenses and sending required beneficiary notices.
- Record trust transactions and resolve internal queries, conducting annual reviews of trusts and assisting with invoicing and payment collection.
- Provide professional, prompt responses to client inquiries, maintaining knowledge of legal, tax, and investment developments affecting client accounts.
Requirements:
- Bachelor's degree required; additional certifications (e.g., Paralegal, CTFA) are a plus.
- Minimum three years of legal or trust administration experience, with strong organizational, communication, and analytical skills.
- Proficiency in Microsoft Office and trust accounting software, with excellent time management abilities.
- A detail-oriented individual with strong document management skills and excellent client service focus.
Estimated Salary Range: $60,000 - $80,000 per year, depending on experience.
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