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Trust Administrator Senior

2 weeks ago

Atlanta, Georgia, United States Arden Trust Company Full time $90,000 - $120,000 per year

Arden Trust Company provides industry-leading personal trust services designed to support families and preserve relationships for generations. As a professional trustee, we offer a depth of experience, technology and resources to handle trusts effectively. Our approach is rooted in fostering a meaningful partnership with the family's wealth management advisor to create a seamless trust experience. Together, we provide families with a holistic approach and specialized expertise, giving them peace of mind in every aspect of their financial lives.

As a Trust Administrator Senior with our company, you will provide daily support to a Trust Officer in administration of a book of Trust Relationships. This role includes direct interaction with grantors, beneficiaries, trustees, attorneys, accountants and other parties as directed by the Trust Officers. Responsibilities also include identifying and escalating potential risk issues, adhering to best practices and established controls to ensure efficiency and manage risk. Additional duties involve assisting with the collection of essential documents, preparing disbursements, performing various trust administration tasks and supporting overall fiduciary management and client relationship administration.

PRIMARY RESPONSIBILITIES:

  • Administers routine trust accounts under the direct guidance of the Trust Officer, ensuring compliance with governing documents, relevant laws, and the needs of the principals, income beneficiaries and remaindermen.
  • Reviews and verifies document analysis to ensure accurate direction; evaluates account completeness and accuracy, processes transactions for approval, and prepares responses to correspondences and client requests in accordance with governing documents, legal requirements and internal policies.
  • Collaborates closely with the Trust Officer to develop solutions for client issues such as special distribution requests, fee concerns and beneficiary disputes.
  • Responds to client and financial advisor inquiries, address administrative and transactional concerns, and supports the implementation and review of strategies.
  • Monitor daily transactions to ensure proper allocation in trust accounting system and tax reporting.
  • Monitor and track tax reporting tasks pertaining to book of accounts.
  • Assists with the collection of data for various projects and reports which affect the broader business and improves efficiency of delivery of service to clients.
  • Actively contributes to the team, providing feedback and best practices.

KNOWLEDGE, SKILLS, AND/OR ABILITIES:

To perform this job successfully, individual should have the following skills and abilities:

  • Strong organizational and communication skills
  • Ability to work independently with minimal supervision
  • Ability to multi-task
  • Working knowledge of Microsoft Office
  • Trust system experience

EDUCATION AND/OR EXPERIENCE

  • Bachelor's degree in business administration or other related discipline or the equivalent combination of education, training, or work experience.
  • 5-7 years' Trust Administration experience.

SUPERVISORY RESPONSIBLITIES: None

PHYSICAL DEMAND: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Ability to sit at a computer for long periods of time in office environment well lit.
  • Ability to lift up to 20 pounds.
  • Must be able to work in the office during scheduled work hours.

OTHER DUTIES: Please note this job description is not designed to cover or contain a complete comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice

INTERNAL APPLICANT POLICY:

Internal applicants must be in good standing and have a minimum of 1 year of service with Kestra. Internal applicants must also have a minimum of 1 year service in current role unless approved by EVP.

BENEFITS:

Full health, vision, dental. 401(k) plans along with a host of voluntary plans such as car insurance, legal services and more (applicable to full time permanent employees).

DISCLOSURE:

By applying to a job at Arden Trust Company ( a subsidiary of Kestra Financial, Inc.), you are agreeing to the following statements:

  • You acknowledge that if hired, Kestra Financial, Inc. may, obtain and use background information concerning your credit, character, general reputation, personal characteristics, work habits, performance and experience for evaluation for your potential employment.
  • It is the policy of Kestra Financial to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, sex, sexual orientation, gender, identity or expression, age, disability, marital status, citizenship, national origin, genetic information, or any other characteristic protected by law. Kestra Financial prohibits any such discrimination or harassment.

KESTRA VALUES:

Our Mission is Powering Financial Independence, enabling the growth and success of investing clients and the advisors who serve them. We do that by living our values: SERVE, MAKE IT HAPPEN, and ONE TEAM.