Job Description:
The Trust Administrator is responsible for supporting large relationships/accounts managed by a senior level Trust Administrator and/or actively managing trust, agency or probate accounts in the role of a trustee. He/She may act as the Relationship Manager to assigned clients and effectively interacts with others assigned to the client/relationship team.
Accountabilities:
Under the guidance of the Fiduciary Administrator, responsible for the management of assigned individual customers' accounts
Review and interpret trust documents to ensure compliance with the document's provisions and fiduciary guidelines and laws; review the list of assets in order to determine if any risk management issues exist
Work with Trust Counsel to assure proper documentation and administration decisions
Responsible for enhancing current individual relationships and developing new and profitable business within the Market or in conjunction with New Business Development Representatives
Make professional presentations to clients/prospects
Review requests with Fiduciary Administrator, weigh the specific issues facing the beneficiary and make discretionary decisions to determine the appropriate/alternative action to be taken
Execute and process transactions either initiated by the client or by the Investment Advisor
Execute all account closings and distributions for all accounts
Ensure understanding of overall objectives and requirements
Review with the Fiduciary Administrator the list of assets in order to determine if any risk management issues exist
Oversee the appropriate set-up and administration of assigned accounts
Ensure that accounts are funded as appropriate
Ensure administration schedule is set and maintained
Under the guidance of the Fiduciary Administrator, negotiate and approve fees with clients based on the approved fee schedule
Knowledge and Skills:
Manager's Notes:
Some investment and/or trust experience is definitely preferred.
Top 3 Skills:
Word/Excel
Organized and multi-tasker
Self-starter
please reply to job6702@gmail.com