Senior Trust Officer

Bank of Clarke

  • Pimmit, VA
  • 1 day ago

    Highlights

    Prepare distribution requests • Maintain and apply basic knowledge of income tax and wealth transfer tax systems • Prepare for and participate in Trust Committee meetings • Work tactfully and professionally with account owners, beneficiaries, and other clients • Perform annual regulatory reviews • Open and close accounts • Prepare requests for investment transfers or trades • Prepare and submit court accountings, as required • Work directly with investment advisors to carry out investment objectives • Attend client calls and meetings • Interface with securities operations and investment personnel • Coordinate bill payment • Prepare system reports of financial information; • Assist with regulatory audits • Calculate and collect management fees following approved fee schedules PI6ce72693c9b8-25448-419420675c143e31-5e48-4549-b638-05792d185386 Position Purpose: Responsible for performing client service and administration for an assigned group of trust and investment management clients in a fast-paced corporate fiduciary environment as part of a successful and growing wealth management team.

    Numbers & Facts

    LocationPimmit, VA

    Description

    Position Purpose : Responsible for performing client service and administration for an assigned group of trust and investment management clients in a fast-paced corporate fiduciary environment as part of a successful and growing wealth management team. This is a professional role that includes contribution to growth, profitability, operational efficiency, and best-in-class fiduciary service. This position supports the Northern Virginia, Maryland, and Washington, D.C. market area. An initial training period of up to six months will be conducted in Winchester, Virginia. Hybrid work eligibility will be evaluated upon successful completion of training. What you’ll do: • Administer fiduciary accounts as directed by governing documents • Tend to the daily needs and demands of trust and investment clients and beneficiaries. • Manage tax impacts of investment activities. • Prepare distribution requests • Maintain and apply basic knowledge of income tax and wealth transfer tax systems • Prepare for and participate in Trust Committee meetings • Work tactfully and professionally with account owners, beneficiaries, and other clients • Perform annual regulatory reviews • Open and close accounts • Prepare requests for investment transfers or trades • Prepare and submit court accountings, as required • Work directly with investment advisors to carry out investment objectives • Attend client calls and meetings • Interface with securities operations and investment personnel • Coordinate bill payment • Prepare system reports of financial information; • Assist with regulatory audits • Calculate and collect management fees following approved fee schedules PI6ce72693c9b8-25448-419420675c143e31-5e48-4549-b638-05792d185386

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