Trust Officer

Gpac

Minnesota, MN

JOB DETAILS
SALARY
90000–130000
SKILLS
Accounting, Administrative Skills, Brokerage, Customer Relations, Customer Retention/Renewal, Customer Support/Service, Documentation Review, Employee Retention, Federal Laws and Regulations, Funding, Income Tax, Legal Research, Service Delivery, State Laws and Regulations, Tax Returns, Time Management
LOCATION
Minnesota, MN
POSTED
16 days ago

Trust Officer

This role is for a banking professional to service trusts and investments. This is a relationship-based role, where customers can span literal generations. This role can service private and corporate trust accounts.

Trust Officer Qualifications:

  • Bachelor’s degree or equivalent.
  • 5+ years of relevant trust administration experience.
  • Strong teammate who enjoys collaboration with internal partners
  • CTFA, CFP, CFA, CES, or equivalent preferred
  • Trust investment knowledge and/or experience with brokerage and/or delivery of trust services through alternative channels

Trust Officer Responsibilities:

  • Responsible for trust account servicing, including ongoing account reviews, discretionary distribution reviews, relationship building with advisors, clients, and attorneys, assisting in researching legal issues, knowledge of state and federal statutes governing trust administration, and assisting in interpreting and executing actions as advised by governing documents including Wills, Trusts, Codicils, Amendments, FLP, Contracts, etc.
  • Accountable for servicing and retention of existing accounts.
  • Supervise and monitor new account establishment and funding
  • Work internal trust team, attorneys, and accountants to ensure timely and accurate estate settlement including review documents to assist in figuring out dispositive provisions, review/approve payment of final expenses, a coordinate gathering of material/documents for the final income tax return and estate tax return, assist in settling other asset flow into trust/estate, ensure proper distributions made to beneficiaries, ongoing communication with beneficiaries and advisors, etc.

This bank prides itself on retaining employees and has one of the best tenure backgrounds in the area - a competitive salary and bonus incentive program.

For additional information on this opportunity, please contact Karen Smith karen.smith@gogpac.com

All qualified applicants will receive consideration 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.

GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.

About the Company

G

Gpac

Gpac’s mission is to be the preferred staffing and recruitment solution by effectively delivering and connecting talent with successful companies and organizations.

Our team, with collective experience of over 250 years, is passionate about wh
COMPANY SIZE
100 to 499 employees
INDUSTRY
Staffing/Employment Agencies
FOUNDED
1990
WEBSITE
http://www.gogpac.com/