Corporate Trust Associate

BOK Financial•Addison, TX

6d•Onsite

About The Position

BOK Financial is a leading financial services organization offering comprehensive banking, investment, and wealth management solutions across multiple markets. We focus on long-term performance, strong risk management, and delivering reliable financial expertise to the clients and communities we serve. Our regional strength and diversified business model allow us to grow strategically while maintaining stability and consistency. We remain committed to providing high-quality financial services that support the evolving needs of individuals, businesses, and institutions. The Corporate Trust Associate is primarily responsible for managing and overseeing the services delivered to Corporate Trust Clients. Also serves as a backup in the Corporate Trust Administrator’s absence. This includes interaction with clients, private label vendor, attorneys, underwriters, financial advisors, accountants, auditors, and consultants as well as Bank Administrative and Trust Operations personnel. The Trust Associate analyzes, develops and implements solutions for complex account and departmental problems and issues. Works under limited supervision. Our team is built on collaboration, integrity, and a shared commitment to client success. We foster an environment of continuous learning and proactive communication, empowering each member to contribute expertise and drive innovation. Together, we take pride in delivering exceptional results and making a meaningful impact for our clients and communities.

Requirements

Bachelors degree and 2-3 years related experience or 8-9 years related work experience in Corporate Trust Services, trust, legal or investment environment.
Thorough knowledge of accounting practices and principles in order to effectively evaluate problems with trust statement activity and complex spreadsheets associated with private label vendor information.
Good understanding of the Municipal Bond business and Escrow Accounts; General Obligation Bond requirements and IRS Regulations and applicable SEC rules and regulations covering Continuing Disclosure and Dissemination.
Thorough knowledge of compliance reporting and styles, as well as the basics of escrow account administration and distribution.
Very thorough knowledge of PC, including knowledge of word processing and spreadsheet applications, trust recordkeeping system, web based system utilized by clients.
Ability to design complex spreadsheets for application within the department and for use with clients.
Very good oral, written and communication skills, including interpersonal skills.
Good presentation skills including presenting in front of a group.
Ability to analyze complex information and data in order to develop and recommend solutions in challenging projects.
Ability to work independently with little supervision.

Responsibilities

Analyze complex client account issues, research root causes, recommend solutions, and implement effective resolutions.
Serve as a liaison between Trust Operations and clients, ensuring clear communication throughout issue resolution.
Collaborate with clients, vendors, auditors, attorneys, underwriters, financial advisors, and accountants on account maintenance and problem-solving.
Plan and execute the setup of new Corporate Trust issues, coordinating asset delivery, issue data, fees, and compliance requirements.
Review legal and supporting documentation and prepare written communications outlining issuer payment and compliance obligations.
Manage General Obligation bond issues by tracking payments, amortization schedules, invoices, and distributing funds to bondholders.
Establish and administer escrow accounts, oversee transactions and investments, close accounts, and provide backup support to the Corporate Trust Administrator.