Fiduciary Officer

Bangor Savings Bank•Augusta, ME

5d•Onsite

About The Position

Under the direction of the Senior Fiduciary Officer, the Fiduciary Officer is responsible for assisting in the administration of fiduciary relationships (I.e., Trusts, estates, etc.) within Bangor Wealth Management, a division of Bangor Savings Bank. This role includes serving as a resource to Bangor Wealth Management staff, direct client interaction, ensuring compliance with fiduciary laws, and contributing to the strategic goals of Bangor Savings Bank.

Requirements

BA/BS
Strong inter-personal skills
strong written and verbal skills including comfort level for collaborating with teammates and clients
strong analytical and problem solving skills
ability to analyze, comprehend, and interpret legal documents
self-starter
strong computer skills including use of Word, Excel, and PowerPoint
valid driver’s license

Nice To Haves

Legal/Paralegal and accounting professionals are preferred.
CTFA or equivalent designation is desirable.
5+ years of fiduciary and/or trust administrative experience is preferred.
knowledge of trusts, estates, investments, employee benefits, and estate planning is preferred.

Responsibilities

Serve as a resource and support for the Wealth Management Group in the sales and service of trust and fiduciary services.
Ensure compliance with department policies, procedures, and applicable fiduciary laws.
Assist in creating streamline processes and efficiencies for fiduciary and tax tasks within the Wealth Management Group.
Assist in the preparation and presentation of client requests to the Trust Administrative Committee.
Represent Bangor Wealth Management statewide.
Maintain and enhance existing client relationships through regular contact and client satisfaction strategies.
Proactively service and cross-sell client relationships to improve client satisfaction.
Responsible for production and distribution to the Relationship Management Team of necessary tax documents for accounts.
Assist in the facilitation and coordination of paying and reporting real estate taxes, insurance, and other expenses required by trust-owned real estate.
Provide responsive and appropriate financial solutions for relationships referred through internal or external channels.
Work closely with internal partners to deliver appropriate financial solutions to clients.
Conduct routine account maintenance to ensure property administration of accounts from a legal and tax perspective.
Assist in ensuring that the Bank is in compliance with local, state, and federal regulations.
Interact harmoniously and effectively with others, focusing on the attainment of bank goals and objectives through a commitment to teamwork.
Conform to acceptable punctuality/attendance standards as expressed in the Employee Handbook.
Perform additional duties as requested.