KPB Trust Analyst

KeyBank • Brooklyn, OH

1d • $52,000 - $80,000 • Hybrid

About The Position

The Trust and Estate Analyst provides trust administration support and fulfills fiduciary responsibilities by providing basic trust administration for Key Private Bank (KPB) clients and their beneficiaries. Working on KPB Specialty Teams and within the relationship management team, the analyst collaborates to attract, retain, and grow client relationships. The role actively manages trust and agency accounts in accordance with established policies and procedures, maintains high professional standards, manages fiduciary risk, and retains and deepens profitable client relationships within an assigned revenue base. The analyst may focus on an area of specialty trust expertise and identifies opportunities to enhance client relationships using proper channel management.

The position is based at 4900 Tiedeman Road, Brooklyn, Ohio, and is categorized as hybrid, with three or more days in the office. The position offers an annual base salary range of $52,000 to $80,000 and eligibility for incentive compensation, which may include production, commission, and/or discretionary incentives. KeyBank describes its workspace approach as prioritizing in-office presence while providing flexible options when roles can be performed effectively in a mobile environment.

Requirements

• At least 3 years of experience working in the financial industry or in other client service roles.
• General knowledge and understanding of fiduciary, financial, and/or investment products and services, or equivalent experience.
• Skills in managing and recording financial transactions related to trust assets in compliance with legal and fiduciary standards.
• Understanding of and ability to apply laws and regulations related to taxation for individuals, trusts, and organizations.
• Ability to oversee the management and distribution of trust assets according to legal documents and fiduciary responsibilities.
• Ability to execute duties with integrity and loyalty when managing assets or interests on behalf of another party.
• Understanding of the legal framework governing the creation, administration, and termination of trusts.
• Ability to take responsibility for decisions, actions, and outcomes in professional and fiduciary roles.
• Ability to demonstrate Key's Values and abide by Key's Code of Conduct.

Nice To Haves

• Bachelor's degree in a business-related field.
• Progress toward or completion of Cannon Trust Schools I, II, and III; equivalent knowledge from other industry training or fiduciary training; or equivalent experience.
• Ability to lead, motivate, and develop teams to achieve organizational objectives effectively.

Responsibilities

• Partner with a Trust and Estate Settlement Officer on assigned fiduciary and agency accounts to administer settlements; may serve as the primary contact for some account relationships.
• Review and maintain client information in the trust accounting system and applicable vendor systems.
• Apply sound fiduciary judgment to trust matters.
• Discover, analyze, and research client transactions and recommend solutions as needed.
• Analyze and interpret legal instruments to determine the bank's duties and responsibilities as Trustee.
• Develop relationships with clients, beneficiaries, and their service providers, including attorneys and accountants, to grow and maintain relationships; this may involve proactive client outreach.
• Build and maintain effective working relationships with team members and partners to ensure high-quality and timely administration of assigned accounts.
• Demonstrate client focus and teamwork toward clients and KeyBank employees, lead by example, and provide backup to other team members.
• Mitigate risk by servicing accounts in compliance with KeyBank policies and procedures and applicable regulatory and legal requirements.
• Comply with KeyBank policies and procedures, act professionally and ethically, avoid conflicts of interest, and act in the best interests of Key's clients and Key.
• Perform other duties as assigned; duties, responsibilities, and activities may change or new ones may be assigned at any time with or without notice.

Benefits

• Eligible for incentive compensation, which may include production, commission, and/or discretionary incentives.
• Eligible for a list of benefits referenced in the job posting; specific benefits are not listed.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level