Senior Trust Officer

Bank of Clarke•Winchester, VA

12d

About The Position

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.

Requirements

Superior verbal and written communication skills
10+ years of experience in the administration of personal trusts
Proficiency with trust accounting principles
Careful reading skills
Strong attention to detail while maintaining timeliness and efficiency
Adherence to policies, procedures, and regulations
High degree of privacy and confidentiality
Willingness to work in a team environment with a helpful attitude

Nice To Haves

Minimum bachelor’s degree with JD and/or CTFA preferred

Responsibilities

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