Wealth Management - Trust Administrator Albany, NY

Trustco Bank • City of Albany, NY

1d

About The Position

The Trust Administrator is responsible for maintaining and developing client accounts. Administers an account load for a group of Financial Service clients. Performs according to the Bank’s core values to ensure optimum customer experience.

Requirements

• A bachelor’s degree in accounting or finance or equivalent level of education and experience.
• Effective verbal and written communication skills.
• Well organized with the ability to manage multiple tasks and work to time sensitive deadlines.
• Ability to work well independently and in groups.
• Working knowledge with Microsoft Office Programs; Excel and Word.

Nice To Haves

• Master’s degree in business related field

Responsibilities

• Maintains ongoing communication with assigned clients via telephone, email, and mail correspondence.
• Responds to account inquires regarding statements, fees, income levels and cash needs.
• Ensures compliance with regulations and Bank policies and procedures as they pertain to financial services activities.
• Processes bills, evaluates cash balances, estimates taxes, and works with investment managers to raise capital for assigned client load.
• Schedules client meetings to review account performance, answer questions, and update client information.
• Processes account maintenance for all assigned clients.

Benefits

• medical, dental and vision insurance
• a health savings account with an annual employer contribution
• a 401(k)-retirement plan with generous employer match
• paid time off plus 11 paid federal holidays
• training and professional development programs
• tuition reimbursement
• reduced fees and rates on certain loan products

What This Job Offers

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