Trust Administrator

Hancock Whitney • Gulfport, MS

1d

About The Position

Provides Trust administration services and support for client relationships within assigned RM team.

Requirements

• At least a high school education
• At least 4 years of administrative support experience, preferably in a financial services environment.
• Basic knowledge of Trust administration and operations.
• Basic understanding of the banking industry.
• Basic understanding of the specific trust discipline (Retirement Plans, Institutional, Corporate trusts, etc.)
• Ability to work under stress and meet deadlines
• Ability to operate a keyboard if required to perform the essential job functions
• Ability to read and interpret a document if required to perform the essential job functions
• Ability to travel if required to perform the essential job functions
• Ability to lift/move/carry approximately 25 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

Nice To Haves

• Bachelor's degree in Business, Finance, or Accounting strongly preferred.
• Prefer 2 years in one or more of the following: Trust Administration, Trust compliance, Employee Benefits, Stock Transfer, Brokerage Operations, and/or Financial Analysis.
• An equivalent combination of education and related experience or training may be considered.

Responsibilities

• Serves as the administrative contact for clients and third party providers in the servicing of client accounts and relationships.
• Performs and/or monitors daily transactions required in the administration of various client relationships and accounts.
• Performs account maintenance on the Trust Accounting system including account opening and closing procedures.
• Independently anticipates and responds to client inquiries and service requests.
• Organizes and maintains files and prepares correspondence and reports as needed.
• Reviews/studies plan documents to gain a full understanding of plan provisions.
• Assists with annual account reviews and prepares monthly Trust Administrative Committee packages.
• Keeps current with all laws and regulations applicable to primary Trust function (i.e. IRS, DOL).
• Consults with Relationship Managers regarding more complex issues.
• Serves as a liaison between Trust Administration and other bank departments.
• May serve as backup to Trust receptionist periodically for vacation, illness, and lunch breaks.
• Attends Trust school and continuing education/training classes.
• All other duties/special projects as assigned.
• Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.

Benefits

• You can grow.
• You have a voice.
• You are important.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED