Trust Administrator

Trident Trust•Sioux Falls, SD

About The Position

The Trust Administrator supports Trust Officers with trust administration to help clients achieve and maintain financial success. The role performs investment and fiduciary administrative activities in partnership with and under the oversight of a Trust Officer, ensuring accounts are administered in accordance with state and federal laws.

Requirements

Associate’s degree in business, accounting, finance, legal studies, or another relevant field.
One year of experience in trust administration or other relevant administrative and client-centered work.
Working knowledge of Microsoft Office Suite and Adobe, and willingness to learn new programs.
Basic understanding of trust documents and related fiduciary terms.

Nice To Haves

Bachelor’s degree.
Strong, professional verbal and written communication skills.
Excellent organizational and time-management skills with close attention to detail.
Flexibility and comfort managing a variable workload and several ongoing matters at once.
Ability to learn quickly, take direction, and work both as part of a team and independently.
Ability to work with clients and their representatives to facilitate administrative duties.
Knowledge of account management practices, tasks, and tools.

Responsibilities

Start daily transactions and submit them to the Trust Officer for approval; follow up to ensure accurate processing and advise the Trust Officer of transaction problems and corrective actions.
Assist in keeping all account files up to date.
Prepare annual administration reviews, risk reviews, investment reviews, and other required reviews for Trust Officer approval.
Research matters and provide supporting documentation for Trust Officer review.
Draft forms for discretionary requests, obtain supporting documentation, and upload materials into the appropriate systems.
Draft direction letters.
Prepare account closing and termination packages.
Review new-account paperwork and setups for accuracy, and work with departments, the Trust Officer, and management to resolve deficiencies.
Prepare client risk profiles for the Trust Officer.
Process daily mail for the team.
Assist the Trust Officer in ensuring assets are received and entered into the appropriate systems.