Trust Officer Sr

UMB Bank•Rockford, IL

About The Position

Build long-term client relationships and enhances existing relationships through quality customer service, including anticipating client needs, clear communications, effective client meetings and meeting client service level standards. Provides proper fiduciary administration for all aspects of assigned accounts, including probate estates, conservatorships, personal trusts (inter vivos and testamentary), custody, agency, IRA, and other assigned accounts, handling the most complex situations. Develop, maintain and manage both internal and external relationships to increase revenue from assigned book of accounts through quality client service leading to referrals for new business, upgrades in account status, direct sales and referrals for other bank products and services. Ensures compliance with the Bank's fiduciary duties in the administration of estate, trust, IRA and custody accounts according to the directives in the will, trust document or investment management, IRA or custody agreement as well as applicable laws statutes, regulations, and UMB policies and procedures. Provides solution-oriented planning for clients and coordination of wealth strategy planning goals and objectives. When appropriate, for accounts without an assigned Portfolio Manager, provides investment management services for clients, including assessment of the appropriate risk level for the client or trust, high level investment updates and portfolio advice. Maintains current knowledge of UMB policies and procedures, state and federal laws and regulations. Other duties as assigned.

Requirements

College degree
10 years of technical trust and planning experience
Certified Trust and Financial Advisor (CTFA) or Certified Financial Planner (CFP) designation
Demonstrates successful ability to sell; competitive and results oriented
Demonstrates Investment knowledge and understanding
Demonstrates extensive knowledge of Trust and Bank products and services (i.e., investments, insurance, brokerage, private banking, retirement planning)
Demonstrates proven problem solving, dispute resolution and assistance with litigation management
Demonstrates ability to perform highly autonomous decision-making and inform management as needed
Demonstrates ability to maintain current knowledge of company policies and procedures, state and federal laws and regulations
Demonstrates high proficiency in Microsoft Office (Word, Excel, Outlook, etc.)
Demonstrates strong interpersonal skills with an ability to develop and cultivate internal and external relationships

Nice To Haves

One advanced degree relative to financial & estate planning
Juris doctorate
Supervisory experience
Active in community and professional organizations; considered a leader in the community.
Strong organizational and management skills
Highly self-confident with an ability to lead capable and successful individuals in a team environment.

Responsibilities

Build long-term client relationships and enhances existing relationships through quality customer service, including anticipating client needs, clear communications, effective client meetings and meeting client service level standards.
Provides proper fiduciary administration for all aspects of assigned accounts, including probate estates, conservatorships, personal trusts (inter vivos and testamentary), custody, agency, IRA, and other assigned accounts, handling the most complex situations.
Develop, maintain and manage both internal and external relationships to increase revenue from assigned book of accounts through quality client service leading to referrals for new business, upgrades in account status, direct sales and referrals for other bank products and services.
Ensures compliance with the Bank's fiduciary duties in the administration of estate, trust, IRA and custody accounts according to the directives in the will, trust document or investment management, IRA or custody agreement as well as applicable laws statutes, regulations, and UMB policies and procedures.
Provides solution-oriented planning for clients and coordination of wealth strategy planning goals and objectives.
When appropriate, for accounts without an assigned Portfolio Manager, provides investment management services for clients, including assessment of the appropriate risk level for the client or trust, high level investment updates and portfolio advice.
Maintains current knowledge of UMB policies and procedures, state and federal laws and regulations.
Other duties as assigned.

Benefits

Paid Time Off
a 401(k) matching program
annual incentive pay
paid holidays
a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
health savings, flexible spending, and dependent care accounts
adoption assistance
an employee assistance program
fitness reimbursement
tuition reimbursement
an associate wellbeing program
an associate emergency fund
various associate banking benefits