Trust Officer

WNB Financial NA•Winona, MN

2d•Hybrid

About The Position

Directs and coordinates activities relating to creating and administering trust accounts in accordance with terms creating trust, investment agency, wills, estate, and retirement accounts. Manages accounts for which the financial institution acts as the trustee, investment manager, guardian, agent, and as personal representative. Understands and completes job responsibilities in accordance with federal and state compliance regulations.

Requirements

Three years trust administration experience or equivalent required.
Must possess courteous and professional customer service attitude
excellent verbal and written communication skills for interacting professionally with clients (both pleasant and difficult situations) and relating to other co-workers
ability to maintain the integrity of highly confidential client and Bank information.
Must possess strong computer skills, technical ability to input and retrieve computerized information
strong mathematical skills (add, subtract, multiply, divide, fractions, percentages, decimals)
legible handwriting.
Must be able to deal effectively with time pressures and stress that can change hourly depending on level of client activity
effective problem solving and technical research skills.
Must be a self-starter and independent thinker and meet goals as outlined by Vice President Trust Manager.

Nice To Haves

Four-year college degree in accounting, finance, business or equivalent desired.

Responsibilities

Administers Trust Department Accounts
Meets with and prepares written communication to owners/beneficiaries to review client accounts
Reviews account transactions, directs disbursements, allocates income, prepares monthly account reviews
Sets and monitors investment allocations/investment objectives
Provides communication and validation of investment goals/objectives with clients, provide investment performance
Oversees preparation of annual distribution reports for Trust IRA clients
Call on current and prospect clients to help grow Department AUM and accounts.
Confers with vendors, accountants, and attorneys
Nurture, maintain and enhance current relationships with CPAs and Attorneys in the local surroundings for current Clients and possible future business.
Reviews fiduciary tax returns, individual tax returns and client information
Works closely with SEI staff for support/training of Trust System Software and provides training to Trust staff
Oversees Trust Administration Committee (TAC) and Trust Committee of the Board (TCB) meeting preparation
Serves on bank committees as needed and community organizations
Participates in internal and external training and development opportunities as required