Trust Officer- Sioux Falls

CorTrust Bank•Sioux Falls, SD

About The Position

CorTrust Bank is seeking a full-time Trust Officer in its Sioux Falls community. The Trust Officer supports Wealth Management business objectives by administering trust accounts and supporting trust officers and staff in managing client relationships and accounts in accordance with governing instruments and applicable state and federal laws. The role includes account setup and maintenance, documentation and reporting, processing fiduciary transactions, supporting clients, and assisting with departmental marketing efforts. The ideal candidate can manage multiple projects with little supervision, adapt to changes, and demonstrate critical thinking, integrity, diplomacy, and respect. Knowledge of fiduciary laws and regulations is a plus but is not required; some finance-industry education or experience is preferred. CorTrust describes a family-oriented atmosphere focused on building strong teams, employee well-being, and opportunities for growth. The bank offers a competitive compensation package and a stable work environment.

Requirements

Ability to perform the primary duties with little supervision while managing multiple projects simultaneously.
Ability to adapt to changes in systems, processes, products, and services.
Ability to reason, solve problems, and think critically.
Demonstrated integrity, personal diplomacy, and respect.
Ability and willingness to comply with company policies and procedures and applicable Trust laws and regulations.

Nice To Haves

Knowledge of laws and regulations governing the administration of trust, estate, and other fiduciary accounts.
Some education or experience in the finance industry.

Responsibilities

Administer trust accounts, including account setup and maintenance.
Prepare and review trust documentation, reports, account reviews, and correspondence for accuracy and compliance.
Provide backup and cross-team support for functions throughout the Wealth Management division.
Assist Trust and Wealth Management departments with marketing strategies, including seminars and presentations for bank employees, individuals, corporations, and prospective clients.
Complete other assigned duties, responsibilities, and activities.
Collaborate with internal and external contacts to ensure trust account activity—including deposits, distributions, wire transfers, DDA transfers, and receipts—is processed accurately and promptly under governing documents, policies, and applicable laws and regulations.
Review and interpret governing instruments and documents to determine the corporate trustee’s terms, responsibilities, and duties under the supervision of senior Trust staff.
Maintain knowledge of products and services and of changes to laws and regulations governing trust, estate, and other fiduciary accounts.
Respond to calls, emails, and in-person inquiries from prospective and existing principals, beneficiaries, and related parties.
Assist the Trust department and clients with problem resolution and account maintenance concerning account performance, tax and estate planning, and personal financial goals.