Trust Officer

Burke & Herbert Bank & Trust•Bluefield, WV

14h•Onsite

About The Position

Administer trust under wills, court order or guardianships. Represent the Bank and qualify as executor for the Bank where named. Act as administrator for grantor trusts and retirement accounts.

Requirements

College degree (or equivalent additional related experience) required.
5 - 7 years of progressively responsible experience in a trust related positions.
Familiarity with investments and portfolio management.
Knowledge of the Virginia Code as it relates to trusts and estates.
Working knowledge of word-processing and spreadsheet applications.

Nice To Haves

Professional designation and/or advanced degree preferred.
CTFA preferred.

Responsibilities

Assist in development of new business to include designation of the bank in testamentary documents and as trustee in revocable grantor documents
Provide liaison between investment unit and client
Prepare annual court accountings and respond to inquiries from the various Commissioners of Accounts
Coordinate filing of fiduciary income tax returns. Ensure returns are filed, taxes are paid and refunds are received
Prepare trust, agency and estate receipts and disbursements using Trust Accounting System
Research and solve routine account problems independently
Research and solve more complex account problems with assistance of departmental leadership
Ensure timely mailing of Trust Committee Review and Quality Review letters.
Complies with all policies and procedures as applied to the Bank's BSA/AML policy.
Perform other duties as assigned.