Trust Officer - Owensboro, KY

Independence Bank•Owensboro, KY

3d•Onsite

About The Position

The Trust Officer will be responsible for the development, maintenance, and daily administration of a portfolio of trust, trust agency, IRA, and/or estate account relationships. This position will provide high-quality service to customers, manage the development, application, and execution of quality and risk control processes and procedures for accounts, and promote efficient communication and execution between trust officers and trust operations.

Requirements

High School or GED
A minimum of two (2) years of financial management, accounting, or legal experience preferred
Customer service skills
Interpersonal skills
Oral and written communication skills
Detail oriented
Analytical thinking and decision-making skills
Computer skills
Ability to multi-task
Ability to meet deadlines
Sitting (remaining in a seated position) Frequently
Carrying (transporting an object, usually by holding it in the hands or arms or on the shoulder) Occasionally
Keyboarding (entering text or data using computer keyboard or 10-key numeric keyboard) Constantly
Pinching/Gripping (seizing, holding, grasping, turning or otherwise working with the hand(s) or fingers) Occasionally
Speaking (expressing or exchanging ideas by means of the spoken word to impart oral information to customers and to convey detailed spoken instructions accurately, loudly, or quickly) Frequently
Hearing (the ability to hear, understand, and distinguish speech, either in person or telephonically) Frequently
Near Visual Acuity (clarity of vision at approximately 20 inches or less) Constantly

Nice To Haves

Bachelors Degree
Degree in finance, business, economics, accounting, or related field preferred

Responsibilities

Receives and manages contributions for clients and disburses funds from accounts as directed by clients, trust officers or by agreement
Manages and maintains all administrative activities of assigned accounts
Processes distribution requests, incoming bills and wires
Oversees contributions for customers for proper tax and transaction coding
Processes tax payments and returns
Develops and delivers solutions to meet clients’ needs
Maintains working relationships with clients, partners, attorneys, CPAs and other related professionals to ensure quality service
Maintains knowledge of current federal and state trust regulations and tax laws and any changes impacting those regulations and laws
Maintains a working knowledge of income and estate taxation and their impact on individual trust assets
Supports preparation of client information, such as investment performance reports, financial document summaries, or income projections
Supports business development activity, including the enhancement of relationships with existing and potential customers to retain existing business and attract new business
Supervises administrative assistants in all trust administration duties