Trust Administrator
Manchester, NH
Due to the continued growth of their Trust Services Group, our client is seeking a full-time experienced Trust Administrator. Reporting to a Trust Officer or Senior Trust Officer, the Trust Administrator works as an integral member of the Trust Services Group team. The Trust Administrator is responsible for the day-to-day administration of trusts and acts on behalf of the Trust Officer, interacting frequently with team members on client management and service issues.
Responsibilities
- Assist Trust Officers by engaging in all facets of administration for assigned trust relationships
- Increasing client satisfaction through proactive account management
- Interpret the governing instrument and applicable law to ensure the proper set-up of account records, including payments, fee schedules and tax records.
- Communicate with beneficiaries and co-trustees to outline administrative procedures
- Opening and closing of trust accounts
- Managing risk by monitoring trust activity and ensuring policy and procedures are followed
- Respond to requests from beneficiaries for discretionary distributions
- Perform additional special projects, as needed
Qualifications
- Preferred 2-4 years trust administration experience
- Works well independently and as part of a team
- Ability to handle multiple competing priorities and organize tasks effectively
- Strong interpersonal, communication (written and oral), organizational and analytical skills are essential
- Interface with trust accounting system, workflow processes and trust operations
- Excellent computer skills; proficiency with Microsoft Word and Excel
Compensation
The salary range for this position is $55,000 – $62,000.
Job Type: Full-time
Salary: $55,000 - $62,000
Date Active: 8.10.2023
Exempt/Not Exempt: Not Exempt