Join us at State Street Bank! Employing nearly 70 employees, we take pride in being a locally owned community bank. WE ARE 26% EMPLOYEE OWNED; and are committed to providing our employees with a satisfying, positive work environment and long term career. The individual assuming this role can count on an energizing opportunity, to help shape and drive the future direction of the Trust Department. **This position may be performed at our affiliate Bank, Better Banks, in Peoria, IL, or in Quincy, IL

GENERAL DESCRIPTION:

The Vice President/Trust Officer will oversee the administration, facilitation, and service coordination and management for trust account clients and beneficiaries; and will directly supervise the trust department, a team of four.

DUTIES & RESPONSIBILITIES:

• Manages the trust department to ensures tasks are completed timely, efficiently, and in conformity with law, regulation, and policy
• Develops and maintains new and existing client relationships both internally and externally
• Serves as primary point of contact for trust clients & their advisors; oversees and manages client trust & agency accounts; and builds and maintains relationships with the client’s financial team by participating in relationship reviews, and delivering fiduciary solutions and advising on fiduciary concerns
• Maintains compliance with all internal policies and procedures, as well as with regulatory & legal requirements
• Ensures safety & soundness of client estate planning and trust documents
• Oversees the management of the administration functions for clients, such as payments, tax filings, disbursements, IRAs, ILIT’s, and other related administrative account functions
• Assists other department members in the management/maintenance of estates, and facilitates sales of property if necessary
• Oversees trust & estate terminations
• Manages, serves as a member, & facilitates trust committee meetings
• Stays abreast of trust and estate regulations, guidelines and practices
• Promotes the Bank within the community by actively participating in events and volunteering in the community
• Performs other duties as assigned

EDUCATION &/OR WORK EXPERIENCE REQUIREMENTS:

• A Bachelor degree in Finance, Accounting, or Business;
• Supervisory experience
• Minimum of 5 years' working in a trust department or trust services field

MENTAL & PHYSICAL REQUIREMENTS:

High level interpersonal skills, ability to have empathy, work under pressure while remaining composed, strong oral & written communication skills

COMPETENCIES:

Familiarity with intermediate concepts, practices and procedures within the Trust field; strong trust advisory focus, proficiency in Microsoft Office products, familiarity with advanced principles of taxes and banking is helpful, customer service, presentation skills, attention to detail, time management, ability to prioritize and organize, and problem solving/analysis

Job Type: Full-time

Benefits:

• 401(k)
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Schedule:

• Monday to Friday
• Weekends as needed

Supplemental pay types:

• Bonus opportunities

Education:

• Bachelor's (Required)

Experience:

• Trust Services: 5 years (Required)

Work Location: In person