Associate Trust Officer

Position Description 

Associate Trust Officer

Identifying Information:

• Department: Wealth
• Reports To: David Hopper, Vice President Trust Officer 
• Status: Full-Time Salaried Non-Exempt
• Location: LCNB Main Office, 2 N. Broadway St. Lebanon, OH 45036
• Hours: 8 am – 5 pm, Monday – Friday

Position Purpose:

LCNB National Bank is seeking an Associate Trust Officer that will assist in and support all aspects of Trust Administration by working closely with all members of the Wealth Management team. The incumbent will provide administrative support to Trust Officers, with the goal of ensuring that every potential and existing client has a positive experience and that established relationships are fostered and preserved over time.

 Essential Duties and Responsibilities: 

• Assist Trust Officers with asset transfers and new account documentation
• Prepare Trust Committee meeting reports & packet that include agenda, pipeline recap, administrative reviews, new and closed accounts, and discretionary distributions
• Complete all trust terminations by obtaining necessary approvals and preparing all required documents including Notices of Proposed Distribution, Consent & Releases, and Asset Receipts 
• Prepare Annuity/Safe Harbor recalculations 
• Responsible for calculation, communication, and processing of required minimum distributions
• Participate in Real Estate Committee and conduct real estate reviews
• Participate in the Client Experience Committee
• Assist Compliance Officer with audit requests
• Maintain accurate client account files
• Track recurring distributions and process approvals for discretionary distributions
• Ensure bill payment requests and distributions are processed correctly
• Prepare medallion signature guarantees and notarizations
• Support court accountings
• Maintain irrevocable life insurance trust files
• Conduct IRA reviews
• Additional duties as assigned 

Qualifications/Education/Experience:

• Bachelor’s degree or currently pursuing (preferred)
• Experience in a client-facing role (required)
• Trust Administration or Financial Services experience (preferred)

Competencies/Skills

• Prioritize tasks and work both independently or as part of a team
• Ability to relate to and engage with clients of diverse backgrounds and experiences
• Client-focused and models professional, genuine demeanor
• Strong written and verbal communication skills with ability to effectively communicate with clients and other associates, as well as with third-party agencies
• Effectively manage multiple priorities 
• Proactive problem-solver
• Flexible and adaptable to change
• Self-motivated
• Exceptional accuracy and attention to detail
• High integrity and dependability
• Basic to intermediate proficiency in Microsoft Office
• Ability to think, reason, and communicate clearly

Working Conditions:

• Ability to remain in a stationary position up to 75% of the time.
• Ability to lift and carry up to 10 lbs.
• Occasionally move/traverse to access files and equipment.
• Constantly operates a computer and other office equipment.

Compliance Statement:

The associate is responsible for meeting all compliance requirements imposed on LCNB National Bank by State and Federal law and regulations, as well as all related LCNB National Bank policies and procedures.  Incumbent must be able to perform the essential functions of the position with or without reasonable accommodation. Equal Opportunity Employer/Disability/Veterans.