2 Jobs in Tarrytown, NY
Midland States Bank is Hiring a Trust Administrator Near Tarrytown, NY
Position SummaryThe Trust Administrator is responsible for servicing and maintaining existing relationships with investment management clients, trust clients, beneficiaries, and other interested parties in partnership with the accounts' designated Trust Officer. In addition, the Trust Administrator may serve as the lead relationship manager on his/her own book of business. This position is an individual contributor role.
Primary Accountabilities
- Collaborates with the Trust Officer to maintain up-to-date information on beneficiaries, and their changing needs and circumstances in order to carry out the Bank’s fiduciary duties and to provide superior client service.
- Recommends appropriate financial products and services tailored to meet clients’ objectives, tax and estate needs, risk tolerance and asset allocations.
- Acts as the primary point of contact or relationship manager for existing book of client accounts.
- Identifies opportunities for additional product cross-sell to existing clients.
- Develops and maintains a referral network of internal and external sources for additional sales opportunities.
- Maintains contact with existing clients, beneficiaries, and referral sources to deliver agreed upon services, address customer inquiries and resolve servicing issues.
- Interprets trust documents and client account agreements with an eye for detail.
- Exercises judgement in processing client requests and make recommendations for fiduciary approvals above specified limits.
- Strictly adheres to compliance and operational risk controls in accordance with Bank and regulatory standards.
- The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed.
- Represents the Bank in community activities and industry organizations to enhance the Bank’s image.
- May require work in a Midland office to ensure collaboration and support of internal and external customers.
- Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
- Other duties as assigned.
- Bachelor's degree or equivalent experience in trust administration.
- 1 years previous experience in trust administration (advanced designations and/or preparatory work or guidance may sometimes be assessed in lieu of experience).
- Understanding of different investment products and allocation strategies for meeting client investment objectives.
- Ability to read and interpret trust and legal documents.
- Demonstrated success working in team environment.
- Ability to meet time constraints without constant supervision.
- Professionalism and courtesy in dealing with customers and bank employees.
- Ability to articulate ideas concisely and work in a dynamic and fast past environment.
- High degree of accuracy with attention to detail required.
- Proficiency with trust accounting systems.
- Strong oral, written, and interpersonal communication skills.
- Strong organization and time management skills.
- Strong attention to detail.
- Ability to work independently and as part of a team.
- Business insight
- Cultivates innovation
- Drives results
- Makes sound decisions
- Being a brand champion
- Collaborates
- Communicates effectively
- Customer focus
- Being Authentic
- Emotional Intelligence
- Self development
- Being flexible and adaptable
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at HR@midlandsb.com .
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
Job Summary
Full Time
$67k-83k (estimate)
05/01/2024
06/26/2024
effinghamstatebank.com
Eugene, OR
<25
Related Companies
The job skills required for Trust Administrator include Accounting, Investment Management, Time Management, Attention to Detail, Interviewing, Interpersonal Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Trust Administrator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Trust Administrator. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Trust Administrator positions, which can be used as a reference in future career path planning. As a Trust Administrator, it can be promoted into senior positions as a Trust Operations Team Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Trust Administrator. You can explore the career advancement for a Trust Administrator below and select your interested title to get hiring information.
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