Associate Trust Officer

LCNB National Bank; Lebanon (OH); On-site; USD 45,000 - 60,000; Full time

Job summary

A regional banking institution in Lebanon, Ohio, is seeking an entry-level Associate Trust Officer to assist with Trust Administration. The successful candidate will provide administrative support, enhance client experiences, and assist Trust Officers with various tasks, including documentation and audits. Candidates should possess strong communication skills, attention to detail, and ideally hold a Bachelor's degree or be pursuing one. This is a full-time position offering opportunities for growth within the finance sector.

Qualifications

• Experience in a client-facing role is required.
• Trust Administration or Financial Services experience is preferred.
• Ability to relate to clients of diverse backgrounds.

Responsibilities

• Assist Trust Officers with asset transfers and new account documentation.
• Prepare Trust Committee meeting reports and necessary documentation.
• Track recurring distributions and process required approvals.

Skills

Client-focused

Strong written and verbal communication

Proactive problem-solving

Attention to detail

Microsoft Office proficiency

Education

Bachelor’s degree or currently pursuing

Job description

Join to apply for the Associate Trust Officer role at LCNB National Bank

• Reports To: David Hopper, Vice President Trust Officer

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
• 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)
• 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.

Seniority level

Entry level

Employment type

Full-time

Job function

Finance and Sales

Industries

Banking