Fiduciary Trust Administrator

Fifth Third Bank; Denver (CO); On-site; USD 71,000 - 146,000; Full time

Job summary

Fifth Third Bank is seeking a Trust Administrator to support fiduciary account administration, ensuring adherence to governing documents, laws, and policies. You will work with senior team members to manage client accounts and deliver a compliant client experience.

Responsibilities include reviewing documents, monitoring activity, assisting with openings/closings, and coordinating with internal teams to improve service delivery.

Qualifications

• Bachelor's degree required.
• 3-5 years of experience in trust administration, financial services, or a related client service role.

Responsibilities

• Fiduciary Account Administration: Supports the administration of trust accounts in accordance with governing documents, applicable laws, and organizational policies, ensuring alignment with fiduciary standards.
• Account Oversight and Review: Reviews documents and account activity for accuracy and completeness, monitors transactions, and submits actions for approval as appropriate.
• Client Support: Responds to client, beneficiary, and advisor inquiries, ensuring timely and professional resolution of routine requests.
• Risk and Compliance Management: Ensures adherence to fiduciary, regulatory, and internal policy requirements, escalating issues as appropriate.
• Issue Resolution: Partners with senior team members to address client issues, including distribution requests, fee inquiries, and account-related matters.
• Account Lifecycle Management: Assists with account openings and closings, ensuring proper documentation, asset transfers, and accurate setup of account and tax reporting information.
• Collaboration and Partnership: Works closely with internal teams and senior administrators to support account management and client service delivery.
• Process Improvement: Participates in initiatives to improve operational efficiency and enhance service delivery to clients.
• Other Duties: Performing other duties as assigned, adapting to new tasks or shifts in priorities as necessary to support your team's and the company's mission.

Skills

Fiduciary Knowledge

Attention to Detail

Client Service

Risk & Compliance

Communication

Relationship Building

Team Collaboration

Problem Solving

Adaptability

Continuous Learning

Education

Bachelor's degree

Job description

Fifth Third Bank is seeking a Trust Administrator to support fiduciary account administration, ensuring adherence to governing documents, laws, and policies. You will work with senior team members to manage client accounts and deliver a compliant client experience.

Responsibilities include reviewing documents, monitoring activity, assisting with openings/closings, and coordinating with internal teams to improve service delivery.