Qualified Retirement Trust Officer

gpac; Lee's Summit (MO); On-site; USD 85,000 - 120,000; Full time

Job summary

gpac is seeking a knowledgeable Trust Officer to administer and grow fiduciary accounts, including IRAs, 401(k)s, and ESOP/KSOP, with a focus on client relationships and regulatory compliance.

The ideal candidate has 2+ years of fiduciary or trust experience, a Bachelor's degree, and professional designations such as CTFA, CEBS, CPA, or JD are a plus. Strong communication and collaboration with Advisors and attorneys are essential.

Qualifications

• Bachelor's degree is required.
• Minimum 2+ years of fiduciary or related trust experience.
• Experience administering ESOP/KSOP, 401(k), IRA, or similar retirement plan accounts.
• Professional designations such as CTFA, CEBS, CPA, or JD are a plus.

Responsibilities

• Develop, retain, and expand client relationships within assigned portfolio.
• Identify opportunities to market additional products and services.
• Anticipate client needs and implement solutions aligned with client and institutional objectives.
• Lead client onboarding and oversee ongoing account administration.
• Administer accounts in accordance with plan documents, fiduciary standards, bank policies, ERISA, DOL, IRS, and applicable regulations.
• Ensure proper documentation and adherence to IRS guidelines for IRA contributions, transfers, rollovers, distributions, and withdrawals.
• Manage 401(k) plan operations including contributions, distributions, and recordkeeping.
• Vote ESOP shares in accordance with plan documents.
• Exercise discretion in managing ESOP assets, primarily employer stock.
• Review and validate annual ESOP stock valuation reports.
• Evaluate assumptions and valuation methodologies used by appraisers.
• Consult directly with valuation professionals to ensure accuracy and appropriateness.
• Apply prudent investment strategies throughout the account lifecycle.
• Oversee portfolio models, including fund research, performance monitoring, and fee analysis.
• Present fund recommendations and monitoring results to the trust committee.
• Demonstrate understanding of diversification, liquidity, and risk/return principles.
• Collaborate effectively with Advisors, CPAs, Attorneys, and internal stakeholders.
• Communicate complex fiduciary and technical matters clearly, both verbally and in writing.
• Safeguard and properly handle confidential information.

Skills

Relationship management

Compliance awareness

Communication

Education

Bachelor's degree

Job description

Trust Officer

Employee Benefits | IRA | 401K | ESOP/KSOP

Position Summary

We are seeking a knowledgeable and relationship-driven Trust Officer to administer and grow a portfolio of fiduciary accounts. This role is responsible for comprehensive client relationship management across Investment Agencies, Custody Accounts, Individual Retirement Accounts (IRAs), Defined Benefit Plans, 401(k) Plans, and Employee Stock Ownership Plans (ESOP/KSOP).

The ideal candidate will bring strong fiduciary expertise, sound judgment, and the ability to serve as a trusted advisor while ensuring compliance with regulatory and governing standards.

Key Responsibilities

Client Relationship Management & Business Development

• Develop, retain, and expand client relationships within assigned portfolio
• Identify opportunities to market additional products and services
• Anticipate client needs and implement solutions aligned with both client and institutional objectives
• Lead client onboarding and oversee ongoing account administration

Fiduciary Administration & Compliance

• Administer accounts in accordance with plan documents, fiduciary standards, bank policies, ERISA, DOL, IRS, and applicable state and federal regulations
• Ensure proper documentation and adherence to IRS guidelines for IRA contributions, transfers, rollovers, distributions, and withdrawals
• Manage 401(k) plan operations including contributions, distributions, and recordkeeping

ESOP Oversight

• Vote ESOP shares in accordance with plan documents
• Exercise discretion in managing ESOP assets, primarily employer stock
• Review and validate annual ESOP stock valuation reports
• Evaluate assumptions and valuation methodologies used by appraisers
• Consult directly with valuation professionals to ensure accuracy and appropriateness

Investment Management

• Apply prudent investment strategies throughout the account lifecycle
• Oversee portfolio models, including fund research, performance monitoring, and fee analysis
• Present fund recommendations and monitoring results to the trust committee
• Demonstrate understanding of diversification, liquidity, and risk/return principles

Professional Communication

• Collaborate effectively with Advisors, CPAs, Attorneys, and internal stakeholders
• Communicate complex fiduciary and technical matters clearly, both verbally and in writing
• Safeguard and properly handle confidential information

Qualifications

• Bachelor's degree required
• Minimum of 2+ years of fiduciary or related trust experience
• Experience administering ESOP/KSOP, 401(k), IRA, or similar retirement plan accounts
• Professional designations such as CTFA, CEBS, CPA, or JD are a plus

All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.