Senior Retirement Trust Officer | Fiduciary & ESOP Expert

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

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.