Senior Trust Officer - Glencoe, MN

Security Bank & Trust Co.; Glencoe (MN); On-site; USD 90,000 - 120,000; Full time

Job summary

A leading financial institution in Minnesota is seeking a highly experienced Senior Trust Officer to manage high-net-worth client relationships and drive business development initiatives. The ideal candidate should possess a strong knowledge of trust law, at least 5 years of experience in trust and estate administration, and excellent interpersonal skills. This role involves a comprehensive approach to fiduciary services, ensuring compliance with laws and regulations, while cultivating new business opportunities. Join a team dedicated to client satisfaction and community impact.

Qualifications

• Minimum of 5+ years of experience in trust and estate administration.
• Proven ability to manage complex trust structures and relationships.
• Strong knowledge of fiduciary principles and tax implications for trusts.

Responsibilities

• Manage complex trust and estate administration matters with professionalism.
• Develop and maintain relationships with high-net-worth clients.
• Ensure trust accounts comply with federal and state laws.

Skills

Knowledge of trust law

Sales & business development

Communication skills

Technology proficiency

Education

Bachelor’s degree in Finance, Accounting, Banking, Business, or related field

JD, CPA, or CTFA designation

Tools

Trust accounting software

Wealth management software

Job description

Security Bank & Trust Co. is passionate about helping our clients succeed and making a difference in our communities. And that starts with our employees.

Security Bank & Trust Co. is seeking a highly experienced and motivated Senior Trust Officer to serve in our trust and estate administration services. This individual will play a crucial role in managing high-net-worth client relationships, ensuring compliance with trust laws, and driving business development initiatives. The ideal candidate will be a strategic thinker with deep expertise in fiduciary services and a strong track record of growing trust portfolios.

Responsibilities:

• Trust & Estate Administration: Serve as a fiduciary expert, managing complex trust and estate administration matters with a high degree of professionalism and accuracy.
• Client Relationship Management: Develop, maintain, and enhance relationships with high-net-worth individuals, families, and business owners to ensure client satisfaction and retention.
• Compliance & Risk Management: Ensure all trust accounts comply with applicable federal and state laws, regulations, and bank policies. Manage risk effectively while providing exceptional client service.
• Business Development & Sales: Identify and pursue new business opportunities by networking with estate planners, attorneys, CPAs, and other professionals. Develop and execute strategies to expand the bank’s trust services.
• Investment Oversight & Coordination: Collaborate with internal and external investment professionals to align investment strategies with clients’ estate and financial plans.
• Team Leadership & Mentorship: Support and mentor junior trust officers and staff, fostering a culture of collaboration, compliance, and excellence.

Education and Experience:

• Education: Bachelor’s degree in Finance, Accounting, Banking, Business, or a related field. A JD, CPA, or CTFA (Certified Trust and Fiduciary Advisor) designation is a plus.
• Experience: Minimum of 5+ years of experience in trust and estate administration, with a proven ability to manage complex trust structures and relationships.

Qualifications:

• Technical Expertise: Strong knowledge of trust law, probate law, estate planning strategies, fiduciary principles, and tax implications for trusts and estates.
• Sales & Business Development: Excellent ability to identify and cultivate new business opportunities while maintaining existing relationships.
• Communication & Leadership: Exceptional interpersonal skills, with the ability to clearly communicate complex financial and legal concepts to clients and colleagues.
• Technology Proficiency: Familiarity with trust accounting and wealth management software is preferred.