Trust Admin Associate — Client Accounts & Growth

City National Bank; Wilmington (DE); On-site; USD 65,000 - 104,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) company matching

Tuition Reimbursement

Career Development

Time Away benefits

Specialized health and family planning

Career Mobility support

Job summary

City National Bank seeks a Trust Administration Officer II to manage personal trust accounts, including testamentary and intervivos trusts, foundations, and agency accounts. You will open and maintain estates, review governing documents, and develop client relationships under guidance from the trust team.

Responsibilities include preparing paperwork, analyzing cash needs for distributions, tax reporting, and coordinating with clients and intermediaries to ensure accurate and compliant account

Qualifications

• Minimum 4 years of experience in Personal Trust required.
• Minimum 4 years of experience in a financial services organization required.
• Minimum 4 years of administrative/clerical experience required.

Responsibilities

• Review paperwork for trusts where CNB is trustee and ensure accuracy.
• Prepare new account paperwork as required.
• Analyze anticipated income to maintain sufficient cash for distributions, fees and bills.
• Obtain missing documents from clients.
• Initiate annual administrative review of trust accounts and ensure alignment with trust documents.
• Produce and review tax reports, research deficiencies, and manage tax payments.
• Gather data for account reconciliations and review fee agreements.
• Coordinate set up and monitoring of personal property inventory and other assets.
• Provide client service via phone, email, or written communications.
• Respond to advisors and intermediaries regarding account administration.
• Handle inquiries about compliance and regulatory processes.

Skills

Personal Trust experience

Financial services experience

Administrative experience

Education

Bachelor's Degree

J.D. Degree a plus

Job description

City National Bank seeks a Trust Administration Officer II to manage personal trust accounts, including testamentary and intervivos trusts, foundations, and agency accounts. You will open and maintain estates, review governing documents, and develop client relationships under guidance from the trust team.

Responsibilities include preparing paperwork, analyzing cash needs for distributions, tax reporting, and coordinating with clients and intermediaries to ensure accurate and compliant account