Trust Administrator

SHR LLC; Town of Florida (NY); On-site; USD 85,000 - 120,000; Full time

Job summary

SHR LLC in New York is seeking a Trust Administrator to develop new trust and investment management business for the bank, focusing on wealthy clients. The role oversees administrative duties for all assigned accounts with fiduciary responsibilities and may supervise one or more Trust and Wealth Associates in daily activities.

Interaction with Portfolio Managers and the Compliance Manager is required to ensure client accounts meet rigorous standards of excellence.

Qualifications

• Bachelor’s degree or equivalent experience.
• Experience in financial and/or estate planning, along with trust administration.
• Knowledge of financial markets is preferred.
• Graduation from trust school and obtaining CTFA certification is a plus.
• At least five years experience in the same or similar capacity.

Responsibilities

• Develop new trust and investment management business for the bank, primarily focusing on the wealthy and affluent market segment.
• Oversee administrative aspects of all accounts assigned, with fiduciary capacity.
• Supervise one or more Trust and Wealth Associates in day-to-day activities.
• Interact with Portfolio Managers and Compliance Manager to ensure client accounts meet compliance standards.

Skills

Knowledge of financial markets

Education

Bachelor’s degree or equivalent experience

Graduation from trust school and CTFA certification

Job description

Job Description

Trust Administrator

This position is responsible for developing new trust and investment management business for the bank, primarily focusing on the wealthy and affluent market segment. In addition, the individual will be responsible for overseeing the administrative aspects of all accounts assigned, with particular emphasis where the bank serves in a fiduciary capacity. There may be supervision duties by managing one or more Trust and Wealth Associate in the day-to-day activities associated with this position. In addition, interaction with the Portfolio Managers and Compliance Manager to ensure each client account meets compliance standards of excellence will also be a key component of this job.

EDUCATION &/OR EXPERIENCE

• Bachelor’s degree or equivalent experience


• Experience in financial and/or estate planning, along with trust administration


• Knowledge of financial markets is preferred


• Graduation from trust school and obtaining CTFA certification is a plus


• At least five years experience in the same or similar capacity