Trust Assistant

A Hiring Company; Algona (IA); On-site; USD 48,000 - 52,000; Full time

Job summary

A Hiring Company in the United States, Algona, IA seeks a Trust Assistant to support the administrative needs of the Trust Department, handling correspondence, reports, contracts, and disbursements.

You will assist with management of IRAs and retirement accounts, post transactions with department software, and maintain confidential records with accuracy and efficiency.

Qualifications

• Associate's Degree in Business required; experience may substitute.
• Three+ years of related experience preferred.
• Ability to multitask and maintain composure.
• Strong analytical and math skills.
• Excellent written and verbal communication.
• Ability to collaborate with peers and management.

Responsibilities

• Prepare and maintain correspondence, reports, contracts, and disbursements.
• Assist with management of IRAs and retirement accounts.
• Use department software to post transactions and maintain records.
• Perform daily system tasks and reporting per procedures.
• Support administration and confidentiality of trust records.

Skills

Multi-tasking

Problem solving

Customer service

Math skills

Written and verbal communication

Team collaboration

Organizational skills

Education

Associate's Degree in Business

Job description

Description:

Responsible for supporting the administrative needs of the Trust Department, duties of the Trust Assistant position include, but are not limited to:

• Prepare and maintain correspondence, reports, contracts, income and expense processing and customer disbursements.
• Assist with management of individual retirement accounts (IRAs), qualified plan retirement accounts, and burial trust accounts held within the Trust Department.
• Utilize department software to post account transactions to active or inactive trust accounts, update account information, and maintain electronic documentation to ensure accurate records.
• Perform daily system tasks and reporting activities in accordance with trust agreements, internal procedures and regulatory compliance requirements.
• Support the overall administration and recordkeeping needs of the Trust Department while maintaining a high level of accuracy and confidentiality.

Requirements:

An Associate's Degree in Business is required. Will consider experience in lieu of education. Three or more years of experience in a related field is preferred.

Additional qualifications of the position include:

• Ability to conduct multiple tasks while maintaining composure.
• Ability to analyze problems, identify workable solutions, and select the appropriate course of action in an unbiased manner.
• Advanced customer service skills.
• Strong math and analytical skills.
• Ability to collaborate with peers and management in a professional manner.
• Ability to demonstrate initiative, diligence and strong organizational skills.
• Strong written and verbal communication.

Compensation details: 48000-52000 Yearly Salary