Trust Officer

Advisor Group Inc.; Kentucky; Hybrid; USD 70,000 - 80,000; Full time

Benefits offered by this job

Health insurance

Vision insurance

Dental insurance

401k

Paid time away

Volunteer days

Job summary

Osaic is seeking a Trust Officer for Premier Trust to administer assigned accounts, ensure regulatory compliance, and support client relationships. Location is Henderson, NV with a hybrid schedule requiring four in-office days weekly.

The role offers a salary of $70,000-$80,000 plus an annual bonus and a comprehensive benefits package. The Trust Officer will handle discretionary distributions within board-approved limits, maintain data, and collaborate with colleagues while upholding

Qualifications

• Two or more years of related experience in the trust industry or training.
• Bachelor's Degree preferred; CTFA or similar certifications encouraged.
• Strong knowledge of trust compliance regulations and processes.

Responsibilities

• Administrates accounts per governing instrument and beneficiary needs.
• Interact with clients, professionals, and beneficiaries on account matters.
• Coordinate and review tax filings for trusts and funding of new accounts.
• Maintain client data and document confidentiality in compliance with policies.

Skills

Trust Administration

Regulatory Compliance

Client Communication

MS Excel

Education

Bachelor's Degree Preferred

High School Diploma or GED + Experience

Tools

MS Word

Job description

Osaic Careers Trust Officer Opportunity in Trust Services Premier Trust - Trust Officer

Location: 2270 Corporate Circle Suite 200, Henderson, NV 89074

Schedule: Osaic has returned to the office on a hybrid schedule requiring a minimum of 4 days weekly in the office. Applicants must be willing to work this schedule.

Role Type: Full-time

Salary: $70,000 - $80,000 per year + annual bonus. Actual compensation offered will be determined individually, based on a number of job-related factors, including location, skills, experience, and education. Our competitive compensation is just one component of Osaic's total compensation package.

Additional benefits include health, vision, dental insurance, 401k, paid time away, volunteer days and much more. To view more details of what you can look forward to, visit our careers page: https://careers.osaic.com/Creative/Benefits.

Summary: We are seeking a Trust Officer to join the team within Premier Trust, a member of Osaic. The Trust Officer is responsible for the administration of assigned accounts. Our selected candidate will represent the company in business activities and contacts with customers, outside professionals and beneficiaries relating to these accounts. This position will have discretionary distribution approval based on Board approved levels. The Trust Officer assures compliance with all policies and procedures governing trust functions, as well as all applicable state regulations. Additionally, the position of Trust Officer may be responsible for one or more employee(s).

Responsibilities

• Administrates accounts in accordance with the terms of the governing instrument and in a manner consistent with the needs of principals, beneficiaries, and remaindermen


• Contact or correspond with persons, agencies, and organizations that have an interest in any aspect of an account


• Maintain an awareness of new business opportunities and advise or consult with other officers on details of proposed plans and communicate information to marketing administrator for follow up


• Assists in analyzing the need of funds according to conditions of trust needs of beneficiary.


• Coordinate and review the preparation for filing federal and state tax returns for trusts.


• Establish and maintain client data


• Initiate and/or assist in the funding on new accounts


• Interacts frequently with subordinates, peers and functional managers


• Operates personal computer and all necessary programs to obtain and process data


• Maintains strict confidentiality of all records and data received and produced


• Answers questions via telephones, emails, and directs callers to proper personnel


• Responsible for compliance with all company policies, state laws and regulations


• Complies with Bank Secrecy Act ("BSA"), OFAC Anti-Money Laundering ("AML"), and USA PATRIOT ACT policies, procedures, by properly verifying the identity of any person/business an account, maintaining records of the information used to verify each costumer and consulting lists of known terrorists before opening an account


• Complies with the compliance policies and procedures


• Ensures the proper risk-rate customer as outlined in the Customer Identification Program Report any customer suspected of suspicious activity immediately to the BSA/Compliance Officer


• Participate in required annual BSA/AML/OFAC and Compliance training


• Consistently reports to work on time; adhere to scheduled breaks; attends all meetings and training as required of the position


• Exhibits objectively and openness to others' views; gives and welcomes feedback; contributes to building a positive team spirit


• Understands business implications of decisions; displays orientation to profitability, aligns work with strategic goals


• Treats people with respect; keeps commitments; Inspires the trust of others; works with integrity and ethically; upholds organizational values; accepts responsibility for own actions


• Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce


• Follows policies and procedures; completes administrative tasks correctly and on time; supports the company goals and values


• Performs the position safely, without endangering health or safety to himself or herself or others, will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one's own actions and conduct


• Responsible for timely and accurate preparation of initial and annual trust reviews


• Review and take necessary timely action on system ticklers


• Responsible for preparation and submission of discretionary request to TAC committee


• Focus and completion of personal goals established annually


• Stays current regarding regulatory rulings and enrolls in CE courses if applicable

Education Requirements

• Bachelor's Degree Preferred


• H.S. Diploma or GED certificate + Significant Practical Experience in the financial services industry specifically in Trust Administration will be considered

Basic Requirements

• Two or more years of related experience in the trust industry and/or training or the equivalent combination of education and experience.


• Work related experience must consist of Trust Administration experience in the financial services industry.


• Educational experience, through in-house training sessions, formal school, or financial industry related curriculum, should be business or financial industry related.


• Strong knowledge of related state trust compliance regulations, policies and procedures, products and services and other trust operational policies

Proficiencies

• skills in personal computer operation; word processing, spreadsheet (e.g., Microsoft Word, Excel etc.) programs


• Typing skills to meet production needs of the position


• Intermediate math skills; ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; Ability to compute ratios, percent and to draw and interpret bar graphs


• Good oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees


• Ability to define problems, collect data, establish facts, and draw valid conclusions


• Effective organizational and time management skills


• Ability to work with minimal or no supervision while performing duties


• Current driver's license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities


• Demonstrates sensitivity to deadlines and ability to multi-task


• Capability to work independently and with a team


• Ability to delegate tasks when necessary


• Aptitude to deal with routine to difficult problems involving multiple facets and variables in non-standardized situations

Preferred Requirements

• Licenses Preferred


• Certified Trust and Fiduciary Advisor (CTFA)