Trust Officer

Old North State Trust; Mooresville (NC); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Employee learning and development programs

Fun employee meetings and outings

Recognition programs

Job summary

A financial services firm is seeking a Trust Officer responsible for managing fiduciary and investment accounts. This role involves consulting on estate planning, promoting trust services, and liaising with clients and advisors. The ideal candidate will have strong business development skills and a relevant degree. Opportunities exist in multiple locations across North Carolina, including Mooresville. The position offers a supportive culture with competitive pay and benefits.

Qualifications

• Strong business development skills required.
• Significant knowledge of fiduciary duties and trust administration essential.
• Ability to work with teams and consult on financial matters.

Responsibilities

• Manage administration and servicing of fiduciary and investment management accounts.
• Administer personal trusts and guardianships per governing document.
• Consult with clients on estate and retirement planning.
• Consults with attorneys on trust documents, wills and related materials.
• Promotes trust services and develops new client relationships in investment management.
• Oversees estate settlement processes and assists with estate tax returns and accountings.
• Provides consultation on financial and wealth management matters.

Skills

Business development skills

Knowledge of fiduciary duties and trust administration

Communication

Teamwork

Education

Bachelor's degree in finance or business administration

MBA in Trust and Wealth Management

CTFA designation (preferred)

Job description

If you would like to work for a growing company that has an affirming culture supported by its published core values, invests liberally in employee learning and development, has fun employee meetings, outings and employee recognition programs, supports local non-profits and community service activities, is a great group of people to interact with every day, and has competitive pay and outstanding benefits... Old North State Trust may be the right place for you.

Old North State Trust, a Greensboro, NC–based financial services firm specializing in investment management, trust administration, and estate services, is seeking qualified candidates for the role of Trust Officer. This position may be based in any of the following locations:

• Greensboro, NC
• Mooresville, NC
• Lexington, NC
• Wilmington, NC
• Greenville, NC

SUMMARY

The Trust Officer provides expertise and communication in trust and estate issues. This position works as a liaison between trust clients and various related agencies or advisors. Specific tasks include interpreting legal documents, reviewing client relationships, monitoring funds, reporting to management, and completing various forms of paperwork.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Responsible for administration, management and servicing of assigned fiduciary and investment management accounts.
• Administers personal trusts, guardianships and other fiduciary accounts per terms of governing document.
• Partners with external advisors regarding tax, legal and other fiduciary matters.
• Consults with attorneys regarding legal needs and interpretation of trust documents, wills and other legally prepared materials.
• Promotes and sells trust services to new and existing customers; maintaining current client relationships and developing new client relationships in the areas of investment management, trust administration, estate and retirement planning, and retirement benefit plans.
• Proactively delivers and provides oversight of all estate settlement processes, makes postmortem elections, and works closely with Operations Supervisor in the preparation of estate tax returns, gift tax returns, fiduciary tax returns, and accountings for trusts and estates.
• Provides consultation on financial and wealth management matters.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Possesses strong business development skills.
• Has significant knowledge of fiduciary duties and trust administration.
• Has a bachelor’s degree, preferably in finance, business administration or hold an MBA in Trust and Wealth Management. CTFA designation is preferred.
• Possesses a working knowledge of financial services industry trends, directions, major issues, regulatory considerations and trendsetters.
• Has demonstrated success working with teams.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ability to hear and communicate verbally.
• Ability to see and read printed materials and computer monitors.
• Manual dexterity to operate a keyboard.
• Ability to sit for long periods.

WORK ENVIRONMENT

• This position primarily works in a temperature controlled office environment.
• The noise level is low. Hearing protection is typically not required.

WORK HOURS

• The work hours for this position vary.
• Overtime and weekend work may be required during busy periods.

DRESS CODE

• Business casual attire appropriate for a business setting.