Trust Officer

Zelle Human Resource Solutions; Seward (NE); On-site; USD 60,000 - 90,000; Full time

Job summary

Zelle Human Resource Solutions is seeking a Trust Officer to manage trust accounts, communicate with clients, and support investment purchases. You will contribute to the trust department’s business development and profitability while assisting with tax-related tasks and real estate processes.

Qualifications include a bachelor’s degree in finance or business and at least five years of trust/investment experience.

Qualifications

• Bachelor’s degree in finance or business or equivalent work experience required.
• At least 5 years of broad-based trust and investment experience preferred.
• Proficiency with InfoVisa/Maui software is necessary but may be learned on the job. Must have basic computer knowledge, be proficient with Microsoft products and the ability to operate standard office equipment.

Responsibilities

• Establish and achieve individual and departmental goals as they relate to the success of the Trust Department, the bank’s Strategic Plan and specific job functions.
• Report in Trust Investment Committee (TIC) and TIC Asset Review meetings.
• Review trust accounting reports monthly, quarterly and annually.
• Meet with prospective new Trust Department clients on products and services offered.
• Meet with legal counsel for new/existing clients on legal document preparation and requested administration issues.
• Meet with tax preparation personnel for new/existing clients on income and tax related issues relevant to accounts.
• Review, verify and sign appropriate tax returns for existing clients as prepared by the client’s tax preparation personnel.
• Prepare selected Trust client’s simple income tax returns.
• Assist clients and staff with IRAs and HSAs and open accounts.
• Oversee Escrow functions – opening accounts, ongoing transactions, and closing accounts.
• Inspect real estate, prepare reports, handle FSA documents and government payments and contact appraisers.
• Prepare and file special reports (Conservatorship Annual Reporting, Annual RepresentativePayee Reports, Medicaid Reports, etc.).
• Initiate and send ACH transactions.
• Provide medallion signature guarantee.
• Participate in the business development efforts of the bank.

Skills

Client communication

Financial reasoning

Education

Bachelor’s degree in finance or business

Tools

InfoVisa/Maui

MS Office

Job description

The Trust Officer is responsible for the administration of trust accounts. Communicate with clients and provide support and input into investment purchases. Assist with the trust department’s business development and marketing efforts to improve trust department profitability and grow the department.

Key Responsibilities:

• Establish and achieve individual and departmental goals as they relate to the success of the Trust Department, the bank’s Strategic Plan and specific job functions.
• Report in Trust Investment Committee (TIC) and TIC Asset Review meetings.
• Review trust accounting reports monthly, quarterly and annually.
• Meet with prospective new Trust Department clients on products and services offered.
• Meet with legal counsel for new/existing clients on legal document preparation and requested administration issues.
• Meet with tax preparation personnel for new/existing clients on income and tax related issues relevant to accounts.
• Review, verify and sign appropriate tax returns for existing clients as prepared by the client’s tax preparation personnel.
• Prepare selected Trust client’s simple income tax returns.
• Assist clients and staff with IRAs and HSAs and open accounts.
• Oversee Escrow functions – opening accounts, ongoing transactions, and closing accounts.
• Inspect real estate, prepare reports, handle FSA documents and government payments and contact appraisers.
• Prepare and file special reports (Conservatorship Annual Reporting, Annual RepresentativePayee Reports, Medicaid Reports, etc.).
• Initiate and send ACH transactions.
• Provide medallion signature guarantee.
• Participate in the business development efforts of the bank.

Qualifications:

• Education: Bachelor’s degree, preferably in finance or business or equivalent work experience required.
• Experience: At least 5 years of broad-based trust and investment (or comparable) experience is preferred.
• Proficiency with InfoVisa/Maui software is necessary but may be learned on the job. Must have basic computer knowledge, be proficient with Microsoft products and the ability to operate standard office equipment.