Trust Officer

Trident Trust; Sioux Falls (SD); On-site; USD 85,000 - 110,000; Full time

Job summary

Trident Trust is seeking a Trust Officer to lead a small team of Trust Administrators and Assistants in Sioux Falls. You will oversee discretionary requests, transactions, and compliance in day-to-day operations while maintaining precise records.

Ideal candidates have 3–5 years in Trust Administration, strong communication, and project management skills. The role emphasizes regulatory coordination and client relationship management within a compliant framework.

Qualifications

• Associate degree or higher in a relevant field.
• Experience in Trust Administration or related management roles.
• Proficiency with MS Office, Adobe, and cloud-based tools.

Responsibilities

• Review, complete, and present discretionary requests to Trust Administration Committee.
• Review, complete, and approve daily transactions and ensure accurate processing.
• Ensure outside tax preparation procedures are followed and completed.
• Participate in conversations with regulators and auditors, aiding deliverables.
• Administer a portfolio of key clients and complex structures.
• Manage assets across varied classes and ensure timely project completion.
• Maintain up-to-date account files and conduct reviews as needed.
• Oversee annual administration, risk, and investment reviews.
• Review account closing/termination packages and asset additions/revocations.
• Handle all aspects of Trust Administration and ongoing relationship management.
• Assist with new business development and prepare new account paperwork.

Education

Associate degree in business, legal, finance, accounting

Bachelor’s or master’s degree in business, legal, finance, accounting

Juris Doctorate (preferred)

Tools

Microsoft Office Suite

Adobe

Cloud-based software

Job description

The Role

The Trust Officer will assist with the training and oversight of a small team of Trust Administrator(s) and/or Trust Administrative Assistant(s), as assigned to their team. Trust Officers are responsible for knowing and following all company policies and procedures and using that information for participation in department meetings. This role will have no direct reports.

Duties

• Review, complete, and present discretionary requests to Trust Administration Committee.
• Review, complete, and approve daily transactions and follow-up to ensure accurate processing and escalate any issues to compliance/management.
• Ensure outside tax preparation procedures are followed and completed.
• Participate in conversations with Internal Auditors, SD Division of Banking, and other regulators, and examiners along with the preparation and review of any deliverables.
• Administer a portfolio of key clients including some complex structures.
• Administer a variety of asset classes held within entities.
• Ensure all projects are completed in a timely fashion.
• Ensure account files are kept up to date.
• Review and complete annual administration reviews, risk reviews, investment reviews, and other reviews as deemed necessary.
• Review and complete account closing/termination package.
• Review and complete forms for additions/revocations of assets.
• Responsible for all aspects of Trust Administration and ongoing relationship management.
• Assist with new business development and prepare acquired new account paperwork.

Minimum Skills and Knowledge

• Associate degree in business, legal, finance, accounting, or another relevant field.
• 3-5 years working in Trust Administration/management or combination of education and experience.
• Proficient in Microsoft Office Suite, Adobe, cloud-based software, and willingness to learn new programs.

Preferred Qualifications

• Bachelor’s or master’s degree in business, legal, finance, accounting, or another relevant field. Juris Doctorate is ideal.
  
• Experience with state and federal compliance laws and practices as related to trust accounts i.e., BSA/AML.
• Strong, professional, verbal, and written communication skills.
• Excellent organizational and time management skills with an innate attention to detail.
• Flexible and comfortable dealing with variable workload, frequently dealing with several ongoing matters, at the same time.
• Read, analyze, and interpret general business periodicals, professional journals, and technical procedures.
• A sound understanding of various asset classes.
• Ability to be self-directed and delegate, as appropriate.

In addition to the general essential duties and responsibilities, this role includes other duties as assigned. This job description is not intended to be all-inclusive, and the employee will also perform other reasonably related business duties. This job description does not constitute a written or implied contract of employment.

EQUAL EMPLOYMENT OPPORTUNITY

Trident Trust provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Trident Trust is committed to providing an inclusive hiring process. If you require a reasonable accommodation to participate in the application or interview process, please reply to the automated email you receive after submitting your application. A member of our Human Resources team will review your request and contact you directly.