Trust Relationships Manager

Hancock Whitney; New Orleans (LA); On-site; USD 90,000 - 120,000; Full time

Job summary

Hancock Whitney in New Orleans is seeking a Trust Relationship Manager 2 to develop and manage complex client relationships across Trust, Fiduciary, and Investment Management services. The role involves coordinating with investment officers, ensuring regulatory compliance, and driving new business growth.

The position requires a Bachelor’s degree and at least 5 years of relationship management experience in banking or financial services, with the ability to travel as needed.

Qualifications

• Bachelor’s degree, preferably in business or related field.
• 5 years of relationship management experience in banking or financial services.
• An equivalent combination of education and experience may be considered.

Responsibilities

• Manages and develops new business for Trust relationships.
• Administers, invest s and/or solicits business of large and complex relationships in compliance with bank policies, laws and regulations.
• Represents the company in business activities and serves as a contact for clients, attorneys, CPAs and beneficiaries relating to assigned accounts.
• Analyzes, studies, and gains full understanding of governing documents; manages accounts accordingly.
• Coordinates management of accounts with investment officers and trust operations as required.
• Ensures accounts comply with applicable policies, procedures and laws/regulations; keeps current with developments.
• Contacts or corresponds with attorneys, agencies, co-trustees, and other parties with an interest in an account.
• Resolves problems for owners and beneficiaries; approves necessary expenditures for care and maintenance.
• Makes court appearances at audits or other proceedings; negotiates with attorneys and others regarding trust assets.
• Advises management on the acceptability of trust assets and proper use of income or corpus.
• Proactively analyzes relationships and networks for new business opportunities; advises other officers on plans.
• Complies with all applicable federal, state, and local laws including Bank Secrecy Act.
• Responsible for achieving sales goals set by management.
• Monitors call planner, pipeline, and closed business reports using sales tools.

Skills

Relationship management

Banking knowledge

Education

Bachelor’s degree in business or related field

Job description

JOB FUNCTION / SUMMARY:

Trust Relationship Manager 2’s manages and develops complex client relationships for Trust, Fiduciary Services, Investment Management Services, and other types of accounts.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Manages and develops new business for various types of Trust relationships.
• Administers, invests and/or solicits business of large and complex relationships in compliance with bank policies, account documents, laws and regulations.
• Represents the company in business activities and serves as a contact for clients, attorneys, CPAs and beneficiaries relating to assigned accounts. May represent the company on boards or committees related to businesses or institutions for which the trust department provides a service.
• Analyzes, studies, and gains full understanding of governing documents. Manages accounts in accordance with the terms of the governing documents and in a manner consistent with the needs of owners, beneficiaries and/or remainder men.
• Coordinates management of accounts with investment officers, trust tax officers, trust real estate officers, Trust Operations, and others as required
• Assures the accounts are in compliance with all applicable policies, procedures and/or federal/state laws and regulations. Keeps current with all developments, applicable laws and regulations within individual field and provides advice to other Trust RMs and/or business partners.
• Contacts or corresponds with attorneys, agencies, co- trustees/co-executors, and other parties who have an interest in any aspect of an account
• Resolves problems brought by owners, beneficiaries and others, such as requests for special distributions or planning and approving necessary expenditures for care and maintenance
• Makes court appearances at audits or other proceedings, and deals with attorneys, agents and others for the acquisition, disposition or preservation of trust assets and related business
• Advises management and members of the trust administrative committee on questions regarding the acceptability of trust assets and the proper use of income or corpus for accounts being managed
• Proactively analyzes existing relationships and networks with local professionals and centers of influence for new business opportunities. Advises or consults with other officers on details of proposed business plans.
• Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.
• Responsible for achieving sales goals set by management.
• Monitor, maintain, and update call planner, pipeline, and closed business report using sales management tools.

SUPERVISORY RESPONSIBILITIES:

Carries out supervisory responsibilities in accordance with the organization's policies, procedures and applicable laws; Provides guidance and oversight to and is responsible for the coordination and evaluation of the assigned team. Responsibilities may include interviewing, hiring and training associates; planning, assigning and directing work; performance management; associate compensation; approving expense reports; addressing concerns and resolving problems.

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE:

• Bachelor’s degree, preferably with a concentration in business or related field.
• 5 years of relationship management experience in banking or financial services required.
• An equivalent combination of education and experience may be considered.

ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS:

• Ability to travel if required to perform the essential job functions.
• Ability to work under stress and meet deadlines.
• Ability to operate related equipment to perform the essential job functions.
• Ability to read and interpret a document if required to perform the essential job functions.
• Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

#katiejenkins

Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.