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PlainsCapital Bank · 2 months ago

Trust Officer - Wealth Administration

Lubbock, TX

Full-time

Onsite

Mid Level

4+ years exp

PlainsCapital Bank is a financial institution committed to relationship banking and personalized service. The Wealth Administrator is responsible for managing trust and investment agency accounts, developing client relationships, and ensuring compliance with fiduciary standards while identifying new business opportunities.

BankingFinancial Services

Responsibilities

Manages a set of wealth clients to develop an understanding of their goals, needs and risk tolerance. Uses knowledge on fiduciary duties, applicable laws, estate and financial planning to meet both client and bank goals

Responsible for leading client discussions within the realm of goals-oriented wealth management. Integrates technical expertise with information gathering and analysis to formulate solution-oriented advice for clients. Effectively communicates concepts to clients using easily understandable language

Provides dedicated client service through prompt, tactful, and diplomatic interactions; initiates regular client communication through written and verbal means

Develops and upholds a thorough understanding of Bank’s fiduciary standards and practices, applying fiduciary knowledge and judgment to fiduciary relationships. Adheres to internal policies, processes, and procedures to ensure prudent risk management and judgment. Identifies fiduciary risk concerns and seeks appropriate resolutions

Nurtures relationships with referral sources and external professional advisors to expand the business; identifies and fosters new business prospects. Engages in community and professional organizations representing the Bank, identifying opportunities to showcase the Bank’s expertise and leadership

Collaborates effectively with internal team members and external professional advisors to identify client needs and objectives, ultimately devising advice-driven solutions for clients

Travels as necessary to meet with clients, taking into consideration revenue generation, new business prospects, or servicing requirements

Actively participates in and completes all assigned training and development sessions/initiatives. Actively seeks out opportunities to expand knowledge through industry-related certifications, coursework, etc

Performs other duties as required

Qualification

Wealth management experienceTrust administration experienceCertified TrustFinancial AdvisorAnalytical skillsMicrosoft Office proficiencyEthical standardsCommunication skillsProblem-solving skillsTime management skillsOrganizational skillsAttention to detailTeam player

Required

Bachelor's degree in Business or other related field required OR a combination of equivalent, relevant work experience along with a high school diploma or GED required

At least 4 years of experience in wealth management or trust administration required

Excellent verbal, written, and interpersonal communication skills with the ability to interact with all levels of customers, clients, and Bank personnel

Excellent analytical, time management, organizational and problem-solving skills with the ability to multi-task and work in a deadline-driven environment

Must be self-motivated team player with strong attention to detail, high level of accountability, and the ability to work independently

Strong computer skills, specifically with Microsoft Office suite of products, and the ability to learn and utilize custom banking systems and applications

Ability to maintain a high degree of ethical standards and complete confidentiality at all times