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WesBanco · 3 months ago

Trust Officer - Trust Administration WHE

Wheeling, WV, 26003, United States

Full-time

Onsite

Mid, Senior Level

WesBanco is a financial institution seeking a Trust Officer to administer and manage trust accounts in compliance with federal and state laws. The role involves overseeing financial responsibilities, ensuring client understanding of trust processes, and maintaining professional client relationships.

BankingFinanceFinancial Services

Growth Opportunities

Responsibilities

Must be able to read legal agreements and understand trust law and tax law as it relates to client needs and within the scope of training provided by the Bank

Oversees many financial responsibilities for their clients and must have an understanding of the various aspects of taxation, investments, financial planning, accounting and insurance

Works with clients to ensure their comfort and understanding of the processes used by the Bank to ensure prudent accumulation, investment, protection and usage of trust assets

Strives to have a deep understanding and strong connection with clients and interacts with them and their family members for referral opportunities

Strives to build, maintain, and grow a network of professional contacts to leverage for new business opportunities

Seeks to develop/retain trust business from existing account assignments

Administers a full and varied account load

Operates with moderate independence and solves problems/resolves complaints within established policies/procedures

Operates in a team environment with capability to provide coverage for other team members

Supervises processes to ensure accuracy and provides oversight for Junior Officers and Administrative Assistants

Qualification

Trust law knowledgeInvestment understandingTax law knowledgeMicrosoft Office proficiencyFinancial planning knowledgeCustomer service skillsInterpersonal skillsEffective communicationProblem-solving skills

Required

Understand basic estate and trust administration procedures

General understanding of investments and investment theory

Willingness to provide a level of service which will clearly differentiate us from our competitors

Professional demeanor in appearance, interpersonal relations, work ethic and attitude

Possess clear, concise, effective written and oral communication skills to effectively express thoughts, ideas and concepts to bank employees and bank customers

Must be able to communicate professionally and effectively through written and verbal communications with clients and co-workers

Must be able to read legal agreements and understand trust law and tax law as it relates to client needs and within the scope of training provided by the Bank

Oversees many financial responsibilities for their clients and must have an understanding of the various aspects of taxation, investments, financial planning, accounting and insurance

Works with clients to ensure their comfort and understanding of the processes used by the Bank to ensure prudent accumulation, investment, protection and usage of trust assets

Strives to have a deep understanding and strong connection with clients and interacts with them and their family members for referral opportunities

Strives to build, maintain, and grow a network of professional contacts to leverage for new business opportunities

Seeks to develop/retain trust business from existing account assignments

Administers a full and varied account load

Operates with moderate independence and solves problems/resolves complaints within established policies/procedures

Operates in a team environment with capability to provide coverage for other team members

Supervises processes to ensure accuracy and provides oversight for Junior Officers and Administrative Assistants

Acquire and maintain a proficiency in the bank's policies and procedures, and adhere to all laws, rules and regulations that are applicable to your conduct and the work you will be performing

Complete all assigned compliance training in a timely manner

Proficient in Microsoft Office products including Word and Excel

Ability to learn trust software

Must possess basic mathematical skills and understand basic mathematical methodologies used in budgeting, accounting and investment performance calculations

Must be able to make sound judgments or conduct the necessary research to make sound judgments in the matters of the financial affairs of clients and their families

Must be familiar with internal policies and procedures and seek guidance from management and various approval committees when appropriate