Southern Michigan Bank & Trust · 3 months ago
WEALTH MANAGEMENT OFFICER
Portage,MI,US
Full-time
Onsite
Mid Level
3+ years expSouthern Michigan Bank & Trust is seeking a Wealth Management Officer to administer trust and estate accounts while assisting in operational areas within the department. The role involves soliciting new business, ensuring compliance with tax reporting, and maintaining communication with clients and beneficiaries.
BankingFinancial ServicesPersonal Finance
Responsibilities
Where the Bank is named Personal Representative, ensures that the Will is probated, assets are marshaled, an inventory is filed with the court, and estate administration duties are carried out
Handles correspondence in connection with any account relationship, including personal trust matters
Maintains communication with beneficiaries of respective personal trusts
Assist public account firms, the FDIC or OFIR, and external auditors during their examinations of the Trust Department
Maintains contact with members of the legal, accounting, and other professions to identify new business prospects
Ensures that financial or other required reports are prepared to ensure grantors, beneficiaries, and the Probate Court are provided with timely financial information
Ensures that income and other required tax returns are prepared and filed when due. Ensures timely payment of individual estimated taxes
Is responsible for administration of retirement plan accounts
Assists in reviewing the trust accounting system and other operation software that is utilized
Attend educational seminars to stay current on trust operations, trust administration, retirement plan changes, etc., as needed
Responsible for tax reporting for the department
Responsible for specific client accounts including annual administrative review, meetings with clients and keeping file documentation current
Member of the Trust Administration and Investment Committee and participates in Directors Trust Committee meetings
Responsible for setting up investment review reports for Trust Administration and Investment Committee and Directors Trust Committee meetings
Works with the Senior Investment Officer on the investment portfolios of personal trust or other accounts
Actively solicits new business prospects; makes sales and/or new business calls
Reviews and places security orders from custodial customers
Assists shareholders and works with AST on stock transfer and dividends for Southern Michigan Bancorp
Maintains effective communication with other bank officers and new accounts personnel to promote referral of trust customers
Maintains communication with the professional community to identify new business prospects
Participates in professional and civic organization activities to promote a high profile for the bank in community and business prospects
Qualification
Required
Associate's degree in business or finance desirable
Three to five years of trust experience with additional trust education, prior banking experience, and/or financial planning experience
Effective interpersonal and communication (written and verbal) skills
Excellent verbal and written communication skills relating to communication with clients and professionals through routine reports and composition or original correspondence
Ability to read and interpret technical documents and federal regulations
Ability to speak effectively with groups of clients, prospects, and professionals
Thorough knowledge of the banking industry
Knowledge of federal and state trust regulations and rules and the ability to stay abreast of changes or modifications thereof
Strong analytical, problem-solving, research, interpretive, and decision-making skills to identify, evaluate, and resolve issues/cases; interpret data to provide solutions
Proficient computer skills (i.e., Microsoft Word, Excel, Outlook, any other software, etc.)
Professional demeanor and interaction with all customers (internal and external) and a proactive team attitude
Ability to work effectively in a team-oriented environment as well as independently
Ability to pay attention to detail while handling a high volume of work with multiple interruptions
Ability to work under minimal supervision, take initiative, problem-solve, work under time-sensitive deadlines, and handle multiple projects at once
Excellent time management, organization, and project management skills
Any equivalent combination of education, experience, and training that provides the required knowledge, skills, and abilities
Company
Southern Michigan Bank & Trust
Southern Michigan Bank & Trust is a community bank providing personal financial services to its customers.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$30M2021-04-16Debt Financing· $30M
Leadership Team
John Waldron
President and CEO
Angela Valdez NaDell
First VP, Chief People Officer
Recent News
Southern Michigan Bancorp Inc
2025-10-31
2025-10-30
Southern Michigan Bancorp Inc
2025-07-23
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