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Herring Bank · 1 day ago

Corporate Trust Administrator

Amarillo, TX

Full-time

Onsite

Mid, Senior Level

5+ years exp

Herring Bank is seeking an experienced and detail-oriented Corporate Trust Administrator to support our Wealth Management team. This role is responsible for administering church bond–related trust instruments while serving as a corporate indenture trustee, ensuring compliance with trust agreements and managing funds for bondholders.

BankingFinancial ServicesLendingWealth Management

Responsibilities

Administer church bond trust indentures and related governing documents

Monitor issuer compliance with trust terms, covenants, and financial reporting requirements

Collect, manage, and distribute principal and interest payments to bondholders

Serve as the primary point of contact for bondholders and issuers

Respond to bondholder questions related to payments, ownership documentation, and tax reporting

Process deposits and prepare journal entries for bond orders, transfer fees, sinking funds, and administrative fees

Maintain and scan trust documentation including W-9s, wills, death certificates, and powers of attorney

Perform annual administrative reviews for each bond issuance

Explain trust default, enforcement, and foreclosure processes to bondholders

Exercise trustee powers during default events in accordance with the indenture

Provide backup support for daily trust operations and journal entries as needed

Refer customers to appropriate bank partners for additional products and services

Support a collaborative team environment and a high-quality customer experience

Qualification

Trust indentures knowledgeTrust law expertiseFiduciary responsibilitiesTrust accounting systemsMicrosoft Office SuiteCustomer service mindsetCommunication skillsOrganization skillsTime-management skillsAttention to confidentiality

Required

High school diploma or equivalent and 5+ years of relevant trust experience OR a bachelor's degree in business, Accounting, Finance, or a related field

Strong working knowledge of trust indentures, trust law, and fiduciary responsibilities

Proficiency with Microsoft Office Suite, especially Excel

Excellent communication, organization, and time-management skills

Ability to manage multiple priorities with accuracy and discretion

Strong customer service mindset and attention to confidentiality

Ability to work independently with minimal supervision

Must pass a background and credit check