Apply on Employer Site

1st Source Bank · 2 months ago

Administrator III, Personal Trust, Sarasota, FL

Sarasota, Florida, United States

Full-time

Onsite

Senior Level, Lead/Staff

8+ years exp

1st Source Bank is seeking an engaging and dynamic professional for the Administrator III position in Personal Trust. The role is responsible for developing new Personal Trust business and managing existing client relationships, providing comprehensive financial advisory services including trust administration and financial planning.

BankingFinanceFinancial Services

Responsibilities

Manages more complex relationships in accordance with the terms of the nominating instrument and in a manner consistent with the needs of principals, beneficiaries, etc

Develops new business

Ensures that the wishes and instructions of principals and donors are carried out in investments and distributions

Resolves problems brought by principals, beneficiaries, and others such as requests for special distributions or planning and approving necessary expenditures for care and maintenance

Provides clients with information and assistance regarding investment management, statements of accounts, taxes and remittances

Represents the company at meetings of boards of directors and investment or management groups related to businesses or charitable institutions for which the trust department provides a service

Participates in department administration by recommending changes in procedures and policies, and reviews documents and nominates instruments to determine acceptability to the company

Regular and predictable attendance is an essential requirement of the position

Responsible for the completion of all compliance training related to the position

Must understand all applicable laws and regulations that apply to the position and complies with the requirements

Coordinates education and referrals to non-trust areas

Performs all other duties as assigned

Qualification

Trust administrationFinancial advisory servicesRelationship managementInvestment managementAnalytical skillsCompliance knowledgeProblem-solving skillsProfessional demeanorProactive initiativeWritten communicationVerbal communicationTeam playerAttention to detailIntegrity