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Osaic · 2 days ago

Trust Officer Team Lead VP

Henderson, NV

Full-time

Hybrid

Mid, Senior Level

$83K/yr - $111K/yr

5+ years exp

Osaic is seeking a detail-oriented Senior Trust Officer to join the team within Premier Trust. The Senior Trust Officer is responsible for the administration of assigned complex accounts and will provide leadership, training, and support to less experienced trust officers and other staff members while ensuring compliance with all policies and procedures governing trust functions.

Business DevelopmentFinancial ServicesWealth Management

No H1B

U.S. Citizen Only

Responsibilities

Administer accounts in accordance with the terms of the governing instrument and in a manner consistent with the needs of principals, beneficiaries, and remaindermen

Contact or correspond with individuals, agencies, and organizations that have an interest in any aspect of an account

Coordinate, review the preparation and filing of federal and state tax returns for trusts

Submit discretionary requests, both investments and distributions, for committee approval

Pay trust expenses and maintain client data

Consult with client’s attorney from administrative perspective on drafting legal documents specifying details, conditions, and duration of trust

Initiate and/or assist in the marshalling and funding of new accounts

Interact frequently with co-workers, peers, and functional managers

Answers telephone and potential corresponding questions and directs callers to proper personnel

Comply with all applicable company policies, state laws and federal laws and regulations

Report any customer suspected of suspicious activity immediately to the BSA/Compliance Officer

Participate in required annual BSA/AML/OFAC and Compliance training

Follows policies and procedures; completes administrative tasks correctly and on time; supports the company goals and values; benefits the company through outside activities

Qualification

Trust AdministrationState Trust ComplianceTrust PoliciesProceduresMicrosoft OfficeAdvanced Math SkillsLeadership ExperienceTraining SkillsDelegation SkillsInterpersonal CommunicationOrganizational SkillsTime ManagementMentoring SkillsProblem SolvingWritten Communication

Required

Bachelor's degree preferred, high school diploma (or equivalent) in combination with six or more years of related experience or equivalent will be considered in lieu of degree. Minimum of high school diploma or equivalent is required

Five or more years of related experience in the trust industry and/or training or the equivalent combination of education and experience. Work related experience must consist of Trust Administration experience in the financial services industry. Educational experience, through in-house training sessions, formal school, or financial industry related curriculum, should be business or financial industry related

Advanced knowledge of related state trust compliance regulations, and other trust operational policies

Advanced knowledge of trust policies and procedures, and trust products and services

Must be proficient in utilizing various software packages including Microsoft Office, Outlook, Power Point and Excel

Previous experience with leading teams and knowledge of human resources laws and policies

Advanced math skills to calculate interest and balance accounts, but not limited to the ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals. The incumbent must also possess the ability to compute rate, ratio, and percent, including the drafting and interpretation of bar graphs

Ability to provide leadership, supervision and training for department using positive supervisory techniques to ensure maximum productivity; demonstrated ability in delegation skills

Advanced oral, written, and interpersonal communication skills, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees

Ability to define problems, collect data, establish facts, and draw valid conclusions

Advanced organizational and time management skills

Ability to work with no supervision while performing duties

Current state issued driver's license and a vehicle with appropriate insurance coverage if required in the course of performing assigned duties and responsibilities

Ability to mentor and train less experienced staff

Focus on achieving and rating personal goals and those of subordinates