24 days old

Trust Administrator II

Advisor Group
Las Vegas, NV 89101
  • Job Code
    00923005282
Premier Trust Opportunity in Financial Services

Trust Administrator II

Location: 4465 S. Jones Blvd, Las Veg as, NV 89103

1 E Liberty Street, Reno, NV 89501

Summary:

We are seeking a Trust Administrator II to join the team within Premier Trust, a member of Advisor Group. The Trust Administrator is responsible for the basic administration of assigned accounts. Our selected candidate will represent the company in business activities and contacts with customers, outside professionals and beneficiaries relating to these accounts. This position will have discretionary distribution approval based on Board approved levels. The Trust Administrator II assures compliance with all policies and procedures governing trust functions, as well as all applicable state regulations. Additionally, the position of Trust Administrator may be responsible for one employee.

This individual may report to either our Reno or Las Vegas location.

Responsibilities:

  • Administrates 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 persons, agencies, and organizations that have an interest in any aspect of an account.
  • Maintain an awareness of new business opportunities and advise or consult with other officers on details of proposed plans and communicate information to marketing administrator for follow up.
  • Assists in analyzing the need of funds according to conditions of trust needs of beneficiary.
  • Coordinate and review the preparation for filing federal and state tax returns for trusts.
  • Establish and maintain client data.
  • Initiate and/or assist in the funding on new accounts.
  • Interacts frequently with subordinates, peers and functional managers.
  • Operates personal computer and all necessary programs to obtain and process data.
  • Maintains strict confidentiality of all records and data received and produced.
  • Answers telephones, emails, answers questions and directs callers to proper personnel.
  • Responsible for compliance with all company policies, state laws and regulations.
  • Complies with Bank Secrecy Act ("BSA"), OFAC Anti-Money Laundering ("AML"), and USA PATRIOT ACT policies, procedures, by properly verifying the identity of any person/business an account, maintaining records of the information used to verify each costumer and consulting lists of known terrorists before opening an account.
  • Complies with the compliance policies and procedures.
  • Ensures that proper risk-rate customer as outlined in the Customer Identification Program.
  • Report any customer suspected of suspicious activity immediately to the BSA/Compliance Officer.
  • Participate in required annual BSA/AML/OFAC and Compliance training.
  • Understands business implications of decisions; displays orientation to profitability, aligns work with strategic goals.
  • Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce.
  • Responsible for timely and accurate preparation of initial and annual trust reviews.
  • Responsible for preparation and submission of discretionary request to TAC committee.
  • Stays current regarding regulatory rulings and enrolls in CE courses if needed.
  • All other duties as assigned.

Education Requirements:

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

Basic Requirements:

  • Minimum 2 years of related Trust Administration experience
  • Intermediate knowledge of related state trust compliance regulations, and other trust operational policies.
  • Intermediate knowledge of trust policies and procedures, and trust products and services.
  • Intermediate skills in and personal computer operation; word processing, spreadsheet (e.g., Microsoft Word, Excel etc.) programs.
  • Typing skills to meet production needs of the position.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Effective organizational and time management skills.
  • Ability to work with minimal or no supervision while performing duties.
  • Demonstrates sensitivity to deadlines and ability to multi-task.
  • Ability to work independently and with a team.
  • Ability to delegate tasks when necessary.
  • Ability to deal with routine to difficult problems involving multiple facets and variables in non-standardized situations.






Posted: 2020-10-05 Expires: 2020-11-03
Sponsored by:
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Sponsored by:
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Trust Administrator II

Advisor Group
Las Vegas, NV 89101

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