Trust Officer – Trident Trust

JOB TITLE – TRUST OFFICER 

Location: Sioux Falls, South Dakota

Trident Trust is a global corporate, fiduciary, and fund services provider, spanning 25 countries and over 1,000 staff. Our Trident Trust Sioux Falls, South Dakota office is currently seeking to hire a Trust Officer. The Trust Officer will report directly to the Director(s) of Trust and Fiduciary Service. In their absence, the General Manager, or other senior manager within the office, will provide management, instruction and guidance.

The Trust Officer will be directly responsible for the training, development, management and oversight of a small team of Trust Administrator(s) and/or Trust Administrative Assistant(s), as assigned to their team. The Trust Officer will provide clients with expert advice on trust and estate matters, creating and overseeing trusts under the terms of the governing trust documents. This role will participate in the new hire process as well as the Annual Performance Reviews for Trust Administrators. Trust Officers are responsible for knowing and following all company policies and procedures and to use that information for participation in department meetings.

Role & Responsibilities:

  • Review, complete, and present discretionary requests to Trust Administration Committee.

  • Review, complete and approve daily transactions and follow-up to ensure accurate processing and escalate any issues to compliance/management.

  • Ensure outside Tax preparation procedures are followed and completed.

  • Participate in conversations with Internal Auditors, SD Division of Banking, and other regulators and examiners along with the preparation and review of any deliverables.

  • Administer a portfolio of key clients including some complex structures

  • Administer a variety of asset classes held within entities

  • Ensure all projects are completed in a timely fashion.

  • Ensure account files are kept up to date.

  • Review and complete annual administration reviews, risk reviews, investment reviews and other reviews as deemed necessary.

  • Review and complete account closing/termination package.

  • Review and complete forms for additions/revocations of assets.

  • Responsible for all aspects of Trust administration and ongoing relationship management.

Minimum Qualifications:

  • Bachelor’s degree in business, accounting, finance, legal or another relevant field.

  • 3-5 years working in trust administration/management or combination of education and experience.

  • Experience with state and federal compliance laws and practices as related to trust accounts i.e., BSA/AML.

  • Proficient in Microsoft Office Suite, Adobe, cloud-based software, and willingness to learn new programs.

  • Experience managing or instructing others, training personnel, writing reports, correspondence, and procedures.

Preferred Qualifications:

  • Read, analyze, and interpret general business periodicals, professional journals, and technical procedures.

  • Bilingual a plus (Mandarin or Spanish).

  • Strong, professional, verbal, and written communication skills.

  • Excellent organizational and time management skills with an innate attention to detail.

  • Flexible and comfortable dealing with variable workload, frequently dealing with several ongoing matters, at the same time.

  • A sound understanding of various asset classes.

  • Share pertinent issues and resolutions with trust administrators, management, and office, to facilitate communication within the office.

  • Ability to be self-directed and delegate, as appropriate.

In addition to the above essential duties and responsibilities, this role includes other duties as assigned. This job description is not intended to be all-inclusive, and the employee will also perform other reasonably related business duties This job description does not constitute a written or implied contract of employment.

Compensation:

An attractive compensation package is available and will be based upon the successful candidate’s relevant experience and overall suitability for the position.

EQUAL EMPLOYMENT OPPORTUNITY

Trident Trust provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Send resumes to: TFSIJobs@tridenttrust.com

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