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National Advisors Trust · 6 hours ago

Senior Trust Officer

Leawood, KS

Full-time

Onsite

Senior Level, Lead/Staff

$100K/yr - $170K/yr

8+ years exp

National Advisors Trust is committed to simplifying and democratizing trusts to help families create enduring legacies. The Senior Trust Officer will manage a team of trust officers and oversee the administration of trust accounts for strategic clients, ensuring compliance and excellence in service delivery.

CrowdfundingFinancial ServicesInformation Technology

Responsibilities

Review and administer trusts in accordance with the document and governing statutes

Analyze and research issues for investment advisors, as required

Review account documentation and ensure compliance with all laws, regulations, and internal policies

Prepare new account openings by reviewing trust instrument and all necessary documents

Correspond with prior trustees to ensure all proper documentation and information is received to ensure administrative continuity

Prepare instructions and coordinate with Operations to arrange for delivery of assets from prior custodians

Prepare and review funding agreements on splitting trusts and trusts resulting from settlement

Initiate, prepare, review, and supervise account closing documentation and processing with Operations

Prepare Receipts, Releases and Indemnification Agreements (RRIs) and Proposed Distribution Schedules, as needed. Coordinate and follow-up with Operations to ensure proper delivery of assets

Coordinate and act as liaison with investment advisors as necessary to complete annual administrative review, including but not limited to investment policy statements, beneficiary information and unique asset valuations

Conduct initial and periodic administrative account reviews on all trusts to review risk level, profitability, ensure compliance with governing documents, state law, tax requirements, and proper system coding

Process and coordinate fiduciary actions including discretionary distributions, document interpretation, tax compliance, and account maintenance on trust accounting system

Coordinate tax preparation, engagement letters, communication with CPAs, track, review and file tax returns, process tax payments, and process tax preparation fees

Prepare Crummey Notices and other required correspondence, requests, reports, etc

Maintain all fiduciary and administrative documents and history in an image-based document management system and CRM for each trust relationship for administrative management and continuity

Stay current regarding any developments in National and South Dakota trust law and communicate that information to trust team at NATC and how those developments may affect trust accounts

Educate and build relationships with our client RIAs, as well as their clients and estate planning professionals

Compliance with BSA/AML/OFAC-related laws and regulations as it applies within the scope of this position, including but not limited to, prompt completion of required BSA/AML/OFAC training

Direct management responsibilities for team members

Oversee individual team member performance and career development

Additional duties and special projects as needed

Qualification

Trust administrationEstate planningFiduciary lawCTFA certificationMicrosoft OfficeAnalytical skillsCommunication skillsAttention to detailTeam management

Required

Undergraduate degree; JD preferred

CTFA, CFP, AEP, JD, or CPA (or 6 months away from obtaining certification)

A minimum of eight (8) years' experience in personal trust administration and estate planning, experience in a directed trust environment preferred

Strong knowledge of fiduciary law, trust administration, and estate planning, coupled with problem solving and perseverance to bring challenges to resolution

Must be able to work in a risk-based culture and to identify legal and compliance issues

Microsoft Office applications (Word, Excel, Outlook, CRM, and PowerPoint)