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Tri-Star Trust · 3 days ago

Trust Bank Associate

Lansing, MI

Full-time

Onsite

New Grad, Entry Level

Tri-Star Trust is a wealth management firm focused on providing personalized financial solutions to high-net-worth individuals and families. They are seeking a detail-oriented Trust Bank Associate to manage ongoing trusts and oversee the needs of beneficiaries and estate settlements.

BankingFinanceFinancial Services

Hiring Manager

Laura Riffel

Responsibilities

Prepare essential documents to open, close, transfer, and maintain accounts

Maintain appropriate and continuous trust accountings

Prepare communications for and participating in Trust Acceptance Committee meetings

Review and analyze trust documents, amendments, and restatements

Aid in regulatory compliance by completing necessary Regulation 9 reviews, ensuring all documentation is accurate and compliant

Maintain communication with clients and beneficiaries. Facilitate estate and client transactions, including bill payments, ACH/Wire transfers, and cash disbursements

Communicate with outside attorneys, banks, government entities, and other third parties to maintain legal compliance and move assets when required

Document and complete the estate settlement checklist for relevant estates

Create, enhance, and expand client and beneficiary relationships

Travel to real estate locations, banks, and government entities for trust administration when required

Work with team members to create and implement new trust policies, processes, and procedures to help continue the ongoing growth of the department

Other duties as assigned