Trust Associate
About the Company
D.A. Davidson Companies is an independent, employee-owned company with a rich history spanning 90 years. We are dedicated to conducting our business in accordance with the highest standards of integrity and ethics, and delivering outstanding service to our clients and each other. We support a friendly, open, and supportive culture, encouraging candid communication and productive engagement. Just as we work to improve our clients’ financial well-being, we also work to strengthen local communities—and giving back is one of our core values.
About the Role
Provide trust administration and research support to Trust & Fiduciary Advisors on the D.A. Davidson Trust Company team. Perform various administrative duties, foster quality client relationships, and support relationships with Financial Professionals of the D.A. Davidson & Co. This position may support one Trust & Fiduciary Advisor or a group of Trust & Fiduciary Advisors.
Responsibilities
- Support Trust & Fiduciary Advisor(s) in the delivery of trust services, including facilitating all transactional activity in the account and directing disbursement of funds according to the governing document and/or court order.
- Ensure that the investment objectives defined in the governing document are met.
- Proactively identify issues and take preventative action.
- Review and maintain daily reports and other periodic forms; monitor and identify overdrafts; resolve and follow through to completion.
- Work with Trust & Fiduciary Advisors to support the opening and closing of accounts through D.A. Davidson Trust Company’s established processes; ensure these actions are completed accurately and timely.
- Allocate, coordinate, and monitor account investments with the assigned investment manager to ensure adherence to the terms of the account and fiduciary responsibilities.
- Adhere to all risk management duties, including supporting the completion of annual administrative and investment reviews, overseeing retention and proper filing of client documentation, and active participation in internal/external audits.
- Comply with all policies related to the management of unique assets held within assigned accounts.
- Provide backup support to Trust Associates and Trust & Fiduciary Advisors when they are away from the office.
- Perform any other duties and special projects as assigned.
Requirements
- High School diploma and/or equivalent work experience; Associate or Bachelor’s Degree a plus.
- Effective communication skills, both verbal and written.
- Proven analytical ability and detail orientation with the ability to manage client and firm priorities.
- Strong computer skills, currently Microsoft Suite of products, and ability to learn proprietary bank platforms and software.
- Ability to maintain client confidentiality.
- Ability to work effectively as part of a team.
- Ability to maintain regular, predictable attendance; ability to work overtime if needed.
Benefits
- Competitive salary.
- Medical, Dental, and Vision coverage.
- Company 401(k) and ESOP contribution.
- Generous sick, vacation, and maternity/parental leave.
- Paid holidays.
- Professional Development Opportunities.
- Tuition Reimbursement ($15,000 lifetime cap).
- Discounted personal insurance including home, auto, and recreational vehicles.
- Davidson Day of Giving - a tradition of positively impacting communities in which we live and work.
Pay
The potential base pay hiring range for this role is $23.00 - $27.00 per hour. The compensation offered will be determined on a case-by-case basis considering factors such as skills, relevant work experience, and geographic location.