Trust Officer

About the role

Bank of Marin is seeking an experienced Trust Officer to join our Wealth Management & Trust team. This role is responsible for managing and growing a portfolio of fiduciary and agency relationships while delivering exceptional service to clients, beneficiaries, and professional advisors. As a Trust Officer, you will serve as a trusted advisor to high-net-worth individuals, families, trusts, and estates, providing fiduciary oversight, relationship management, and coordination of comprehensive wealth management solutions.

Responsibilities

• Relationship Management
  • Serve as the primary relationship manager for a portfolio of trust, agency, investment management, and custody accounts.
  • Develop and maintain strong relationships with clients, beneficiaries, attorneys, CPAs, and other professional advisors.
  • Deliver proactive, high-touch service and address client needs in a timely and professional manner.
  • Conduct ongoing client reviews and identify opportunities to deepen relationships and enhance the client experience.
• Trust & Fiduciary Administration
  • Administer trust, estate, and agency accounts in accordance with governing documents, fiduciary standards, and applicable laws and regulations.
  • Interpret trust agreements, wills, and related legal documents.
  • Review and coordinate distributions, transfers, account transactions, and other fiduciary activities.
  • Partner with internal and external experts on trust, estate, tax, and legal matters.
  • Identify and mitigate fiduciary, operational, compliance, and reputational risks.
• Investment Oversight
  • Participate in annual administrative and investment account reviews.
  • Coordinate with portfolio managers and investment professionals to ensure client portfolios remain aligned with objectives and risk tolerance.
  • Review investment performance and client circumstances and assist with implementing appropriate changes when needed.
• Business Development
  • Develop new trust and wealth management business through referrals, networking, and community involvement.
  • Participate in meetings with prospective clients and centers of influence.
  • Collaborate with partners across the Bank to identify opportunities and deliver comprehensive financial solutions.
  • Support achievement of department growth, revenue, and asset goals.

Qualifications

Required Qualifications

• Bachelor's degree in Business, Finance, Accounting, Economics, or a related field, or equivalent combination of education and experience.
• Five (5) or more years of experience in trust administration, fiduciary services, private banking, wealth management, estate administration, or a related financial services role.
• Experience managing client relationships and administering fiduciary accounts.
• Strong understanding of fiduciary principles, trust administration, estate settlement, and investment management concepts.
• Excellent communication, relationship-building, and client service skills.
• Strong analytical and problem-solving abilities.
• Proficiency in Microsoft Office Suite.

Preferred Qualifications

• CTFA (Certified Trust and Fiduciary Advisor) designation.
• Additional professional certifications such as CFP®, CFA®, CPA, or JD.
• Business development experience and an established professional network.

Pay

The hiring pay range for this position is $99,487 - $146,615. In addition to the pay range listed, all bank positions are eligible for incentive compensation, which varies based on role. The pay rate for a successful applicant depends on a variety of factors including but not limited to geographic location, work experience, education, and/or skill level.

Benefits

• Competitive compensation and comprehensive benefit programs including medical, dental, and vision.
• 401K, profit sharing, and employee stock ownership plans.
• Tuition reimbursement.
• Employee volunteer program.