VP, Corporate Trust Administrator

About the role

Responsible for the day-to-day administration of a portfolio of corporate trust accounts and a variety of associated trust functions.

Responsibilities

• Administers municipal bond issues and other types of fiduciary accounts as assigned.
• Reviews new corporate accounts as assigned.
• Participates in business development activities, which include soliciting and acquiring new escrow, custody, paying agent and trustee business relationships for the Bank.
• Serves as backup to Corporate Trust EVP and provides additional oversight relative to Corporate Trust Operations.
• Prepares and presents internal reports.
• Corresponds, communicates, and meets with clients.
• Establishes effective relationships with fellow employees to maximize business development potential.
• Compiles reports for State Board of Finance and other external examiners annually.
• Responsible for FAST Cab inventory semi-annually and vault inventory quarterly.
• Responsible for the following monthly: DS Statements, Reviewing Alerts and implementing appropriate actions, Debt Service payment letters, Completing IRS Form 8038-CP, UCC Filings, Client Point Letters as needed.

Qualifications

• Bachelor's degree in business, finance, accounting required, economics, banking, or an equivalent combination of education and experience, required.
• Minimum 6 years of experience in corporate trust, public finance, fiduciary administration, wealth management, commercial banking, or related financial services, required.
• Trust school certification, preferred.
• This position may require access to certain confidential information and areas of the Bank. Successful completion of a post-offer enhanced criminal background screening including fingerprinting is required.

Skills

• Knowledge of trust frameworks, financing arrangements, fiduciary accounting and associated transaction documents.
• Ability to work in a team environment.
• Ability to maintain confidentiality.
• Ability to travel on Bank business.
• Ability to demonstrate attention to detail and maintain quality and accuracy of work products.
• Ability to demonstrate sound judgment in identifying transactions/circumstances requiring special attention.
• Ability to communicate effectively both verbally and in writing.
• Ability to demonstrate initiative to accomplish work objectives.
• Ability to work effectively and demonstrate flexibility in a continually changing environment.
• Ability to demonstrate effective organization, critical thinking, analytical, and problem-solving skills.
• Ability to manage multiple tasks with exacting deadlines in a fast-paced environment.
• Ability to work without close supervision.
• Ability to demonstrate effective customer service skills.
• Ability to work extended hours to accomplish work goals.
• Skill in using computer and Microsoft Office, including Word, Excel, PowerPoint and Outlook.

Benefits

• Generous PTO
• 401(k) matching
• Health, dental, vision, and pet insurance
• Special perks and discounts

Pay & Schedule

Operating customary equipment and technology used in a business environment, with or without accommodation. Extended hours may be required to accomplish work goals.

This response is AI-generated, for reference only.