Trust Administrator Jobs in New York
A Trust Administrator in the banking industry is responsible for managing trusts, estates, and investment accounts, following the specifications within the trust agreement. This professional liaises with beneficiaries and other interested parties, ensuring all transactions are completed accurately and promptly. They may also conduct regular reviews of the trust agreements to verify the adherence to laws and regulations. Trust Administrators may assist in estate planning, tax strategies, and wealth transfer, offering clients invaluable financial advice and solutions.
Trust Administrators should possess strong analytical, communication, and organizational skills. They should be detail-oriented and have a comprehensive understanding of trust and estate law, financial planning, tax law, and investment strategies. As for certifications, many employers prefer candidates with Certified Trust and Financial Advisor (CTFA) certification, which indicates a high level of competency in trust administration. Prior to becoming a Trust Administrator, individuals often gain experience in roles such as Trust Associate, Trust Officer or Legal Assistant. A background in law, finance, or accountancy is typically required.
Job Title: Trust Administrator Reports to: Financial Services Assistant Vice President FLSA Status: Non-Exempt Salary Grade: NE18 Supervisory Responsibility: No SUMMARY: The Trust Administrator is responsible...
This individual participates in the collaborative and team-centric approach to client servicing across the Wealth Management division....
Tasks Performed: 20% Analyzes and interprets testamentary and intervivos instruments and applies conclusions in the administration of trusts and estates, consulting with senior trust administrators...
Manage the new account opening process including reviewing all critical forms and documents, and ensuring proper trust funding, account opening with correct coding regarding statements, proxies, investments...
Wealth Management Solutions, Trust & Estates, Trust Officer - VP
- Rochester, NY
- 20 days ago
- Rochester, NY
- 20 days ago
maintenance, account opening/closing, Investment Systems and Annual Reviews, and management of overdrafts - is a plus Client Relationship Management Trust Officers must develop relationships with beneficiaries...
Wealth Management, Trust & Estates, Trust Officer, Executive Director
- New York, NY
- 21 days ago
- New York, NY
- 21 days ago
Knowledge of internal procedures involving discretionary distributions, account maintenance, account opening/closing, AAR and ARP process, and management of overdrafts - is a plus....
Demographic Data for New York
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Trust Administrator Online Courses and Training Opportunities
Salary for Trust Administrator Jobs in New York
Required or preferred licenses and certifications for Trust Administrator positions.
Highest Education Level
Trust Administrators in New York offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Trust Administrator position
- Account Opening
- Lending
- Nationwide Mortgage Licensing System & Registry
- BSA
- Commercial Banking
- Account Maintenance
- Know Your Customer
- Automated Clearing House
- Private Banking
- OFAC
- Cross Selling
- Credit Analysis
- Mortgage Processing
- Wealth Management
- Financial Services
- Anti-Money Laundering
- Capital Markets
- Service Standards
- Investment Banking
- Investment Management
- Account Reconciliation
- Portfolio Management
- Financial Planning
- Taxes
- Risk Analysis
- Client Services
- Resolution
- Real Estate
- Referrals
- Relationship Management
- Strategy Development
- Risk Management
- Closing
- Finance
- Collections
- Business Development
- Accounting
- Process Improvement
- Customer Relations
- Written Communication
- Documentation
- Mentoring
- Bachelor's Degree
- Reporting
- Sales
- Regulations
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Organization
- Research Skills
- Scheduling
- Leadership
- Communication Skills
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