What are the responsibilities and job description for the Trust Advisor I - Waco position at Extraco Banks?
Summary :
Administration of Personal Trust, Family Trust and Estates. Develop relationships with the clients and ensures client satisfaction. Oversee profitability, risk management, legal and compliance issues. Pursue and develop new relationships with clients. Experience : Minimum of three (3) years working experience in a Trust Advisory role. Background in Finance, Accounting, or law are a plus. Experience in Employee Benefits / ERISA Plans is a plus. Reasonable math and accounting skills. Strong PC skills (proficient knowledge of MS Word, Excel, and PowerPoint). Knowledge requirements, i.e. skills, abilities, personal characteristics : Trust and general investment knowledge along with excellent interpersonal, verbal and written communication skills. Advanced level of performance, requiring minimum supervision. Well-developed analytical and problem-solving skills. Responsibilities and Duties :
- Managing a book of trust and agency clients and client requests
- Prospecting for new business with contacts and Centers of Influence
- Monthly client Investment reviews, Annual Reg 9 compliance reviews, and 90 Initial Account opening reviews
- Common Trust Fund management
- Managing tax reporting process for clients
- Joint Sales Calls with other areas of the bank for new clients
- Money Guide Pro financial plans for clients / prospects
- Cash management for clients
- Participate in audit process when necessary
- Bank training as required
Qualifications :
Bachelor's degree required, Masters level degree in Finance, Accounting, etc. or JD, MBA or CPA a plus. Training Expectations : Texas Bankers Association Wealth & Trust School, and Graduate Trust School, or ABA equivalent. Systems training for Maui. Investment training with Dimensional Fund Advisors.
Extraco provides excellent benefits and competitive compensation.
