Trust Associate

Description

Who we are!

FNBC Bank & Trust is a locally owned bank and wealth management company with a 100-year history of providing financial services, support, and leadership to our clients and communities throughout the Chicago metropolitan area. We offer a full range of personal banking, commercial banking, lending, trust, and wealth management services. We are locally owned and locally managed. Our independence is an advantage for our clients – it gives us the flexibility to tailor creative solutions for specific needs.

Our main office along with our Wealth Management building are in LaGrange, Illinois, across the street from the historic Stone Avenue train station, making it an easy commute from Chicago and the near-west suburbs via the Metra West BNSF train line. We also have branch offices in Western Springs and West Chicago.

Our Wealth Management team helps individuals, families, business owners, and nonprofit organizations make better financial decisions. We oversee more than $1 billion in client assets where we serve as trustee, executor, guardian, investment manager, and custodian. Our service mission is to lead with a customer-first mindset and provide personalized services to our clients.

What you will do!

You will provide proactive administrative and client service support to Trust Officers and their wealth management accounts by handling the day-to-day management and account administration. Your day will consist of responding to client inquiries, transaction processing, establishing, and maintaining accounts, overseeing activities, account opening and closing, file maintenance, reporting, and handling routine correspondences.

You will work with Portfolio Managers on cash needs, plans for distributions, and investment objectives during the period of administration.

You will adhere to Bank policies, procedures, and best practices, along with all State and Federal rules and regulations.

How you will do it!

• Administer the set-up, implementation, and administration of client accounts.
• Coordinate account administration including record keeping and overseeing transaction processing.
• Prepare documentation necessary to open and close accounts.
• Assemble client profiles and investment policy statements.
• Handle client requests and resolve outstanding issues.
• Read and interpret basic trust agreements and documents.
• Gather new business assets and work with operations group to transfer and book assets.
• Process recurring and non-recurring disbursements and deposits with proper coding.
• Compile guardianship accountings pursuant to county standards.
• Communicate with clients, prospective clients, attorneys, accountants, third parties, and centers of influence.
• Greet visiting clients and professionals.
• Assist in the organization of departmental events.
• Other duties, projects, and training as assigned.

Qualifications

Qualifications you will need!

• Bachelor’s degree or equivalent education and / or experience.
• Solid background in Excel, Word, and PowerPoint.

It would be great if you have!

• Educational or employment background as a paralegal or in trust, law, banking, finance, or related field.

What you will get!

• Full benefits including health insurance, retirement plan, and generous paid time off.
• An environment where you will be valued as an individual and given the opportunity to grow professionally.

Our mission is to focus on our customers, help them achieve their financial goals, and to invest in our local communities. FNBC Bank & Trust is an EEO/ AA/ VET/ Disability employer.