Trust Officer

Overview:

H.M. Payson is seeking a dedicated Trust Officer, a crucial role that plays a significant part in our team's success.

About the Role

· Administers assigned accounts in accordance with fiduciary responsibilities as trustee and policies and procedures

· Possesses technical fiduciary knowledge in the areas of law, tax, fiduciary investing, regulation, compliance as well as estate planning

· Interprets the governing instrument and applicable law to establish account records

· Summarizes pertinent provisions of trust documents

· Communicates with beneficiaries and co-fiduciaries to outline administrative procedures

· Maintains contact with clients and advisors to discuss terms and specifications of the will and/or trust

· Responds to client and advisor issues and anticipate needs

· Prepares for and participates in client meetings with the Advisor

· Responds to requests from beneficiaries for discretionary distributions; and presents such requests to the Fiduciary Services Committee, if applicable

· Responsible for knowing the clients extended family and younger generations, when appropriate, to build deep multigenerational relationships

· Builds relationships and expands referral network with centers of influence to grow connection to region and develop more referral sources

· Acts as liaison with key stakeholders - clients, advisor, attorney, accountant, and other professionals, as required

· Completes trust administrative reviews, based upon established review schedule

· Reviews fiduciary income tax returns and tax estimates for assigned accounts

· Reviews account, identifies potential issues and present to Fiduciary Committee

Education, Skills, and Experience Requirements

• Possess 3 years of directly related experience in Personal Trust administration

• Bachelors Degree in business or related field of study

About H.M. Payson

Since 1854, HM Payson has earned and sustained the trust of individuals, families, institutions, and municipalities by pursuing each client’s best interest with independence, integrity, and discipline. We value diversity and are committed to creating an inclusive and supportive workplace.

To Apply

If you’re passionate about the investment industry and eager to contribute to our team, we’d love to hear from you.

Please email your resume to bkg@hmpayson.com.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Retirement plan

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Ability to Commute:

• Portland, ME 04101 (Required)

Work Location: In person