What are the responsibilities and job description for the Trust Associate position at Norway Savings Bank?
For The Life You Choose, A Career to Match….
Here at Norway Savings Bank, we strive to create a positive, team-based culture that leverages each person’s unique gifts and strengths and offers the support to achieve great things. A place where your unique being shines through.
If this sounds exciting to you, we would love to have you on our team!
Are you ready to take the next step in pursuing your financial career?
Are you looking to work closely with senior professionals to grow your knowledge and skillset?
Join our dynamic Asset Management Group as a Trust Associate!
In this role you’ll work out of our Congress Street office and will support the AMG officers in their day-to-day administration and service of management accounts, trusts, endowment funds, charitable accounts and retirement accounts.
Essential Pieces of the Position:
- Answers client inquiries on a timely basis by applying a thorough knowledge of the trust accounting system.
- Maintains a high level of communication with clients and prospects.
- Complies with established policies and procedures for all aspects of trust/asset management services.
- Prepares all cash work, including paying bills, transferring funds to and from NSB and non-NSB client accounts. Communicates with Outsourcing Provider to assure cash work is completed in a timely manner.
- Opens new accounts, including setting up accounts on the trust accounting system, establishing account files, preparing and submitting reports to TMIC following procedures for opening new accounts.
- Closes accounts, including notifying Outsourcing Provider, preparing and submitting reports to TMIC and following procedures for closing accounts.
- Collects, prepares and distributes monthly TMIC meeting materials and quarterly Trust Committee meeting materials.
- Prepares weekly reports for department staff.
- Supports and maintains the AMG section of The HUB.
- Organizes client events by mailing invitations and tracking responses.
- Acts as Project Manager for AMG when needed.
- Maintains the AMG scans folder on a weekly basis.
- Performs general administrative duties in the areas of mail, correspondence, phone calls and record keeping.
- Actively participates in community organizations and events, representing the bank in the community.
Our Candidate Must Have:
- Bachelor’s degree or ABA Personal Trust Diploma or related financial experience.
- Minimum of 3-5 years trust administration or related financial experience.
- Strong computer skills, with specific experience in word processing, spreadsheet and presentation applications.
- Good organizational skills with a high level of attention to detail.
- Excellent communication and client management skills.
Benefits:
- 120 hours of paid time off per year, increasing with longevity
- 56 hours of paid sick time per year, increasing with longevity
- 11 paid holidays
- Top tier full insurance benefits
- 401K with exceptional employer matching and contributions
- Tuition reimbursement
- Employer HSA contributions
- Comprehensive Wellness Program with access to complimentary Heath Coaches, on-site gyms, and monetary incentives for reaching your wellness goals
- A hands-on team that is committed to the growth and success of our employees!
Working Conditions:
Physical surroundings are generally pleasant and comfortable with minimal exposure to injury or other hazards.
Minimal physical effort required; normally seated with freedom of movement on a regular basis; handling of light materials and supplies.
**External and internal applicants, as well as position incumbents who are or who become disabled as defined by the Americans with Disabilities Act must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis.**
