VICE PRESIDENT & TRUST OFFICER

Description

SUMMARY

The position of VP / Trust Officer, Wealth Management Group is responsible for Trust administration.

These duties will be performed in accordance with established policies and procedures, and this individual assures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.

ESSENTIAL DUTIES

1. Personal Trust & Estate Administration: Counsel prospective customers as to their needs and financial planning to determine what type of trust may best suit their objectives. Carry out the terms of the trust agreement; invest assets, make payments and distributions and interpret the terms of the trust document. Keep accurate records and provide regular accountings.
2. IRA Administration: Administer individual retirement accounts, both directed and managed. Monitor required minimum distributions. Monitor distributions for tax reporting.
3. Work with investment manager on investments; recommending asset allocation portfolios for plan and individuals.
4. Marketing: Make calls to prospective clients. Prepare presentations and performing. Work referrals as assigned.
5. Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
6. Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action. 
7. Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities.
8. Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions.  The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.

SECONDARY DUTIES

The position of VP / Trust Officer, Wealth Management Group performs duties specific to the position and other functions as assigned.

SUPERVISORY RESPONSIBILITY

The position of VP / Trust Officer, Wealth Management Group has no supervisory responsibilities.

ENVIRONMENT AND PHYSICAL ACTIVITY

The employee is in a non-confined office-type setting in which he or she is free to move about at will.  The position includes driving a Bank or personal owned vehicle approximately 5% of the time which includes exposure to the outside weather elements and moving mechanical parts.  It may include some minor annoyances such as noise, odors, drafts, etc. 

Occasional travel may be required to attend in-state and potentially out-of-state schools and/or seminars.

The employee in the course of performing this position spends time writing, typing, speaking, listening, lifting (up to 25 pounds), carrying, seeing (such as close, color and peripheral vision, depth perception and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling and reaching.

The employee for this position may operate any or all of the following: telephone, cellular telephone, beeper, copy and fax machines, adding machine (calculator), check protector, microfilm equipment, encoder, money counter, credit card terminal, typewriter, computer terminal, personal computer and related printers.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  

MENTAL DEMANDS

The employee in this position must be able to accommodate to reading documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, training, multiple concurrent tasks, and constant interruptions.

Qualifications

MINIMUM REQUIREMENTS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position.  The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner.  Individual abilities may result in some deviation from these guidelines.

• Bachelor’s Degree from an accredited institution or equivalent. 
• 3–5-year Trust/Estate administration experience
• Excellent knowledge of related state and federal banking compliance regulations, and other Bank policies.
• Proficient skills in computer terminal and personal computer operation; mainframe computer system; word processing, spreadsheet and specialty software programs, specifically Excel and Word.
• Excellent oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and employees.
• Basic typing skills to meet production needs of the position.
• Ability to work independently with minimal supervision.
• Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
• Good organizational and time management skills.
• Current Arkansas driver's license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.