Midwest Trust Company
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Human Resources | Insurance | Risk Management Professional
Trust Officer As a Trust Officer for Midwest Trust Company, you will play a crucial role in managing and administering trust accounts on behalf of our clients. Your expertise in trust administration, fiduciary responsibilities, and client relationship management will ensure the effective execution of trust services while maintaining compliance with legal and regulatory requirements. Midwest Trust Company is a full-service wealth management institution offering complete trust services in the areas of personal trust administration, estate planning, investment management, retirement and investment planning, and profit sharing and 401(k) programs. Midwest Trust Company was founded in 1993 and is headquartered in Overland Park, Kansas. Responsibilities:
Trust Administration : Oversee the administration of trust accounts, including establishing trusts, managing trust assets, and ensuring compliance with trust agreements and applicable laws. Client Relationship Management : Serve as the primary point of contact for high-net-worth clients, addressing their inquiries, providing guidance on trust-related matters, and cultivating strong relationships to understand their financial goals and needs. Fiduciary Duties : Fulfill fiduciary responsibilities by acting in the best interests of trust beneficiaries, making prudent investment decisions, and executing trust distributions and disbursements accurately and timely. Asset Management : Partner with Portfolio Managers to develop and implement investment strategies for trust assets in alignment with clients’ risk tolerance, investment objectives and applicable legal requirements. Risk Management : Assess and mitigate risks associated with trust administration, investment activities, and regulatory compliance, ensuring the protection of client assets and interests. Compliance : Stay abreast of regulatory changes and ensure adherence to trust laws, tax regulations, and industry standards to maintain compliance and mitigate legal risks. Documenting and Reporting : Prepare and maintain accurate trust documentation, including trust agreements, investment records, and financial reports, and provide comprehensive reporting to clients and regulatory authorities as required. Team Collaboration : Collaborate with internal Trust Experts, including Portfolio Managers, Legal and Compliance to address complex trust issues, resolve client concerns, and optimize trust administration processes. Client Assistance : Assist clients with inquiries, requests, and account maintenance. Client Coordination : Coordinate client meetings, prepare meeting materials, and assist with follow-up tasks as needed. Record Management : Maintain accurate client records and documentation. Qualifications:
Bachelor’s degree
in finance, business administration, or related field; advanced degree preferably a law degree and/or professional certifications (e.g., CTFA, CFP, CFA preferred). Experience
(3+ years) in trust administration, estate planning, or wealth management preferably within a trust company or financial institution. Knowledge
of trust laws, fiduciary responsibilities, investment principles, and tax implications related to trust accounts. Analytical skills
with the ability to assess complex financial situations and develop strategic solutions. Communication skills
for effectively interacting with clients, colleagues, and external stakeholders. Technical proficiencies
in trust administration software and Microsoft Office suite. Ethical commitment
to upholding standards, maintaining confidentiality, and delivering exceptional service to clients. Compensation
includes competitive salary and performance-based incentives. The company provides a competitive new business incentive program allowing marketing-oriented Trust Administrators the opportunity to significantly increase compensation. The position is not required to meet new annual business goals or have a marketing focus. Benefits
comprehensive top-tier health, retirement, and wellness benefits. The firm pays 100% of medical plans for individual and family minus nominal premium for spousal coverage. 401(k), profit sharing plan, paid time off, extended sick leave, and paid holidays. Professional development
opportunities. Work environment
supportive and collaborative with focus on work-life balance. Join our team at Midwest Trust Company and make a meaningful impact by helping clients achieve their financial goals through expert trust administration and personalized service. Midwest Trust Company is an Equal Opportunity Employer Seniority level
Mid‑Senior level Employment type
Full-time Job function
Customer Service, Administrative, and Finance Trusts and Estates, Investment Advice, and Investment Management Referrals increase your chances of interviewing at Midwest Trust Company by 2x Inferred from the description for this job
Medical insurance Vision insurance 401(k) Disability insurance Paid maternity leave
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Trust Officer As a Trust Officer for Midwest Trust Company, you will play a crucial role in managing and administering trust accounts on behalf of our clients. Your expertise in trust administration, fiduciary responsibilities, and client relationship management will ensure the effective execution of trust services while maintaining compliance with legal and regulatory requirements. Midwest Trust Company is a full-service wealth management institution offering complete trust services in the areas of personal trust administration, estate planning, investment management, retirement and investment planning, and profit sharing and 401(k) programs. Midwest Trust Company was founded in 1993 and is headquartered in Overland Park, Kansas. Responsibilities:
Trust Administration : Oversee the administration of trust accounts, including establishing trusts, managing trust assets, and ensuring compliance with trust agreements and applicable laws. Client Relationship Management : Serve as the primary point of contact for high-net-worth clients, addressing their inquiries, providing guidance on trust-related matters, and cultivating strong relationships to understand their financial goals and needs. Fiduciary Duties : Fulfill fiduciary responsibilities by acting in the best interests of trust beneficiaries, making prudent investment decisions, and executing trust distributions and disbursements accurately and timely. Asset Management : Partner with Portfolio Managers to develop and implement investment strategies for trust assets in alignment with clients’ risk tolerance, investment objectives and applicable legal requirements. Risk Management : Assess and mitigate risks associated with trust administration, investment activities, and regulatory compliance, ensuring the protection of client assets and interests. Compliance : Stay abreast of regulatory changes and ensure adherence to trust laws, tax regulations, and industry standards to maintain compliance and mitigate legal risks. Documenting and Reporting : Prepare and maintain accurate trust documentation, including trust agreements, investment records, and financial reports, and provide comprehensive reporting to clients and regulatory authorities as required. Team Collaboration : Collaborate with internal Trust Experts, including Portfolio Managers, Legal and Compliance to address complex trust issues, resolve client concerns, and optimize trust administration processes. Client Assistance : Assist clients with inquiries, requests, and account maintenance. Client Coordination : Coordinate client meetings, prepare meeting materials, and assist with follow-up tasks as needed. Record Management : Maintain accurate client records and documentation. Qualifications:
Bachelor’s degree
in finance, business administration, or related field; advanced degree preferably a law degree and/or professional certifications (e.g., CTFA, CFP, CFA preferred). Experience
(3+ years) in trust administration, estate planning, or wealth management preferably within a trust company or financial institution. Knowledge
of trust laws, fiduciary responsibilities, investment principles, and tax implications related to trust accounts. Analytical skills
with the ability to assess complex financial situations and develop strategic solutions. Communication skills
for effectively interacting with clients, colleagues, and external stakeholders. Technical proficiencies
in trust administration software and Microsoft Office suite. Ethical commitment
to upholding standards, maintaining confidentiality, and delivering exceptional service to clients. Compensation
includes competitive salary and performance-based incentives. The company provides a competitive new business incentive program allowing marketing-oriented Trust Administrators the opportunity to significantly increase compensation. The position is not required to meet new annual business goals or have a marketing focus. Benefits
comprehensive top-tier health, retirement, and wellness benefits. The firm pays 100% of medical plans for individual and family minus nominal premium for spousal coverage. 401(k), profit sharing plan, paid time off, extended sick leave, and paid holidays. Professional development
opportunities. Work environment
supportive and collaborative with focus on work-life balance. Join our team at Midwest Trust Company and make a meaningful impact by helping clients achieve their financial goals through expert trust administration and personalized service. Midwest Trust Company is an Equal Opportunity Employer Seniority level
Mid‑Senior level Employment type
Full-time Job function
Customer Service, Administrative, and Finance Trusts and Estates, Investment Advice, and Investment Management Referrals increase your chances of interviewing at Midwest Trust Company by 2x Inferred from the description for this job
Medical insurance Vision insurance 401(k) Disability insurance Paid maternity leave
#J-18808-Ljbffr