Herring Bank
Benefits
Dental insurance
Health insurance
Paid time off
Vision insurance
About the Role Herring Bank is seeking an experienced and detail-oriented Corporate Trust Administrator to support our Wealth Management team. This role is responsible for administering church bond–related trust instruments while serving as a corporate indenture trustee. You’ll act as a fiduciary for bondholders, ensuring issuers comply with trust agreements, managing funds, answering investor inquiries, and protecting bondholder interests, especially in default situations.
This position is ideal for someone with a strong trust background who thrives in a regulated environment, values accuracy and accountability, and enjoys balancing technical work with client interaction.
What You’ll Do
Administer church bond trust indentures and related governing documents
Monitor issuer compliance with trust terms, covenants, and financial reporting requirements
Collect, manage, and distribute principal and interest payments to bondholders
Serve as the primary point of contact for bondholders and issuers
Respond to bondholder questions related to payments, ownership documentation, and tax reporting
Process deposits and prepare journal entries for bond orders, transfer fees, sinking funds, and administrative fees
Maintain and scan trust documentation including W-9s, wills, death certificates, and powers of attorney
Perform annual administrative reviews for each bond issuance
Explain trust default, enforcement, and foreclosure processes to bondholders
Exercise trustee powers during default events in accordance with the indenture
Provide backup support for daily trust operations and journal entries as needed
Refer customers to appropriate bank partners for additional products and services
Support a collaborative team environment and a high-quality customer experience
What You’ll Bring
High school diploma or equivalent and 5+ years of relevant trust experience OR a bachelor’s degree in business, Accounting, Finance, or a related field
Strong working knowledge of trust indentures, trust law, and fiduciary responsibilities
Proficiency with Microsoft Office Suite, especially Excel
Experience with trust accounting systems preferred
Excellent communication, organization, and time-management skills
Ability to manage multiple priorities with accuracy and discretion
Strong customer service mindset and attention to confidentiality
Ability to work independently with minimal supervision
Must pass a background and credit check
Why Herring Bank? We’re a growing community bank committed to integrity, trust, and personalized service. As we continue to expand, we’re looking for professionals who value long-term relationships, teamwork, and doing the right thing for customers and communities alike.
#J-18808-Ljbffr
Dental insurance
Health insurance
Paid time off
Vision insurance
About the Role Herring Bank is seeking an experienced and detail-oriented Corporate Trust Administrator to support our Wealth Management team. This role is responsible for administering church bond–related trust instruments while serving as a corporate indenture trustee. You’ll act as a fiduciary for bondholders, ensuring issuers comply with trust agreements, managing funds, answering investor inquiries, and protecting bondholder interests, especially in default situations.
This position is ideal for someone with a strong trust background who thrives in a regulated environment, values accuracy and accountability, and enjoys balancing technical work with client interaction.
What You’ll Do
Administer church bond trust indentures and related governing documents
Monitor issuer compliance with trust terms, covenants, and financial reporting requirements
Collect, manage, and distribute principal and interest payments to bondholders
Serve as the primary point of contact for bondholders and issuers
Respond to bondholder questions related to payments, ownership documentation, and tax reporting
Process deposits and prepare journal entries for bond orders, transfer fees, sinking funds, and administrative fees
Maintain and scan trust documentation including W-9s, wills, death certificates, and powers of attorney
Perform annual administrative reviews for each bond issuance
Explain trust default, enforcement, and foreclosure processes to bondholders
Exercise trustee powers during default events in accordance with the indenture
Provide backup support for daily trust operations and journal entries as needed
Refer customers to appropriate bank partners for additional products and services
Support a collaborative team environment and a high-quality customer experience
What You’ll Bring
High school diploma or equivalent and 5+ years of relevant trust experience OR a bachelor’s degree in business, Accounting, Finance, or a related field
Strong working knowledge of trust indentures, trust law, and fiduciary responsibilities
Proficiency with Microsoft Office Suite, especially Excel
Experience with trust accounting systems preferred
Excellent communication, organization, and time-management skills
Ability to manage multiple priorities with accuracy and discretion
Strong customer service mindset and attention to confidentiality
Ability to work independently with minimal supervision
Must pass a background and credit check
Why Herring Bank? We’re a growing community bank committed to integrity, trust, and personalized service. As we continue to expand, we’re looking for professionals who value long-term relationships, teamwork, and doing the right thing for customers and communities alike.
#J-18808-Ljbffr