Trust Officer

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Premier Trust Opportunity in Financial Services

Trust Officer


Location(s): 4465 South Jones Boulevard, Las Vegas, NV 89103 (Premier Trust)

Summary:

We are seeking a Trust Officer to join the team within Premier Trust, a member of Advisor Group.  The position of Trust Officer is responsible for the administration of assigned accounts. Represents the company in business activities and contacts with customers, outside professionals and beneficiaries relating to these accounts. Assures compliance with all policies and procedures governing trust functions, as well as, all applicable state regulations.

Responsibilities:

  • Administer accounts in accordance with the terms of the governing instrument and in a manner consistent with the needs of principals, beneficiaries, and remaindermen.
  • Contact or correspond with persons, agencies, and organizations that have an interest in any aspect of an account.
  • Maintain an awareness of new business opportunities and advise or consult with other officers on details of proposed plans and communicate information to marketing administrator for follow up.
  • Analyze the need of funds according to needs of beneficiary.
  • Coordinate and review the preparation for filing federal and state tax returns for trusts.
  • Establish and maintain client data.
  • Consult with trust’s attorney from administrative perspective on drafting legal documents specifying details, conditions, and duration of trust.
  • Review and approve discretionary payments for trusts and the beneficiaries request for disbursements.
  • Initiate and/or assist in the marshalling and funding of new accounts.
  • Interact frequently with subordinates, peers and functional managers.
  • Comply with all company policies and procedures, state laws and regulations.
  • Comply with Bank Secrecy Act (“BSA”), OFAC Anti-Money Laundering (“AML”), and USA PATRIOT ACT policies and procedures, by properly verifying the identity of any person/business opening an account, maintain records of the information used to verify before opening an account.
  • Ensure that proper risk-rate customer as outlined in the Customer Identification Program
  • Work to perform personnel functions including performance appraisals and disciplinary actions. Supervise the activities of employees including, but not limited to, effective delegation of assignments, developing work schedules and providing necessary training.
  • Report any customer suspected of suspicious activity immediately to the BSA/Compliance Officer.
  • Participate in required annual BSA/AML/OFAC and Compliance training.
  • Consistently report to work on time; adhere to scheduled breaks; attend all meetings and training as required of the position.
  • Understand business implications of decisions; display orientation to profitability; align work with strategic goals.
  • Responsible for timely preparation and approval of annual and initial trust reviews.
  • Responsible for preparation and submission of discretionary requests to TAC.
  • Stay current regarding regulatory rulings and enroll in CE courses if needed.
  • All other duties as assigned.

Education Requirements:

  • Bachelor’s degree preferred, high school diploma (or equivalent) in combination with significant experience will be considered in lieu of degree.  Minimum of high school diploma or equivalent is required. 

Basic Requirements:

  • Four or more years of related experience and/or training or the equivalent combination of education and experience.
  • Knowledge of related state trust compliance regulations, and other trust operational policies.
  • Knowledge of trust policies and procedures, and trust products and services.
  • Must be proficient in utilizing various software packages including Microsoft Office, Outlook, Power Point and Excel.
  • Effective communication and leadership skills.
  • Ability to analyze complex problems and identify appropriate solutions.
  • Ability to make rule based and analytical decisions.
  • Ability to organize, prioritize and handle multiple tasks.
  • Ability to conduct training needs analysis.
  • Ability to pay close attention to detail.
  • Proficient in active listening
  • Ability to maintain complete confidentiality of information
  • Ability to effectively function as a team player
  • Ability to be at work on a regular and predictable basis

Equal Opportunity Employer

Advisor Group is an equal opportunity employer. We celebrate diversity in our workplace and we hire the most qualified candidates without regard for age, ethnicity, gender, gender identity or expression, language differences, nationality or national origin, family or marital status, physical, mental, and developmental abilities (or the perception of a disability), genetic information, race, religion or belief, sexual orientation, skin color, social or economic class, education, work and behavioral styles, political affiliation, military service, caste, or any other characteristic protected by law.

Eligibility

Applicants for employment in the US must have valid work authorization that does not now and/or will not in the future require sponsorship of a visa for employment authorization in the US by Advisor Group.

Unqualified Applications

Advisor Group does not consider applications from candidates who do not meet the minimum qualifications stated in the job posting.

Work Location

Unless expressly listed for the position, neither relocation benefits nor remote work arrangements are available for the position. Attendance at assigned business location on designated work schedule is required.

Recruiting Agencies

Advisor Group only accepts candidates from contracted recruiting firms and only for searches approved prior to submissions. Fees will not be paid for unsolicited submissions.