Trust Administrator I

About the role

Osaic is looking for a Trust Administrator I to join the team within Premier Trust, a member of Osaic, in Las Vegas, Nevada. The position ensures the basic administration of trust accounts, including keeping account records and producing reports, and represents the company by maintaining good customer relations. It is a full-time role with five days a week in the office, Monday to Friday.

Key responsibilities

• Open new accounts by collecting client information and documentation, reviewing and analysing it, and following up on missing items
• Prepare forms for disbursements, deposit receipts, automatic payments, wires, ACH transfers and trade requests
• Advise the trust officer on proper vesting, handling and follow-up of assets
• Correspond with persons, agencies and organisations interested in assigned accounts
• Review and process reports, and prepare monthly, quarterly and annual reports for management
• Maintain customer account files and close accounts according to company procedures
• Answer and direct calls, take and relay messages, sort and distribute mail, and provide customer service
• Compose and proofread correspondence for the supervisor's signature, and operate a computer to input and process data
• Maintain confidentiality, create and maintain database and spreadsheet files, and comply with BSA, OFAC AML and USA PATRIOT ACT requirements, reporting suspicious activity to the BSA/Compliance Officer
• Reconcile credit card statements monthly, submit receipts and reimburse the client account when applicable

Required profile

• H.S. diploma or equivalent (GED); education or experience should be in a business or financial field
• At least 1 year of basic knowledge of state and federal trust regulations and financial institution compliance, and of trust administration policies
• Experience in administrative duties at a financial institution (branch banking, loan processing, administration, trust, etc.)
• Ability to read, analyse and interpret business materials, and to solve routine to complex problems
• Good communication, organisational and time-management skills, attention to detail, and ability to work under general supervision

Required skills

• Personal computer operation and word processing (Microsoft Word)
• Spreadsheets (Microsoft Excel)
• Basic math skills, including calculating interest and balances

What we offer

• Salary of $40,000 - $50,000 per year plus an annual bonus
• Health, vision and dental insurance, 401k, vacation and sick time, and volunteer days