Trust Administrator I

About the role

Osaic is seeking a Trust Administrator I to join the team within Premier Trust, a member of Osaic, located in Henderson, Nevada. The position ensures the basic administration of trust accounts, including maintaining account records and producing reports, and represents the company by maintaining good customer relations. It is a full-time, on-site role.

Key responsibilities

• Open new accounts by collecting client information and documentation, reviewing and analyzing it, and following up on missing items
• Prepare forms for client disbursements, deposit receipts, automatic payments, wire transactions, ACH transfers and trade requests
• Advise the trust officer on proper vesting, handling and follow-up of assets
• Correspond with persons, agencies and organizations interested in assigned accounts
• Review and process reports, and prepare monthly, quarterly and annual reports for management
• Maintain customer account files, schedule appointments and tasks, and handle calls and mail
• Close accounts according to company procedures and provide customer service
• Verify identities, maintain verification records, consult terrorist lists and report suspicious activity to the BSA/Compliance Officer
• Reconcile credit card statements monthly and reconcile client accounts
• Comply with BSA, OFAC AML and USA PATRIOT Act requirements

Required profile

• High school diploma or equivalent (GED) or equivalent combination of education and experience
• Experience in administrative duties within a financial institution setting (branch banking, trust, loan processing, administration, etc.)
• At least 1 year of basic knowledge of state and federal trust regulations and financial institution compliance
• Ability to read, analyze and interpret business materials and technical procedures
• Good oral, written and interpersonal communication skills, attention to detail and organizational skills

Required skills

• Word processing and spreadsheet software (e.g. Microsoft Word, Excel)
• Personal computer operation and data entry
• Basic math skills, including calculating interest and balances

What we offer

• Salary of $45,000 - $55,000 per year plus an annual bonus
• Health, vision and dental insurance, 401k, paid time off and volunteer days