Trust Officer - Trust Services Premier Trust

About the role

Osaic Careers is recruiting a Trust Officer for Trust Services Premier Trust, based in Las Vegas, Nevada, with a hybrid office arrangement. The Trust Officer administers assigned accounts and represents the company in dealings with customers, outside professionals and beneficiaries, while ensuring compliance with trust policies, procedures and state regulations. The role is full-time, paid $80,000-$85,000 per year plus an annual bonus.

Key responsibilities

• Administer accounts in line with their governing instruments and the needs of principals, beneficiaries and remaindermen.
• Contact or correspond with persons, agencies and organizations interested in an account.
• Keep abreast of new business opportunities and advise colleagues on proposed plans, passing information to the marketing administrator.
• Analyze fund needs according to the beneficiary's needs and coordinate and review the preparation of federal and state trust tax returns.
• Establish and maintain client data and consult the trust's attorney on drafting legal documents.
• Review and approve discretionary payments and beneficiary disbursement requests.
• Help initiate and fund new accounts and prepare annual and initial trust reviews and discretionary requests to TAC.
• Verify identities of account openers, keep verification records, and report suspicious activity to the BSA/Compliance Officer.
• Supervise staff, including performance appraisals, scheduling and training, and complete annual BSA/AML/OFAC and compliance training.

Required profile

• Bachelor's degree preferred; high school diploma or GED plus significant practical experience in trust administration is considered.
• Strong knowledge of state trust compliance regulations, policies and procedures.
• Ability to work independently and with minimal supervision, with good communication and organizational skills.
• Preferred: Certified Trust and Fiduciary Advisor (CTFA) license.

Required skills

• Personal computer operation, word processing and spreadsheets (Microsoft Word, Excel).
• Typing speed sufficient for the position's production needs.
• Intermediate math skills, including ratios, percentages and interpretation of bar graphs.