Trust Administrator

Job information Trust Administrator from the Company The Philadelphia Trust Company, this latest Trust Administrator job vacancy is located in the city Philadelphia, PA. This latest job opening is open to job seekers who have the latest education / graduate . Job Vacancies in this Finance field have been opened and published up to the specified time.

Job Description :

Job Title: Trust Administrator

Location: Philadelphia, Pennsylvania

Company: The Philadelphia Trust Company

Overview

The Philadelphia Trust Company is seeking a detail-oriented and motivated Trust Administrator to join our team in Philadelphia, Pennsylvania. The position includes: providing administrative support to trust officers; having direct contact with grantors, beneficiaries, trustees, attorneys, accountants, and others, at trust officers’ discretion; escalating risk issues identified in work assignments; following best practices; adhering to controls over efficiency and risk management; assisting in collecting critical documents and assets, preparing disbursements, and other trust administration tasks; and supports the administration and fiduciary management within client relationships.

Primary Responsibilities

· Support the administration of trust accounts through demonstrated proficiency and sound judgment in exercising fiduciary discretion.

· Serve as primary point of contact for the client on the trust account relationship, with supervision; communicate regularly with the client on trust matters and support overall trust administration management.

· Ensure high-level client service through timely and appropriate interactions with the client, the client’s advisors, and internal partners as necessary.

· Develop relationships with clients to best support administration of their trust accounts and provide assistance to facilitate client requests and meet distribution needs.

· Ensure activities adhere to account administration policies and procedures.

· Assist with administrative reviews of trust accounts.

· Maintain comprehensive knowledge of systems to deliver client service and maintain account records.

· Assist with preparing business and client presentations as requested, with supervision.

· Represent the bank in a professional and competent manner whether over the phone or in person with clients, advisors, and business partners.

· Understand and maintain current knowledge of regulatory requirements and Federal and state law concerning trust and estates as well as industry standards and practices.

· Understand and adhere to the company’s risk and regulatory standards, policies, and controls in accordance with the company’s risk appetite. Identify risk-related issues needing escalation to management.

· Promote an environment that supports the values and brand of The Philadelphia Trust Company.

· Maintain internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.

· Complete other related duties as assigned.

Scope Of Responsibilities

An important component of the position is the ability to work well as a member of a team and communicate internally with colleagues.

Supervisory/Managerial Responsibilities

Not Applicable

Education And Experience Required

· Associate’s degree and a minimum of 1 years’ experience supporting the administration of fiduciary accounts or related legal/business experience in the financial services industry including technical trust and planning experience, or in lieu of a degree, a combined minimum of 3 years’ higher education and/or work experience, including a minimum of 1 years’ experience supporting the administration of fiduciary accounts, or related legal/business experience in the financial services industry including technical trust and planning experience

· Self-motivated

· Proven verbal and written communication skills

· Proven presentation skills

· Proven organizational skills

· Strong customer focus

· Proficiency with Microsoft office suite and SEI systems

· Experience maintaining high level of integrity and professionalism

Education And Experience Preferred

· Bachelor’s degree

· Minimum of 1 Years’ Estates and Trust Experience

· CTFA (Certified Trust and Financial Advisor) certification

· Ability to read and interpret governing instruments related to account administration

· Strong interpersonal skills

Benefits

· Competitive salary and performance-based incentives.

· Comprehensive health, dental, and vision insurance.

· 401(k) retirement plan.

· Generous paid time off and holidays.

· Professional development opportunities and support for continuing education.

· Collaborative and inclusive work environment.

How to Apply

Interested candidates should submit a resume and cover letter detailing their qualifications and interest in the position to Gregory Ferris (gferris@philadelphiatrust.com) with the subject line “Trust Administrator Application – [Your Name].”

Job Type: Full-time

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Ability to Commute:

• Philadelphia, PA 19103 (Required)

Work Location: In person