Corporate Trust Administrator

Benefits

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

Herring Bank is seeking an experienced and detail-oriented Corporate Trust Administrator to support our Wealth Management team. This role is responsible for administering church bond–related trust instruments while serving as a corporate indenture trustee. You’ll act as a fiduciary for bondholders, ensuring issuers comply with trust agreements, managing funds, answering investor inquiries, and protecting bondholder interests, especially in default situations.

This position is ideal for someone with a strong trust background who thrives in a regulated environment, values accuracy and accountability, and enjoys balancing technical work with client interaction.

• Administer church bond trust indentures and related governing documents
• Monitor issuer compliance with trust terms, covenants, and financial reporting requirements
• Collect, manage, and distribute principal and interest payments to bondholders
• Serve as the primary point of contact for bondholders and issuers
• Respond to bondholder questions related to payments, ownership documentation, and tax reporting
• Process deposits and prepare journal entries for bond orders, transfer fees, sinking funds, and administrative fees
• Maintain and scan trust documentation including W-9s, wills, death certificates, and powers of attorney
• Perform annual administrative reviews for each bond issuance
• Explain trust default, enforcement, and foreclosure processes to bondholders
• Exercise trustee powers during default events in accordance with the indenture
• Provide backup support for daily trust operations and journal entries as needed
• Refer customers to appropriate bank partners for additional products and services
• Support a collaborative team environment and a high-quality customer experience

• High school diploma or equivalent and 5+ years of relevant trust experience OR a bachelor’s degree in business, Accounting, Finance, or a related field
• Strong working knowledge of trust indentures, trust law, and fiduciary responsibilities
• Proficiency with Microsoft Office Suite, especially Excel
• Experience with trust accounting systems preferred
• Excellent communication, organization, and time-management skills
• Ability to manage multiple priorities with accuracy and discretion
• Strong customer service mindset and attention to confidentiality
• Ability to work independently with minimal supervision
• Must pass a background and credit check

We’re a growing community bank committed to integrity, trust, and personalized service. As we continue to expand, we’re looking for professionals who value long-term relationships, teamwork, and doing the right thing for customers and communities alike.