Trust Investment Specialist

Description

The Trust Investment Specialist provides operational, administrative, investment, and client service support to the Trust Department. Assists Trust Officers with trust account administration, investment analysis, reporting, client communications, regulatory compliance, and department operations. Researches investment products and solutions for client portfolios while ensuring trust operations are performed accurately and in accordance with federal and state regulations.

The Trust Investment Specialist provides operational, administrative, investment, and client service support to the Trust Department. Assists Trust Officers with trust account administration, investment analysis, reporting, client communications, regulatory compliance, and department operations. Researches investment products and solutions for client portfolios while ensuring trust operations are performed accurately and in accordance with federal and state regulations.

Principal Duties and Responsibilities:

• Opens and closes Trust accounts and maintains account files.
• Manages and distributes account ticklers Prepares investment analysis for trust accounts and reviews with officers
• Gathers data and compiles investment reports /booklets for Foundation Committee meetings
• Maintains asset holdings within Investment vendor products (Morningstar, Fi360)
• Serves as the liaison with FCI (3rd party investment managers)
• Maintains Investment Policy Statements for client accounts
• Works with clients via phone, email, in person; answering questions, following up to meetings, etc.
• Maintains client account records, authorizations, requests, and follow-up documentation.
• Prepares documentation required for account opening, closing, and ongoing account maintenance.
• Prepares quarterly Fi360 reports for Personal Trust and Retirement Plan Services

• Researches, prepares and reviews client investment changes and recommendations with account officers
• Assists with Trust Investment Committee by preparing meeting agenda, minutes and supporting materials alongside the committee chair
• Prepares investment analyses for client accounts and reviews findings with Trust Officers.
• Supports officers with trading functions and portfolio analysis.
• Researches investment products, portfolio changes, and investment recommendations.
• Prepares quarterly investment reports for Personal Trust and Retirement Plan Services.
• Provides research and analysis related to model portfolios and investment strategies for the Trust Investment Committee (TIC).
• Establishes and maintains assigned clients within financial planning software
  
  Assists with preparation of documentation required for account opening/closing and file maintenance
• Establish and maintain assigned clients in financial planning software, assisting clients when appropriate

• Assists with internal and external audits, examinations, data gathering, and response tracking.
• Assists with Employee Benefit Plan administration Represents WNB Financial by being involved in community events; attending networking events, to help maintain and develop business for department and bank.
• Participates in internal and external training and development opportunities as required
• Participates in Bank committees as needed
• Other job related duties necessary to carry out the responsibilities of this position

Reports to VP Trust Manager. Works regularly with clients and co-workers. Works regularly with suppliers, vendors, and third-party investment managers. Works regularly with highly confidential business and client information. Occasionally participates in bank committees and community events.

Quality, accuracy, reliability, thoroughness and timeliness of work performed and services provided to clients; attention to detail; knowledgeable on trust systems and investment platforms; customer satisfaction with services provided; keeps Bank and client information confidential; demonstrates friendly and helpful approach and attitude toward internal and external clients. Effectively communicates and develops good working relationships with all co-workers and clients; professional workplace appearance and conduct;

honesty and integrity in all client and co-worker communications; reliability in reporting to work regularly and on time; understands Bank policies and procedures. Participates in training and appropriate professional development. Multi-tasks and effectively manages varying duties throughout the workday. Demonstrates professionalism, commitment to the job, and loyalty to the Bank.

• Demonstrated ability to build and maintain positive client relationships through responsive service, active listening, and professional communication.
• Proven commitment to delivering exceptional customer experiences while identifying client needs and coordinating appropriate solutions and…