Wealth & Trust Officer

Job Description

Job Description

Wealth & Trust Officer - Mitchell

First Dakota National Bank is looking for a full-time Wealth & Trust Officer to join our Mitchell team. This person will direct and coordinate activities relative to selling and administering investment agency, IRA, trusts, probate estates and court ordered conservatorships.

Duties

Solicits business from potential clients

Develops contacts with spheres of influence including but not limited to bank personnel, legal and accounting professionals for client referrals

Interviews clients to determine financial position and goals, resources, assets available to invest, and estate planning needs

Prepares / presents proposals to clients for solving investment needs

Coordinates establishment of client’s estate plan with client’s legal and accounting professionals

Determines investment strategies for various fiduciary and investment account needs

Initiates / manages the investment of accounts according to department investment policy and approved products

Ensures accounts are invested according to specific account investment expectations

Meets with clients periodically for investment and administrative reviews

Serves as a participating member of the Asset Review Committee

Prepares annual account reviews for presentation to Account Review Committee

Coordinates administrative functions, including but not limited to collection of assets, distributions, tax preparation, legal filings, real property management and file documentation

Develops understanding of trust operating system to ensure proper file administration, documentation and client communications

Maintains current regulatory competencies in estate planning, probate and trust investing

Other duties as assigned.

Qualifications

Attributes include a positive attitude and good work ethic. The ability to process a variety of tasks accurately and efficiently, the capability to maintain strict confidentiality, attention to detail and comply with all Bank policies and procedures. Communicate effectively with various types of clientele, co-workers and departments to resolve an assortment of needs. Strong organizational skills and the ability to work well in a team environment. Punctuality is a must.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements are representative of the knowledge, skills, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education / Experience

Bachelor’s degree (B.A / B.S) from four-year college or university

5 years related experience and / or training

Preferred candidate will possess JD, CPA, CTFA, or CFP designation

Work Environment

Office : The work environment of this job includes interacting with others in an office setting, and the noise level is usually moderate.

Physical Demands

Light : The physical demands of this job include bending, sitting, and occasionally lifting up to 10 pounds with or without reasonable accommodation.

#hc196596