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Trust Administrator II

Trust Administrator II

NY StaffingNew York, NY, US
30+ days ago
Job type
  • Full-time
Job description

Trust Administrator II

The Trust Administrator II role will be responsible for serving as a relationship manager to most routine and standard client relationships. This role will participate in the proper management and administration for assigned trust accounts adhering to applicable laws and regulations as well as complying with all requisite policies and procedures. This role may act as the intermediary to the organization on behalf of clients and coordinate service activities with other areas of the organization.

Position Competencies : Successful incumbents possess integrity and trust, listening skills, problem solving skills, are focused on the customer and have a drive for results.

Position Responsibilities :

  • Administration : Manages most routine accounts under the direct supervision of a Trust Advisor in accordance with the terms of the various governing documents, applicable laws, and consistent with the needs of the principals, income beneficiaries, and remaindermen.
  • Compliance : Meets all compliance requirements under the supervision of a Trust Advisor including, but not limited to conducting Reg 9 reviews on all accounts, presenting proper documentation and rationale for discretionary actions, completing AML compliance training, completing all other organization required compliance training.
  • Team Member Responsibilities : Assists with the collection of data in support of projects which affect the broader business and improves efficiency of delivery of services to clients. Actively contributes to the team, providing feedback and best practices on procedural changes.

Position Qualifications :

  • Bachelor's Degree from an accredited university AND 2 years of experience serving as an account administrator in a specific area of expertise to include trust administration, investments, insurance in a client service capacity OR High School Diploma / GED AND 6 years equivalent work experience serving as an account administrator in a specific area of expertise to include trust administration, investments or insurance in a client service capacity.
  • 5 years of experience utilizing Microsoft Office Products including Word and Excel.
  • Work Best Category : Category B - 3-4 days in office on designated days / 1-2 days remote

    Hours : 8 : 00am - 5 : 00pm Monday - Friday

    Salary : For candidates hired in the state of California, Colorado, Washington, New York, Illinois, Maryland, New Jersey, or Massachusetts the expected salary / On-Target Earnings (OTE) range for the role is currently :

    New York - $65,000 - $115,000 Annually

    Salary Range(s) is subject to change. Comerica Bank takes several factors into account when determining individual starting pay. These include but are not limited to position, grade level, location / metropolitan area, skillset, and peer compensation. Comerica Bank considers the employer's work location to determine the pay range.

    About Comerica : We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well as support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure. Upon offer, Comerica conducts a comprehensive background and fingerprint check. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI's Record of Arrest and Prosecution Background ("RAP Back") service, which provides ongoing notification to the Company of any updates to your criminal history. NMLS certification requirement : where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act. Comerica Incorporated (NYSE : CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica is proud to be an Equal Opportunity Employer - disability / veteran. Comerica is proud to be an Equal Opportunity Employer - veterans / individuals with disabilities, committed to workplace diversity.

    Minimum Salary : $65,000.00 Maximum Salary : $115,000.00 Salary Unit : Yearly

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    Trust Administrator • New York, NY, US

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