Title: Trust Officer
Pay Range: DOE with great benefits
A Trust Officer has responsibility for administering various types of trusts in accordance with trust documents and applicable law.
Duties & Responsibilities
- Review trust and related documents to ascertain a grantor’s intent and identify provisions that impact the company's role as trustee and its fiduciary duties.
- Communicate directly with attorneys, grantors, beneficiaries, other trustees, accountants, insurance agents, and other professionals.
- Monitor trust and related activity to ensure compliance with grantor’s intent, applicable trust terms, legal requirements, and the company’s policies.
- Communicate timely with beneficiaries and others as necessary prior to making beneficiary distributions from trust funds.
- Coordinate with Investment Officers or outside investment professionals as may be necessary to meet the provisions of particular trusts.
- Assist the Tax Coordinator when necessary to ensure the timely filing of trust tax returns.
- Be familiar with Alaska statutes that affect trusts for which the company is a trustee.
- Adhere to the highest standards of professional conduct as well as all trustee fiduciary duties.
- Maintain strict confidentiality of all records and data received and produced.
- Take steps as necessary to keep current on changes in laws affecting the types of trusts assigned to you.
- Support the company’s goals and values.
- Participate in business development activities and align work to strategic goals.
- Follow policies and procedures and participate in discussions to improve such policies and procedures.
- Draft correspondence and other documents.
- Report to work on time and attend all meetings and required training.
- Perform the position safely, without endangering health or safety to you or to others, report potentially unsafe conditions, and comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.
- This position may require travel.
- Bachelor’s degree.
- Minimum of five (5) years related experience and/or training or the equivalent combination of education and experience. Work-related experience preferred to be in one or more of the following areas: trust administration, legal services, investment management, finance, banking, business, life insurance.
- Knowledge of basic estate planning concepts, finance, investment, and/or banking desired, but not required.
- Ability to identify, analyze and solve problems.
- Excellent writing and grammar skills.
- Excellent oral and interpersonal communication skills.
- Excellent organization skills, attention to detail, and follow through.
- Excellent time management skills and ability to effectively deal with concurrent tasks and multiple deadlines.
- Proficient computer and math skills.
- Ability to work both independently and in a team environment.
- Ability to work calmly with difficult or demanding beneficiaries.
All qualified candidates who meet or exceed the above Position Qualifications or have relevant experience will be contacted.
AES provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. While working within the parameters of an Alaska Native Organization, hiring preference will be given to shareholders/spouses/descendants and other Alaska Natives in accordance with Public Law 93-638.
AES matches job seekers with opportunities in which they are recognized and rewarded for their experience, skills and abilities. AES is proud to be an Alaskan-owned company building relationships on integrity and trust since 1977. Our Services are always FREE to candidates.
POSITION OPEN UNTIL FILLED