Personal Trust Administrator Job Description

The Personal Trust Administrator job description is a good fit for hiring a candidate who has experience in managing trusts and possesses strong financial and administrative skills. It provides a clear outline of the responsibilities and expectations for the role, which can help attract and screen qualified applicants.

To customize this job description for your own needs, you may want to consider adding or modifying certain requirements or qualifications. For example, you could specify that candidates should hold a certain degree or certification in finance, accounting, or business administration. You could also include additional details about the types of trusts that the candidate will be managing, such as a specific asset class or geographic region. By tailoring the job description to your organization’s needs, you can attract candidates who have the skills and experience necessary to excel in the role.

Job Description Brief:

We are looking for a skilled Personal Trust Administrator to manage trusts and safeguard the interests of trust beneficiaries. The ideal candidate will have experience in managing trust agreements and possess strong financial and administrative skills. The role requires a keen eye for detail, excellent communication and interpersonal skills, and a commitment to ethical and legal standards. The candidate should also be able to confidently handle complex investment portfolios and make sound financial decisions.

Key Responsibilities:

• Manage trust accounts according to the terms of the trust agreement and applicable laws.
• Oversee investments, maintain and update records, and prepare reports for beneficiaries and regulatory agencies.
• Communicate regularly with beneficiaries, providing guidance and assistance as needed.
• Ensure compliance with legal and ethical standards, and keep up with changes in trust and tax laws.
• Work with legal counsel and other professionals to ensure that trust agreements are being administered correctly.
• Prepare tax returns and other regulatory filings related to trust accounts.
• Develop and implement strategies for maximizing trust growth and minimizing risks.
• Draft correspondence, memoranda, and other documents related to the administration of trusts.
• Participate in meetings with clients, beneficiaries, and other stakeholders.
• Provide support and guidance to junior trust administrators and other staff as needed.

Required Qualifications and Skills:

• Bachelor’s degree in finance, accounting, business administration, or related field.
• Prior experience in trust administration or related fields.
• Familiarity with fiduciary law and regulations.
• Knowledge of investment and portfolio management strategies.
• Strong analytical and problem-solving skills.
• Excellent oral and written communication skills.
• Ability to work independently and as part of a team.
• Strong organizational skills and attention to detail.
• Strong computer skills, including experience with financial software.

Education and Experience Requirements:

• Bachelor’s degree in finance, accounting, business administration, or related field.
• 2-5 years of experience in trust administration or related fields.

Physical Requirements (if applicable):

• Ability to sit and work at a computer for extended periods of time.

Work Schedule and Conditions (if applicable):

• This is a full-time position, with regular business hours.
• Travel may be required for meetings with clients or other stakeholders.

Compensation and Benefits:

• Compensation will be commensurate with experience.
• Benefits package includes health insurance, a retirement plan, and paid time off.

Company Culture and Values:

• We are committed to ethical and transparent business practices.
• We value diversity, equity, and inclusion in our workplace.
• We strive to provide a supportive and collaborative work environment.

Career Advancement Opportunities:

• Opportunities for career growth and advancement are available, based on performance and experience.

Application Process and Contact Information:

Please submit your resume and a cover letter outlining your qualifications and interest in this position to [insert contact information]. We look forward to hearing from you.

Sample Work Schedule and Conditions:

This is a full-time position, with regular business hours from Monday to Friday, with occasional evening or weekend work required for meetings with clients or other stakeholders. The position involves sitting and working at a computer for extended periods of time, with occasional travel required for offsite meetings. The successful candidate will be able to work independently and as part of a team, manage multiple tasks and priorities, communicate effectively with a diverse range of stakeholders, and maintain strict confidentiality and ethical standards. We are committed to providing a respectful and supportive work environment that encourages growth, learning, and collaboration.