Trust Operations Manager Job Description

This Trust Operations Manager job description is good for hiring the perfect candidate because it accurately outlines the responsibilities and qualifications required for the role. Employers can use it as a starting point and customize it to suit their specific needs by adding or removing responsibilities or qualifications as necessary. This allows them to create a job description that caters to the unique needs and requirements of their organization while still being informative, easy to understand, and attractive to potential candidates.

Job Description Brief:

We are seeking a capable and motivated Trust Operations Manager to oversee the back-end operations of our trust department. The ideal candidate will be responsible for managing key processes such as trading, settlements, reconciliations, and risk management. They will ensure compliance with regulatory requirements, maintain relationships with custodians and third-party service providers, and work closely with investment and compliance teams to foster efficient and effective trust operations.

Key Responsibilities:

• Oversee the back-end operations of the trust department, including trading, settlements, reconciliations, and risk management.
• Ensure compliance with all regulatory requirements including anti-money laundering and OFAC regulations.
• Manage relationships with custodians and other third-party service providers.
• Work closely with investment and compliance teams to ensure efficient and effective trust operations.
• Monitor and manage risk exposures related to the trust department.
• Develop and maintain standard operating procedures (SOPs) for key processes.
• Develop and maintain performance metrics for the trust department.
• Provide regular reporting to management on trust department operations.
• Ensure timely and accurate processing of all transactional and administrative tasks.
• Identify and implement process improvements to mitigate risk and improve operational efficiency.

Required Qualifications and Skills:

• Bachelor’s degree in business administration, finance, or a related field.
• 5+ years of experience in trust operations or a related field.
• Strong understanding of financial markets and investment products.
• Well-versed in regulatory compliance requirements.
• Excellent analytical and problem-solving skills.
• Highly organized with exceptional attention to detail.
• Strong communication and interpersonal skills.
• Proficient in Microsoft Office Suite and other related software.

Education and Experience Requirements:

• Bachelor’s degree in business administration, finance, or a related field.
• 5+ years of experience in trust operations or a related field.

Physical Requirements (if applicable):

• None specified.

Work Schedule and Conditions (if applicable):

• Typical office hours Monday – Friday, occasional weekend work may be required.
• Required to sit or stand for extended periods of time.
• Some travel may be required.

Compensation and Benefits:

• Competitive salary based on experience and qualifications.
• Comprehensive benefits package including medical, dental, and vision insurance, retirement plan, and paid time off.
• Opportunities for career advancement and professional development.

Company Culture and Values:

Our company is committed to providing an inclusive and supportive work environment that encourages collaboration, creativity, and innovation. We value hard work, integrity, and a customer-first mentality.

Career Advancement Opportunities:

This role offers significant opportunities for growth and professional development within our trust department and the wider organization.

Application Process and Contact Information:

To apply, please submit your resume, cover letter, and any relevant certifications to the email [insert email address here]. We thank all applicants for their interest, however, only those selected for an interview will be contacted.