Trust Officer Job at Burke & Herbert Bank, Alexandria, VA

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  • Burke & Herbert Bank
  • Alexandria, VA

Job Description

Administer trust under wills, court order or guardianships. Represent the Bank and qualify as executor for the Bank where named. Act as administrator for grantor trusts and retirement accounts. Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Assist in development of new business to include designation of the bank in testamentary documents and as trustee in revocable grantor documents Provide liaison between investment unit and client Prepare annual court accountings and respond to inquiries from the various Commissioners of Accounts Coordinate filing of fiduciary income tax returns. Ensure returns are filed, taxes are paid and refunds are received Prepare trust, agency and estate receipts and disbursements using Trust Accounting System Research and solve routine account problems independently Research and solve more complex account problems with assistance of departmental leadership Ensure timely mailing of Trust Committee Review and Quality Review letters. Other Duties Complies with all policies and procedures as applied to the Bank's BSA/AML policy. Perform other duties as assigned. Skills/Abilities Excellent analytical skills. Strong verbal and communication skills. Ability to organize, prioritize and delegate in the service of clients. Supervisory Responsibility This position has no supervisory responsibilities. Work Environment This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Physical Demands This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping or standing as necessary. Travel Travel may be required for this position. Education and Experience College degree (or equivalent additional related experience) required. Professional designation and/or advanced degree preferred. 5 - 7 years of progressively responsible experience in a trust related positions. Familiarity with investments and portfolio management. Knowledge of the Virginia Code as it relates to trusts and estates. Working knowledge of word-processing and spreadsheet applications. CTFA preferred. Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. Equal Opportunity/Affirmative Action Employer M/F/disability/protected veteran status Burke & Herbert Bank

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