Job Description
Job Description
Wealth & Trust Officer - Yankton
First Dakota National Bank is looking for a full-time Wealth & Trust Officer to join our Yankton team. This person will direct and coordinate activities relative to selling and administering investment agency, IRA, trusts, probate estates and court ordered conservatorships. Hours include Monday-Friday 8:00 AM - 5:00 PM.
Duties - Solicits business from potential clients
- Develops contacts with spheres of influence including but not limited to bank personnel, legal and accounting professionals for client referrals
- Interviews clients to determine financial position and goals, resources, assets available to invest, and estate planning needs
- Prepares/presents proposals to clients for solving investment needs
- Coordinates establishment of client’s estate plan with client’s legal and accounting professionals
- Determines investment strategies for various fiduciary and investment account needs
- Initiates/manages the investment of accounts according to department investment policy and approved products
- Ensures accounts are invested according to specific account investment expectations
- Meets with clients periodically for investment and administrative reviews
- Serves as a participating member of the Asset Review Committee
- Prepares annual account reviews for presentation to Account Review Committee
- Coordinates administrative functions, including but not limited to collection of assets, distributions, tax preparation, legal filings, real property management and file documentation
- Develops understanding of trust operating system to ensure proper file administration, documentation and client communications
- Maintains current regulatory competencies in estate planning, probate and trust investing
- Other duties as assigned.
Qualifications
Attributes include a positive attitude and good work ethic. The ability to process a variety of tasks accurately and efficiently, the capability to maintain strict confidentiality, attention to detail and comply with all Bank policies and procedures. Communicate effectively with various types of clientele, co-workers and departments to resolve an assortment of needs. Strong organizational skills and the ability to work well in a team environment. Punctuality is a must.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements are representative of the knowledge, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education/Experience Bachelor’s degree (B.A/B.S) from four-year college or university
5 years related experience and/or training
Preferred candidate will possess JD, CPA, CTFA, or CFP designation
Work Environment Office: The work environment of this job includes interacting with others in an office setting, and the noise level is usually moderate.
Physical Demands Light: The physical demands of this job include bending, sitting, and occasionally lifting up to 10 pounds with or without reasonable accommodation.
Requirements of All Employees To perform the job successfully, an individual should demonstrate the following:
Adaptability - Adapts to changes in the work environment
Attendance/Punctuality - Is consistently at work and on time; Arrives at meetings and appointments on time
Career Apparel - Adheres to the Career Apparel policy; Demonstrates professional appearance during Bank hours or at after-hours Bank functions
Customer Service - Responds promptly to customer needs including requests for service and assistance; Provide courteous, personal attention to promote ongoing relationship servicing with customers
Dependability - Follows instructions, responds to management direction; Takes responsibility for own actions; Keeps commitments; Completes tasks on time or notifies appropriate person with an alternate plan
Design - Demonstrates attention to detail
Initiative - Looks for and takes advantage of opportunities; Asks for and offers help when needed
Innovation - Shares suggestions for improving work
Interpersonal - Maintains confidentiality; Remains open to others' ideas and tries new things
Judgment - Exhibits sound and accurate judgment
Motivation - Measures self against standard of excellence
Communication - Listens and gets clarification; Responds well to questions; Participates in meetings; Writes clearly and informatively; Able to read and interpret written information
Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time; Supports and upholds organizational goals and values
Planning/Organizing - Uses time efficiently; Completes work in a timely manner
Problem Solving - Identifies and resolves problems in a timely manner
Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration; Accepts responsibility for own actions; Inspires the trust of others; Works with integrity and ethically
Quality - Demonstrates accuracy and thoroughness; Looks for ways to improve and promote quality; Applies feedback to improve performance; Monitors own work to ensure quality
Safety/Security - Observes safety and security procedures; Reports potentially unsafe conditions; Uses equipment and materials properly
Team Work - Gives and welcomes feedback; Contributes to building a positive team spirit
Technical Skills – Understands basic computer software programs; Strives to continuously build knowledge and skills; Shares expertise with others
Job Tags
Full time, Bank staff, Work at office, Monday to Friday