Trust Associate

Trust Associate at Fiduciary Counselling, Inc. Trust Associate at Fiduciary Counselling, Inc. in Tacoma, Washington Posted in about 4 hours ago.

Type:

full-time

Job Description:

PRIMARY OBJECTIVES OF POSITION

Works collaboratively with the members of the Trust Administration Department to document and execute trustee decisions. Provides operational support for daily trust administration activities and coordinates routine activities with other departments.

OUTCOMES

: Calculate trust distributions and ensure trust transactions are processed in compliance with trustee-approved distributions and expenses, including verification that required payments are completed on schedule. Maintain accurate trust files by drafting routine administrative documents and beneficiary notifications and by delivering well-prepared client and committee meeting materials and minutes. Coordinate execution of workflows and routine departmental activities with other departments.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES

Review trust transactions to ensure compliance with trustee-approved distributions and expenses. Calculate amounts for total return, net income, and unitrust distributions. Verify the timely payment of distributions. Prepare client meeting material, identifying items for discussion and upcoming events. Create committee meeting material and maintain accurate minutes and records of meetings. Assist with reading and interpreting trust documents. Summarize trust amendments and revisions. Draft administrative trust documents such as trust certifications and trustee succession documents. Prepare routine notifications for beneficiaries and approvals for trustees. Maintain trust records and administrative files. Initiate workflows and take ownership for their completion. Participate in company initiatives and department projects as assigned.

COMPETENCIES

:

Accountability & Dependability:

takes personal responsibility for the quality and timeliness of work, and achieves results with little oversight; takes ownership.

Communicator:

speaks, listens, and writes clearly and effectively.

Critical Thinking:

ability to analyze situations, solve problems, think critically, create and make improvements. Interaction with

Others:

builds relationships characterized by a high level of acceptance, cooperation, and mutual respect; promotes commitment within the team to achieve goals.

Organized:

approaches the job in an organized and disciplined manner; demonstrates strong attention to detail.

Overall Productivity:

understands job requirements and standards, motivated to meet or exceed goals with accuracy, and seeks to produce the highest quality.

Problem-Solving & Conflict Resolution:

uses logic and facts in analyses of problems, tracks patterns of recurring problems, anticipates issues, develops alternative solutions, escalates issues appropriately, looks beneath the surface, and uses good judgment.

Research:

identifies, collects, and organizes data for analysis and decision-making.

Teamwork:

gets consensus before moving forward, shares recognition and achievement, provides ongoing communication, is committed to the goals & objectives, and takes pride in the team.

EDUCATION AND EXPERIENCE

Bachelor's degree preferred, or 2-3 years of relevant trust experience. Minimum of 2 years of trust-related experience required. Proficiency in Microsoft Office and Excel is required.