Taft-Hartley Director at ABOC Taft-Hartley Director at ABOC in Elmhurst, Illinois Posted in about 24 hours ago.

Type:

full-time

Job Description:

For over 100 years, ABOC has fostered deep ties to our customers and our community, serving the banking needs of countless businesses, organizations, institutions, and individuals, many for multiple generations. These relationships are based on profound trust, in-depth understanding and highly personal and responsive service provided by our experienced bankers. We take tremendous pride in being a great place to work! We value the contributions our employees bring to the table every day. We work hard to nurture and maintain a mutually respectful, diverse culture that fosters teamwork and a commitment to exceptional customer service ABOC is hiring a Taft-Hartley Director. The individual will lead the Bank's Institutional Trust department; that focuses on Taft-Hartley and Institutional Trust clients, fostering long-term partnerships built on trust, responsiveness, and industry expertis e.

RESPONSIBILITI ES

Serve as the primary relationship manager for assigned Taft-Hartley and institutional trust clients, fostering long-term partnerships built on trust, responsiveness, and industry experti se.

Ensure full compliance with governing plan documents, trust agreements, and applicable regulations, including ERISA and other federal and state requiremen ts.

Act as a central liaison between clients and internal teams (operations, compliance, custody, and investment services) to ensure seamless service delivery and issue resoluti on.

Lead regular client engagement efforts, including annual in-person meetings, board presentations, and ongoing strategic check-ins to strengthen relationships and anticipate client nee ds.

Advise trustees and plan administrators on custodial processes, asset movement, and operational best practices, delivering thoughtful solutions that enhance efficiency and transparen cy.

Identify opportunities to improve client experience by streamlining workflows, introducing new service capabilities, and leveraging technology solutions appropriate for a community-focused instituti on.

Drive business development by expanding existing relationships and cultivating new Taft-Hartley opportunities, including cross-selling treasury management, deposit products, and other bank servic es.

Partner with senior leadership to position the bank as a trusted provider in the union and multiemployer benefits space, particularly within regional marke ts.

Coordinate and contribute to the development of proposals, RFP responses, and marketing materials tailored to Taft-Hartley and institutional trust prospec ts.

Represent the bank at industry events, union meetings, and community engagements; host client appreciation and educational events to strengthen brand presen ce.

Monitor legislative, regulatory, and industry trends impacting employee benefit plans and union organizations, proactively advising clients and internal stakeholde rs.

Support financial literacy and benefit education initiatives for union members, aligning with the bank's community missi on.

Mentor junior staff and contribute to the development of internal best practices within the Institutional Trust te am.

Perform other duties as assigned in support of departmental and organizational objectiv es.

REQUIRED EDUCATION, EXPERIENCE AND SKI LLS

High school diploma plus seven years of trust administration experience or bachelor's degree in finance and/or business (requi red)Knowledge of trust account administration and operation practices and procedures as is normally attained in five - seven years of trust administration experience (requi red)Knowledge of rules and regulations as defined in ERISA, following best practices as outlined by the DOL.Experience managing a team of eight peo ple.

Strong communication and interpersonal ski lls.

Willing to meet clients after hours and on weekends occasiona lly.

BENE FITS

Competitive compensation pa ckageFull health insurance (medical, dental and vis ion),4 01(k)Life insu ranceEducation Assis tancePaid Vacation DaysEmployee Assistance Pr ogramOpen-door work enviro nmentOpportunities for advanc ementCommunity Service Opportun ities We are an equal opportunity employer and value diversity, equity, and inclusion at our company. We do not discriminate based on any protected category. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommod ation.