This position is for Corporate Trust Relationship Manager

 

 

Overview: Corporate Trust Relationship Manager 1’s manage and develop complex client relationships during the administration of Trust accounts including corporate trusteeships and paying agency, custody, escrow, agency and other related types of accounts.

 

Responsibilities : Manages and develops new business for large and complex Trust relationships.

Administers, invests and/or solicits business of large and complex relationships in compliance with bank policies, account documents, laws and regulations. Represents the company in business activities and serves as a contact for clients, attorneys, CPAs and beneficiaries relating to assigned accounts. May represent the company on boards or committees related to businesses or institutions for which the trust department provides a service. Analyzes, studies, and gains full understanding of governing documents. Manages accounts in accordance with the terms o f the governing documents and in a manner consistent with the service standards. Reviews financing documents to assure that the bank is comfortable with all terms and conditions that may require the hiring of trustee counsel to represent the bank in the transaction and the negotiation of terms of the documents.

Responsible for assuring that the obligor is complying with all covenants that the trustee is responsible for monitoring through various reports or certificates that the obligor must file with the trustee.  These may include insurance certificates, audits, budgets, rebate reports, no-default certificates or other documentation unique to each program. Coordinates management of accounts with investment officers, trust tax officers, trust real estate officers, Trust Operations, and others as required. Assures the accounts are in compliance with all applicable policies, procedures and/or federal/state laws and regulations. Keeps current with all developments, applicable laws and regulations within individual field and provides advice to other Trust RMs and/or business partners. Contacts or corresponds with attorneys, agencies and other parties who have an interest in any aspect of an account. Resolves problems brought by interested parties. Makes court appearances at audits or other proceedings, and deals with attorneys, agents and others for the acquisition, disposition or preservation of trust assets and related business. Proactively analyzes existing relationships and networks with local professionals and centers of influence for new business opportunities. Advises or consults with other officers on details of proposed business plans. Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act. Responsible for achieving sales goals set by management.

Establishes a calling program for clients, prospects and centers of influence that will facilitate new business development from existing clients and new prospects, and documents all on sales/relationship management reporting tools.

May attend professional conferences or trade shows held by the client/prospect base in order to promote the company brand and trust expertise. As well as various public meetings held by clients or groups that provide services to clients in order to both be aware of current client needs as well as looking for new business opportunitie . In consultation with more senior team members, may produce proposals for new business pricing or terms in conjunction with LOB Manager

 

Qualifications :  Bachelor’s degree, preferably with a concentration in business or related field. 2 years of experience in banking or financial services required. An equivalent combination of education and experience may be considered. 

 

Physical and Environmental Demands - Ability to travel if required to perform the essential job functions. Ability to work under stress and meet deadlines. Ability to operate  related equipment to perform the essential job functions. Ability to read and interpret a document if required to perform the essential job functions. Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions.  If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

 

Equal Opportunity/Affirmative Action Employers.