What are the responsibilities and job description for the Senior Trust Officer position at Moneta?
Company Description
Moneta is one of the nation’s largest independent Registered Investment Advisors (RIAs) focused on going further for our clients. We are one firm with many solutions, and we provide a full spectrum of financial advisory services, but our true purpose is centered on building relationships and providing exceptional service to our clients around the globe.
Job Description
Moneta is seeking an accomplished Trust Officer to oversee the development, execution, and management of all facets of Moneta Trust operations. The ideal candidate will possess the ability to efficiently plan, coordinate, and oversee daily administrative, operational, and compliance tasks, while also collaborating closely with the Vice President of Estate and Trusts Services. This role involves active participation in diverse committees, audits, and examinations. Additionally, the Trust Officer will serve as a key relationship manager and fiduciary advisor, ensuring exceptional trust administration for our valued client relationships.
Essential Responsibilities
- Works closely with the Board of Directors and senior management to develop strategic plans, reviews reports; organizes plans and makes recommendations for major Trust initiatives and budgets.
- Oversees actions of comprehensive self-testing, independent third party and regulatory audits; makes necessary preparations for such audits or exams; coordinates responses to external auditors and regulatory examiners; ensures deficiencies identified from such audits and examinations are corrected.
- Ensures compliance with all applicable reporting and recordkeeping requirements.
- Consistently applies superior decision-making techniques pertaining to inquiries, approvals and requests as they apply to existing policies and procedures, keeping within assigned approval limits and using these instances as learning tools for employee development.
- Responsible for meeting with Moneta Advisors and potential trust clients to explain Moneta Trust’s value, and to onboard trust clients.
- Processes, solves and answers complex customer transactions, problems or inquiries.
- As a primary fiduciary contact, resolves problems for client issues, completes annual administrative reviews, ensures compliance and proper documentation requirements for fulfilling internal fiduciary policies and procedures regarding business acceptance, discretionary actions, and all other trust policies and guidelines.
- Works closely with trust assistant to ensure proper tax reporting.
Qualifications
- 8 years of experience in Trust Operations
- Experience with Trust accounting software, reporting requirements and Trust Admission Committees
- B.S. in Business, Accounting or Management
- JD, CTFA, CFA, CFP or other professional designations, preferred
Additional Information
Moneta is committed to providing the best possible care for our employees; part of this care includes offering comprehensive benefits that enhance the wellbeing of employees and their families:
- Paid holidays
- Paid time off (PTO)
- Employer cost-shared medical and dental insurance
- Employer paid short-term disability, long-term disability, AD&D insurance, and basic life insurance
- 401k Match – 50% of employee contributions up to 6% of compensation
- Discretionary annual profit-sharing bonus
- Paid parental leave
- Professional development reimbursement
- Paid volunteer time off (VTO)
- Employee referral incentive bonus program
- Onsite wellness programs & rewards
- Employee engagement activities
Moneta is a fiduciary fee-only Registered Investment Advisory firm and unable to hold securities licenses with the exception of Series 65. We also do not allow outside business activities, insurance commissions and/or trails.