Trust Administrative Assistant

Trust Administrative Assistant

Department: Wealth Management

Reports to: Kurt Kunsch, SVP Trust Managing Director

Supervises: NA

Summary: Phoenixville Federal Bank & Trust is looking for an investment and trust administrator to support the Wealth Management division of the bank. The individual should possess general banking and investment management knowledge for the position. We seek a person that has a strong work ethic, is self-motivated, detail oriented, a team player, and possesses excellent customer service and communications skills. The ideal candidate will possess an understanding of investment and trust operations.

Job Requirements:

· Superior attention to detail

· Knowledge of basic investing, investment vehicles, IRA’s, trust administration, estate administration and income/estate tax matters

· Self-motivated requiring minimal supervision

· Excellent written and oral business communication skills

· Demonstrates problem solving and decision-making skills

· Strong Microsoft Office (Excel, Word, and PowerPoint) skills

Preferred:

· Bachelor’s Degree in business, economics, accounting, finance, or related field with two or more years of related experience or equivalent professional experience with five or more years of related experience.

Specific Job Functions:

1. Perform duties of trust administration including client communication, retention, and relationship management.

2. Perform duties of trust operations including daily posting, balancing and asset record management.

3. Interface with trust accounting system, workflow processes and trust operations.

4. Handle daily account transactions such as wire and cash transfers, ACH disbursements, bill payments, security transactions, purchases, and sales of assets.

5. Coordinate account opening documentation processes including transfers of assets and accounts.

6. Monitor transactions for completion and accuracy.

7. Coordinate investment transactions.

8. Calculate unitrust, total return, required minimum distributions, and other payments to beneficiaries.

9. Provide backup support for trust officers in client service and communication.

10. Coordinate tax related payment information.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Application Question(s):

• Why are you interested in working for a community bank?

Education:

• Associate (Required)

Experience:

• Business, Economics, Accounting, Finance or related field: 2 years (Required)
• Investment management: 3 years (Required)

Work Location: In person