Trust Operations Officer jobs in Illinois
Trust Operations Officer directs the work of Trust Operations team in large and complex trust operations. Ensures that transactions are balanced and documented according to policies and procedures. Being a Trust Operations Officer oversees the input and maintenance of data in accounting systems and report generation. Coordinates the processing of dividends and disbursements. Additionally, Trust Operations Officer may require a bachelor's degree. Typically reports to a manager. The Trust Operations Officer manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Trust Operations Officer typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Recently Added Trust Operations Officer jobs
Trust Officer
- First Mid Bank & Trust
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Champaign, IL
FULL_TIME
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Position: Trust Officer Location: Champaign, IL
Job Id: 3556 # of Openings: 1 Administers accounts where the Company acts in the capacity of personal representative of an estate, trustee under will or inter vivos trust agreement, as a court-appointed guardian of the estate, and as an agent under a custody, escrow, safekeeping, or investment management arrangement.Responsibilities include, but are not limited to:- Where the Company is personal representative of an estate, the assigned trust officer is responsible for the following duties:
- Cooperating with legal counsel as to probate the will within departmental policies and applicable state law
- Identifying, collecting, securing, and appraising all assets and preparing an inventory in a timely manner
- Handling assets such as real estate and closely held corporations that must be specially managed
- Maintaining contact with beneficiaries concerning their interest
- Cooperating with accountant to properly determine tax elections, file federal and state tax returns, and pay taxes in a timely manner
- Ensuring that all estate liabilities are identified, proven, and satisfied
- Ensuring that remaining assets are distributed property
- Where the Company acts as trustee, the assigned trust officer is responsible for the following duties:
- Administering trust in accordance with the will or trust agreement, Company policies, and state laws
- Trust income is collected and properly processed and distributed or reinvested
- Trust principal is properly managed, invested, and distributed
- All tax reports and returns are prepared and submitted in a timely manner
- Responsible for performing the statutory duties of a guardian of real and personal property in accordance with the directions of the court and concerned governmental agencies and within departmental procedures and policies
- Responsible for performing all duties specified in the terms of a custodial, escrow, safekeeping, or investment management agreement. Secures and invests customer's assets, collects and remits or reinvests income as directed
- Responsible for the administration and management of certain personal trusts
- Responsible for building customer satisfaction in the Company
- Cross-sell other Company services with officers in charge of retail deposits, retail lending, commercial lending, and cash management
- Participate as a member of various Trust committees as assigned
- Represent the Company and provide leadership in key community activities and committees
- Participate in professional associations; attend conventions, conferences, and seminars
- Build relationships with potential referral sources
- Complete required training associated with job function
- Build and maintain strong customer relationships
- Perform other duties as assigned
QualificationsEducation/Experience:- Bachelor's degree in Finance or Business Administration or the equivalent of five plus years of specialized training in trust services
Skills:- High level of analytical skills to conduct trust/investment account analysis and maintain account's progress in consideration of market trends, interest rates, economic conditions, and other factors
- High level of interpersonal skills to interact with customers and potential customers in a professional manner
- Adequate knowledge of both internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment
First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENTHP123
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Equal Opportunity Employer - Where the Company is personal representative of an estate, the assigned trust officer is responsible for the following duties:
- 6 Days Ago
Trust Operations Specialist
- GreatBanc Trust Company
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Lisle, IL
FULL_TIME
- GreatBanc Trust Company, the leader in ESOP trust services, is headquartered Lisle, Illinois. We offer career opportunities for professionals that exemplify our high standards in service. Each team me...
- 22 Days Ago
Trust Officer
- First Mid
-
Champaign, IL
FULL_TIME
- Administers accounts where the Company acts in the capacity of personal representative of an estate, trustee under will or inter vivos trust agreement, as a court-appointed guardian of the estate, and...
- 6 Days Ago
Trust Officer
- Gpac
-
Montgomery, IL
FULL_TIME
- Trust OfficerA Trust Officer is a banking professional who services trusts and investments. This is a relationship-based role where customers can span generations. This role can service private and co...
- 7 Days Ago
Trust Officer
- Gpac
-
Montgomery, IL
FULL_TIME
- Trust OfficerA Trust Officer is a banking professional who services trusts and investments. This is a relationship-based role where customers can span generations. This role can service private and co...
- 7 Days Ago
Trust Services Officer
- U.S. Fiduciary Services, Inc.
-
Lisle, IL
FULL_TIME
- JOB/ROLE DESCRIPTION Title: QRP Trust Services Officer Reports to: SVP DESCRIPTION The Trust Services Officer (TSO) partners with the Client Service Officers (CSOs) by coordinating or completing the t...
- 1 Month Ago
Trust Operations Officer jobs at Popular Companies
Operations Administrator
- Construction Realty Safety Group (CR Safety)
-
New York, NY
- Position Overview: The Operations Manager is responsible for overseeing and optimizing various operational activities wi...
- 4/24/2024 12:00:00 AM
Operations Administrator
- Western American Foods
-
Carson City, NV
- Job Description Job Description Western American Foods is a small company that deals with Frozen Fruit Concentrates. We ...
- 4/24/2024 12:00:00 AM
Operations Administrator
- CRSG Construction & Realty Services Group
-
New York, NY
- Job Description Job Description Position Overview: The Operations Manager is responsible for overseeing and optimizing v...
- 4/23/2024 12:00:00 AM
Operations Administrator
- Crestwood Technology Group
-
Yonkers, NY
- Job Description Job Description BASIC FUNCTIONS The Operations Administrator contributes to the coordination of the Sale...
- 4/22/2024 12:00:00 AM
Operations Administrator
- Wilson Financial Group
-
Gastonia, NC
- Operations Administrator Advance your career and truly make a difference. We have an exciting opportunity for an organiz...
- 4/22/2024 12:00:00 AM
Operations Administrator
- Ascend Medical Staffing Llc
-
North Salt Lake, UT
- Ascend Medical Staffing North Salt Lake, UT, USA About our Company: Ascend Medical Staffing is a physician staffing comp...
- 4/22/2024 12:00:00 AM
Operations Administrator
- Intrack Investment Management Inc.
-
South Burlington, VT
- Position Overview: InTrack Investment Management, Inc., located in South Burlington and Norwich, Vermont, is on the look...
- 4/21/2024 12:00:00 AM
Operations Administrator
- Century Group
-
Los Angeles, CA
- Job Description Job Description Century Group is partnering with a client who is seeking an Operations Administrator to ...
- 4/21/2024 12:00:00 AM
About Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Trust Operations Officer jobs
$76,158 to $110,116
Most Popular Cities in Illinois for Trust Operations Officer Jobs
What does a Trust Operations Officer do?
Trust Operations Officer in Davenport, IA
The Senior Trust Operations Officer responsibilities include coordinating activities between client services, trust operations and the back-office service provider, partnering with staff to develop best practices and tools to improve workflows and efficiency and managing and providing leadership across simultaneous work requests and projects.
February 18, 2020
Trust Operations Officer in Rapid City, SD
Smith brings extensive industry experience in Retail Operations, Lending, Business Development, Marketing and Training.
December 13, 2019
Trust Operations Officer in Stockton, CA
His track record includes streamlining operations, maximizing productivity and reducing costs for manufacturing companies in the U.S.
December 15, 2019