Responsible for the complete administration of assigned accounts and personally administers/manages the larger and more complex accounts; represents the company in business activities and contacts with customers, attorneys, and beneficiaries relating to these accounts.
Manages the larger and more complex accounts in accordance with the terms of the nominating instrument and in a manner consistent with the needs of principals, beneficiaries, etc.
Controls the activities of other officers in the administration of a designated class or group of accounts, such as trusts, estates or agencies.
Develops new business and advises or consults with other officers on details of proposed plans.
Assigns new accounts for administration and provides training, advice and guidance on problems that arise in their assigned accounts.
Ensures that the wishes and instructions of principals, donors, and decedents are carried out in investments and distributions.
Resolves problems brought by principals, beneficiaries, and others such as requests for special distributions or planning and approving necessary expenditures for care and maintenance.
Provides customers with information and assistance regarding investment management, statements of accounts, taxes and remittances.
Represents the company at meetings of boards of directors and investment or management groups related to businesses or charitable institutions for which the trust department provides a service.
Participates in department administration by recommending changes in procedures and policies, and reviews documents and nominates instruments to determine acceptability to the company.
Responsible for the supervision of assigned staff and exercises the usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, and terminations (if applicable).
Responsible for the completion of all compliance training related to the position.
Must understand all applicable laws and regulations that apply to the position and complies with the requirements.
Five (5) to eight (8) years trust experience preferred.
Prior supervisory experience preferred.
Good PC skills--proficiency in Word and Excel essential.
Ability to be proactive, take initiative, and carefully monitor, follow through, and complete every project/responsibility.
Strong written and verbal communications skills.
Analytical and problem solving skills with attention to detail.
Strong relationship management skills.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.
While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.
2 openings. Employer will assist with relocation costs.
Internal Number: 45468
About 1st Source Bank
1st Source Bank is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. We operate banking centers as well as Trust and Wealth Management locations and 1st Source Insurance offices. We deliver a range of banking services providing highly personalized attention to our clients and communities. Come work for an organization that has been recognized for our strong workplace environment that values its employees and our positive work culture. We base employment on an individual's values, personality, experience, skills, and talents. We value our colleagues and treat each with honesty, dignity and respect.