Location: Wakefield, MA

Description: 

We currently have a full-time opportunity to join our Wealth team as a Trust Administrator. Responsible for assisting all Trust Officers in the day-to-day administration of fiduciary accounts, including agency, trust, IRA and custody accounts.  Interacts directly with clients, facilitates client requests, and monitors RMD payments and tax payments.  This role ensures accurate account administration, smooth daily operations, and responsive client service.

ESSENTIAL JOB FUNCTIONS

• Provide administrative support to Trust Officers in the management of client relationships.
• Maintains ongoing communication with clients, beneficiaries, attorneys, CPAs and internal bank departments to ensure high levels of client satisfaction
• Responsible for payment of IRA required distributions.
• Coordinates account openings, closings and transfers and prepares related documents.
• Maintains accurate records, files, and documentation.
• Assist in the completion of annual administrative account reviews.
• Prepare documents to present to the Trust Administration Committee.
• Required to participate in training and comply with all Bank policies and procedures, as well as Federal and State banking laws and regulations.

WORKING CONDITIONS/PHYSICAL DEMANDS

• Normal office environment.
• While performing the duties of this job, sitting is regularly required for long periods of time. The job frequently requires speaking or hearing. Specific vision abilities required by this job include close vision and the ability to adjust focus. This job requires frequent computer monitor use.

$55,348 – $72,013 – $88,577