Corporate Trust Manager - Assistant Vice President

Position Summary:

The Corporate Trust Manager leads the strategic direction, operations, and administration of the Corporate Trust department, ensuring the effective delivery of corporate trust, bond, custody, and safekeeping services. This role is responsible for team leadership, regulatory compliance, risk management, client service, and operational excellence while fostering a culture of accountability, collaboration, and continuous improvement.

Essential Functions:

• Provide leadership and performance management of the Corporate Trust team members to include coaching, development, and assistance.
• Ensure team members are trained and comply with bank policy, laws and regulations applicable to their roles. Monitor their adherence to internal controls and take action to address employee performance issues.
• Represent the Corporate Trust team during internal and external audits and regulatory reviews.
• Perform Corporate Trust functions and execute documentation requirements to ensure accounts are administered correctly and efficiently. This includes payment of debt, investment of assets, and monitoring compliance with covenants.
• Foster internal partnerships allowing for better marketing opportunities to new clients thereby generating new revenues in addition to maintaining existing accounts.
• Lead the development and implementation of approved policies, procedures and programs of the Corporate Trust department.
• Complete final review and verification of annual compliance reviews as required by Corporate Trust policies and procedures.
• Actively participates in business development via direct marketing locally, out-state and out of state.
• Field inquiries from corporate customers and bondholders concerning various aspects of the Corporate Trust department with respect to bond issues, custody and safekeeping business.
• Serve as a trusted liaison to internal business units, promoting collaboration, alignment, and effective communication to support business objectives and drive operational excellence.
• Review, negotiate, and render comments on new account documents to meet acceptance requirements according to Corporate Trust policies.
• Analyze current and potential problems and makes recommendations and/or decisions to mitigate risk and potential loss. Notifies counsel when appropriate.
• Maintain a Certified Corporate Trust Master Certification.
• Participate in the investment of funds deposited and held for various trust accounts in accordance with governing documents.
• Participate in the budgeting, planning, and fee collection processes for the department.
• Understand and adheres to all bank policies, laws and regulations applicable to their role. Completes compliance training; follows internal processes and controls as required.
• Report all compliance issues, violations of law or regulations in accordance with the steps defined in bank policies.
• Perform other job-related duties or special projects as assigned.
• Regular and reliable attendance is an essential function of this position.

Qualifications:

• Bachelor’s degree in business administration, accounting, Finance, or comparable Corporate Trust experience required.
• Prior leadership experience minimum 5+ years preferred.
• Banking, trust or financial services experience minimum 5+ years required.
• Corporate Trust experience 2+ years preferred.
• Certified Corporate Trust Master Certification preferred and/or willing to acquire.
• Proficient in Microsoft Word, Excel and in working with other financial software.

Preferred Talents:

• Highly accurate and detailed
• Independent and decisive
• Customer focused and positive
• Achiever and motivator
• Analytical and problem solver
• Ability to manage multiple responsibilities
• Team builder
• Lead in a positive manner promoting the bank’s customer service philosophy

Majority of work indoor – may be exposed to some outdoor elements or hazards.

Some sedentary work and occasional lifting and/or carrying up to 25 pounds.

This role is eligible for hybrid work from home opportunity under the work from home guidelines upon completion of onboarding.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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