Trust and Fiduciary Services Specialist
Trust and Fiduciary Services Specialist
Organization: Tri-Star Trust
Location: Lansing, MI
Pay Range: $43,532 - $66,748 (higher rate may be considered, based on successful candidate’s experience)
Summary:
As a Trust and Fiduciary Services Specialist, you’ll manage ongoing trusts for beneficiaries and probate/trust settlement following the death of Tri-Star Trust clients. You'll oversee the complex and unique needs of beneficiaries and decedents.
Position Responsibilities:
- Opening and transferring accounts.
- Working with beneficiaries to assess their ongoing financial needs and appropriateness of distributions.
- Maintaining appropriate trust accounting.
- Preparing communications for internal trust committee.
- Identification and collection of assets owned by the decedent at the time of death.
- Valuation of all assets as of date of death.
- Settlement of all debts and payment of all valid claims and costs of administration.
- Distribution of assets pursuant to the terms of the Trust and/or Will.
- Manage issues of timing and beneficiary needs during the estate settlement process.
- Consult with outside attorneys, accountants, and others in managing and controlling risk.
- Create, enhance, and expand customer relationships.
- Work toward developing process improvement and creating best practices to share trust team
members.
- Reimbursed travel during working hours within the state of Michigan.
- Other duties as assigned.
Qualifications:
- Bachelor's Degree in related field or equivalent combination of education and experience.
- Two or more years of relevant estate settlement, probate administration, trust administration, or estate planning experience.
Skills/Knowledge/Abilities (SKA) Required:
- Understanding of fiduciary accounting.
- Strong organization and analytical skills with high attention to detail.
- Ability to execute various time sensitive tasks with a sense of urgency.
- Excellent verbal, written and interpersonal communication skills and the ability to communicate with various stakeholders including beneficiaries, and third party professional contacts in insurance, real estate, investment, etc.
- Desire for continuous improvement of technical skills in the Trust, Estate and Financial Services industry.
Hiring Solutions LLC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Hiring Solutions LLC complies with applicable state and local laws governing nondiscrimination in employment.