Trust Officer (FULL TIME) - BUFFALO, WY

 

Summary/Objective: The Trust Officer will provide clients with expert advice on trust and estate matters, creating and overseeing trusts under the terms of the governing trust documents.  


Essential functions:

Trust Officer

  • Assists clients, in conjunction with client’s legal and tax advisors, with formation of new trust accounts, providing advice concerning types of trusts and arrangements that are best suited for the situation. 
  • As part of a team, aids in the management of various trust assets including, but not limited to, real estate, farm and ranch, oil, gas, wind & other energy assets.
  • Collaborates with client’s attorney to draft legal documents specifying trust and estate provisions, duration, and other matters.
  • Collaborates to choose appropriate investments based on long-term financial goals and the best interests of the beneficiaries; ensures that fiduciary judgment is followed in investment of the trust.
  • Facilitates the process of transferring funds and assets to corpus of trust. 
  • Collects income or proceeds from sales of assets and deposits funds in trust accounts. 
  • Facilitates payment of debts, liquidation of liabilities, and disbursement of funds as needed by the beneficiaries and conditions of the trust.
  • Prepares and reports financial accountings for grantor, beneficiaries, executors, and/or courts as required by specific provisions of a trust agreement.
  • Prepares, files, and pays, or oversees preparation and payment of applicable state and federal taxes for the trust.
  • Promotes the bank’s trust services to clients, community members, and business associates.  
  • Acts as personal financial advisor when specified by the guidelines of the trust agreement. 

Competencies:

  • Knowledgeable of bank policies, procedures, and regulations
  • Maintains a proficient knowledge of all Trust rules and regulations.
    • Strong knowledge of personal trust, investment, and wealth management.
  • Attend training on bank/job-related topics.
  • Strong organizational, analytical, and problem-solving skills
  • Ability to work both independently and as part of a team
  • Strong planning and problem-solving skills.
  • Detail oriented 
  • Candidate must possess leadership ability and collaboration skills to work with all areas of the bank
    • Candidate must act professionally at all times
    • Able to handle confidential information
    • The ability to read and interpret legal documents, vendor contracts, policies, procedures, audit reports, examination reports, etc.
    • A detective, someone with an intuitive sense of detail
    • Proficient in Microsoft Suite (Word, Outlook, Teams, PowerPoint, and Excel)
    • Computer savvy: able to learn new software quickly
    • Self-motivated and persistent in following through and learning quickly 
    • Excellent interpersonal, verbal, written, and communication skills
    • Independent decision maker within authority limits
    • Commitment and continuous demonstration of ethical behavior and willingness to adhere to all company policies and current financial legislation.
    • Conform to the Bank’s core values which are:
      • Exceptional Customer Service- Everyone matters, always.
      • Family Driven- Ours, yours, we put family first.
      • Community Focused- Our communities are the backbone of our business.
      • Communication- Open, clear, and honest communication is key.
      • Teamwork- Individuals working together to achieve a common goal

    Education/Qualifications:

    • Education: A college degree in business management, banking, finance, accounting, oil and gas management or equivalent work experience
    • Experience: At least three years of experience with a financial institution, investment bank, law firm, brokerage/advisory firm, or related experience 
    • Attorney, JD, CTFA, CFA, CFP, or other professional designations a plus

    Supervisory:

    This position has no direct supervisory responsibilities and may serve as a coach and mentor for other positions in the organization. 

    Working Conditions

      • Normal office environment. 
    • While performing the duties of this job, the employee is regularly required to stand; walk; use hands to type, carry, handle, and feel objects; reach with hands and arms; talk or hear. The employee must occasionally lift and/or move up to 25 pounds and more with assistance. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus
    • Occasionally exposed to upset customers when performing everyday activities and other banking services.
    •  
    • To apply for this position, please submit resume by email to Nick Thom at nthom@firstnortern.bank

       

      First Northern Bank is committed to equal opportunity for all, without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, age, veteran status, disability, genetic information, or any other protected characteristics.  First Northern Bank will make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business.  If you are interested in applying for an employment opportunity and feel you need a reasonable accommodation pursuant to the ADA, please contact us at 307-684-2211.


      Working Conditions

        • Normal office environment. 
      • While performing the duties of this job, the employee is regularly required to stand; walk; use hands to type, carry, handle, and feel objects; reach with hands and arms; talk or hear. The employee must occasionally lift and/or move up to 25 pounds and more with assistance. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus
      • Occasionally exposed to upset customers when performing everyday activities and other banking services.

      *The work environment characteristics described here represent those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.


      This document is intended to describe the general content and performance requirements of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements and does not imply a contract.