Trust Administrator jobs in Massachusetts
Trust Administrator manages and administers a group of trust accounts. Reviews legal and financial documents, cultivates customer relationships and transfers and invests balances for clients. Being a Trust Administrator requires a bachelor's degree in area of specialty. Typically reports to a manager or head of a unit/department. To be a Trust Administrator typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)
Recently Added Trust Administrator jobs
Trust Administrator
- Bowditch & Dewey, LLP
-
Worcester, MA
FULL_TIME
-
We are seeking a highly organized and detail-oriented individual to join our team as a Trust Administrator in the Estate, Financial & Tax planning practice area. In this role, you will be part of a dynamic team dedicated to delivering top-notch legal services in a collaborative and supportive environment, playing a key role in assisting with the management of trust accounts with the highest level of professionalism, accuracy, and discretion. This individual will handle a variety of tasks, ranging from administrative to client facing duties. The ideal candidate will possess a strong understanding of trust administration and fiduciary duties along with excellent communication and organizational skills. You will have the opportunity to work a hybrid schedule of 4 days per week in office and 1 day per week remotely (Monday-Friday 8:30AM-5PM). This position will work out of the Worcester office.
Responsibilities- Support Trust Officers with trust and investment administration using trust accounting system including bill payment, reimbursements, trust and estate distributions, and tax payments; assist with opening new trust and estate accounts, set up interested parties, and submit external brokers’ executed trades; assist clients and beneficiaries with online view access to trust accounting system; perform irrevocable life insurance trust administration.
- Prepare and submit EIN requests online; complete documents to open trust, estate, and IRA accounts with financial institutions and complete all types of life insurance forms for irrevocable life insurance trusts and estates.
- Coordinate the Trust Investment Committee’s monthly review process, provide lists for the Committee’s external advisor, print reports from Investors’ View, combine with advisor recommendations and distribute to Committee members
- Perform online banking tasks for the Trust Department’s disbursement checking account, such as making remote deposits using a scanner and entering check details for fraud detection purposes (Positive Pay)
- Assist with gathering fiduciary and personal income tax information for returns processing, distribute grantor or beneficiary tax letters and forms by mail, e-mail, or upload, and assist with maintaining tax return tracking list
- Provide estate administration questionnaires to client families; arrange for decedent’s mail forwarding; prepare probate forms, real estate documents, and lists of estate assets and liabilities; arrange for appraisals of personal and real property, perform securities valuations; work with Personal Representatives to collect and consolidate assets, pay debts and expenses.
- Prepare cover letters; prepare DocuSign files to secure client signatures; scan documents and profile to NetDocs; enter data into the Will Vault and prepare original documents for transfer to storage at Iron Mountain.
- Coordinate and schedule video conference calls and in-person client meetings; function as a witness for client document execution and as a Notary Public where necessary; other administrative support tasks.
- Provide other administrative support and reception desk coverage as needed
- Bachelor’s degree preferred, but not required
- 3-5 years of experience in trust administration or a similar role
- Strong organizational skills with the ability to prioritize tasks and manage multiple deadlines effectively
- Excellent written and verbal communication skills, with a keen eye for detail
- Strong client service skills
- Intermediate computer skills including experience with Microsoft Office (Word, Outlook, Excel, PowerPoint), Kofax Power PDF or similar/equivalent PDF program, and NetDocs; willingness and ability to learn different technologies
- Ability to maintain confidentiality and handle sensitive information with discretion
- Appropriate math and problem-solving skills
- Enthusiasm for learning and willingness to adapt to changing priorities and workflows
- Competitive salary commensurate with experience
- Comprehensive benefits package, including health insurance, retirement plans, paid time off
- Opportunities for professional development and advancement within the firm
- A supportive and collaborative work environment with a team of dedicated professionals
If you are interested in becoming part of an organization which provides exceptional service, cost effective representation and successful results, please send cover letter and resume to:
Human Resources Department
Bowditch & Dewey, LLP
311 Main Street
P.O. Box 15156
Worcester, MA 01615-0156
E-mail: recruiting@bowditch.com
Equal Opportunity Employer
- 11 Days Ago
Administrator
- Dorset HealthCare University NHS Foundation Trust
-
Boston, MA
FULL_TIME
- Job summary An exciting opportunity has arisen to come and work within the Intensive Care Service for Dementia in West Dorset. Previous experience of RiO Electronic Patient Record is beneficial but no...
- Just Posted
Insurance Program Administrator
- Rockland Trust
-
Rockland, MA
FULL_TIME
- Reporting directly to the Finance Department, the successful candidate will be responsible for coordinating insurance activities, analyzing insurance data, ensuring compliance with regulations, and fo...
- 16 Days Ago
Trust and Estate Administrator - 24649
- Daley And Associates, LLC.
-
Boston, MA
FULL_TIME
- Trust and Estate Administrator - Boston - Hybrid Our client is a prestigious law firm specializing in estate planning, trust administration, and wealth management for high net worth individuals and fa...
- 2 Days Ago
4077 - Trust Administrator
- Nixon Peabody LLP
-
Boston, MA
FULL_TIME
- Job ID: 4077 Position: Administrator Location: Boston, MA Practice Area: Open Date: Wednesday, June 5, 2024 Job Function: Staff Job Description: The Trust Administrator is a skilled fiduciary professi...
- Just Posted
Estate Administrator
- Fiduciary Trust Company
-
Boston, MA
FULL_TIME
- Trust and Estate Administration Responsibilities:Perform all aspects of the estate administration process, including preparation and processing of probate court documents and forms, collection of esta...
- 2 Days Ago
Trust Administrator jobs at Popular Companies
Trust Administrator
- The Forge Companies
-
Mooresville, NC
- Job Summary Are you somebody who learns new processes and structures quickly, but enjoys every day being a little differ...
- 6/11/2024 12:00:00 AM
Trust Administrator
- Country Club Bank
-
Kansas City, MO
- Administer an existing portfolio of trust, investment management, IRA and other related accounts in conformity with curr...
- 6/11/2024 12:00:00 AM
Trust Administrator
- Russell Tobin
-
San Diego, CA
- Pride Global/Russell Tobin is currently seeking Trust Administrator to support our client. This is an excellent opportun...
- 6/10/2024 12:00:00 AM
Trust Administrator
- Bowditch & Dewey, LLP
-
Worcester, MA
- Job Description Job Description Company Overview: Join Bowditch & Dewey as a Trust Administrator in Estate, Financial & ...
- 6/10/2024 12:00:00 AM
Trust Administrator
- Sierra Executive Solutions Inc
-
Las Vegas, NV
- Sierra Executive Solutions, Inc. (SES) is a 3rd party search firm recruiting for a Trust Administrative Officer in Las V...
- 6/8/2024 12:00:00 AM
Trust Administrator
- Midland States Bank
-
Tarrytown, NY
- Trust Administrator Salary Range: $62,800 - $83,700 annually At Midland States Bank, base salary is one component of our...
- 6/7/2024 12:00:00 AM
Trust Administrator
- Midland States Bank
-
Chicago, IL
- Trust Administrator Salary Range: $62,800 - $83,700 annually At Midland States Bank, base salary is one component of our...
- 6/7/2024 12:00:00 AM
Senior Trust Administration Specialist
- Edward Jones
-
Saint Louis, MO
- Your passion. Our purpose. This could be powerful. Maybe the markets keep you up at night. Trusts are your forte. Or you...
- 6/7/2024 12:00:00 AM
About Massachusetts
Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River.
Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Trust Administrator jobs
$67,723 to $86,534
Most Popular Cities in Massachusetts for Trust Administrator Jobs
What does a Trust Administrator do?
Trust Administrator in Nashville, TN
If you have any questions, you should call the estate attorney who set up the trust for them.
December 03, 2019
Trust Administrator in Cleveland, OH
Becoming the family trust administrator is a big responsibility during a stressful time.
December 25, 2019
Trust Administrator in Shreveport, LA
Is contingent as of the time of allowance or disallowance." The Trust Administrator's disallowance theory is based upon the manner in which CNA calculates the total premium owed under its retrospective rating formula.
December 29, 2019