Trust Administrator job in Portsmouth

Piscataqua Savings Bank, a community mutual savings bank and a Certified B Corporation with a Trust & Investment Department managing over $300 million in assets, is looking for a full-time Trust Administrator to join its team. In this position the Trust Administrator will assist Trust Officers in administering trusts accounts to assure that they are maintained in full compliance with the trust documents and will perform a variety of clerical and administrative tasks to support department personnel in a busy, dynamic professional environment.

The job duties include partnering with Trust Officers to meet client needs and expectations, performing account servicing and maintenance activities, serving as an additional point of contact for clients and reviewing all trust agreements and documents to confirm the account set up information and the Bank’s responsibilities. Assisting Trust Officers in setting up accounts, assets, distributions, disbursements, working files and maintaining integrity of account information for error-free client statements is a key responsibility. The maintenance of confidential information is an essential responsibility of this position. Non-licensed associate. Work consists of complex, varied, standardized and non-standardized tasks requiring application of numerous laws, rules, regulations and procedures.

The Trust Administrator is responsible for the following essential duties:

• Assist Trust Officers with administration of accounts from account opening through termination. Coordinate new account reviews.
• Assist with administration of special assets (real estate, etc.)
• Assist in estate administration, marshaling assets, appraisals, etc.
• Review account closings to assure all details are addressed.
• Maintain dry trust, prospective and new business folders.
• Prepare materials and assist committee chairs with meeting preparation (Trust Committee and Trust Management Committee).
• Prepare probate accountings and annual fiduciary reviews.

This is an opportunity to become an integral part of a busy, dynamic professional environment.

Job Requirements
Must develop and maintain an understanding of relevant legal requirements, tax laws, fiduciary concepts and individual client circumstances for fiduciary accounts, agency accounts and IRA’s, possess the desire to learn new procedures and have computer competency. Proficient use of Excel and Word are required; familiarity with integrated platforms as well as other software applications (including the Microsoft Office suite). This candidate must have a strong work ethic, good communication skills and the ability to handle multiple projects with varying deadlines.

Education Requirements
A Bachelor’s Degree, or equivalent work experience in a legal, financial services or wealth management environment.

Benefits
Piscataqua Savings Bank offers a competitive salary and benefits package that includes health, dental, life, long-term disability insurance, and flexible spending accounts for medical and/or dependent care, Employee Assistance Program, Student Loan Repayment Program, Employee Referral Bonus Program, pension and 401(k) plans, paid vacation, sick, birthday, volunteer time & holidays.

Covid-19 Precautions:

• Remote interview process
• Masks are required
• Plastic shields at work stations
• Temperature screenings
• Social distancing guidelines in place
• Virtual meetings
• Sanitizing, disinfecting, and cleaning procedures in place 

All customers are required to wear a mask, allowed to enter the Bank by appointment only and common surfaces are sanitized regularly.