Fifth Third Bank Trust Specialist. in Nashville, Tennessee
Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. We've staked our claim on looking at things differently to making banking a Fifth Third Better. This applies to our relationships with customers and employees alike.
We employ about 18,000 people, and what we offer is:
# A chance for employees to build their future, with supportive career development and financial wellness programs.
# An environment where we win together. We celebrate achievement and work collaboratively. We're also a three-time Gallup Great Workplace honoree.
# An invitation to impact lives in a positive and lasting way. Everything we do is geared toward improving lives. That's fun and exciting.
It comes down to the fact that Fifth Third is a warm and caring place to with which to grow # as a customer or as a team member.
The Wealth and Asset Management division puts more than 100 years of experience to work to help individual, business, and institutional clients build and manage their wealth. Better ideas # and better solutions # begin with better listening. Listening to our clients is at the heart of our strategy to help our clients achieve their financial goals.
.Partner with the Senior Trust Officers and Trust Officers in every aspect of servicing their client base to ensure greater client satisfaction, client retention and growth, and compliance with all policies and procedures governingfiduciaryrelationships.Primary responsibility for the fiduciary team's interface with the trust accounting system, the IA Workflow System, the Unique Assets Team and all trust operations functions
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures thatactions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
DUTIES AND RESPONSIBILITIES:
#Partner with a Trust Officer to service his/her clients
#Frequent direct communication with clients
#Support the Trust Officer to administer multigenerational trusts, often with discretionary income and principal payments distributed among multiple family members, while managing financial risk
#Partner with the Trust Officer to retain client base by working with the client service team and partnering with internal and external service providers to optimize effectiveness and efficiency in achieving the highest client service standards
#Partner with the Trust Officer to resolve client issues
#Ensure a smooth transition as the client moves among service models
#Assist with the completion of annual administrative account reviews
#Provide necessary maintenance/interface for trust accounting system
#Review and ensure the quality of the daily account activity in the IA Workflow System
#Ensure compliance and proper documentation requirements are met, consistent with internal fiduciary policies and procedures regarding business acceptance, discretionary actions, and all other bank policies, procedures and guidelines
#Work closely with the Trust Officer and Trust Tax Accountants to ensure proper tax reporting
#Work with IASC to open and close accounts; process additions to and distributions from accounts
#Frequent interaction with various operations teams within the Bank
#Partner with the Trust Officer on client sales calls
#Prepare marketing proposals and materials
#Participate in the Life360 Process to identify and provide appropriate products, services, and cross-selling opportunities
#Demonstrate client contact and relationship management skills
#Utilize and ensure prospect/client information is appropriately entered, updated, and managed in the CRM tracking system
#Demonstrate a sense of urgency for client service and completion of projects/tasks
#Demonstrate sound decision-making skills, including balancing business risk to Fifth Third Bank with client interests
#Work with multiple managers and balance competing priorities
#Champion the Bancorp Vision and Core Values through personal actions
#Recommend enhancements to policies and procedures
#Develop a working knowledge of current trends and changes in the industry with regard to fiduciary matters (e.g. estate planning, probate, estate, gift and income tax planning, guardianships, special needs trusts, state-specific law)
.Supervisory Responsibilities: None
KNOWLEDGE & SKILLS REQUIRED:
.Bachelor's degree preferred; professional designations (e.g. CTFA, CFP, CPA) preferred
.Demonstrated fiduciary sales/client service experience and success preferred
.Demonstrate basic knowledge and skills in the areas of trust administration, estate planning strategies and income, gift and estate tax matters
.Demonstrate a basic understanding of financial markets and investment theory
.Operate effectively in an environment that stresses both individual accountability and team-based performance
.Exhibit strong interpersonal communication skills
.Demonstrate interpersonal negotiation, verbal and written communication and presentation skills
.Use effective problem solving and strong analytical skills
.Exhibit professional presence
.Desire a fast-paced team environment, working with experienced professionals from multiple disciplines to deliver high quality client service
.Strong computer/technical skills required: Ability to use all Microsoft Office software including: Word, Excel, PowerPoint, Outlook and Access
.Normal office environment with little exposure to dust, noise, temperature and the like.
.Extended viewing of CRT screen.
Fifth Third Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.