Trust Departmental Intern at First State Bank and Trust

Bayport, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

12 May, 26

Salary

0.0

Posted On

11 Feb, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Communication Skills, Time Management, Critical Thinking, Problem Solving, Organizational Skills, Detail Oriented, Multi-tasking, Customer Service, Compassion, Integrity

Industry

Banking

Description

Description The Trust Department’s mission is to set up and manage trust funds for clients, as well as to advise clients on what investments to make while managing their assets. This internship will allow the individual to experience all aspects of the trust department. This position also provides the ability to have interactions with clients and independently work on special projects. The Trust Department comprises of Trust Officers, Trust Administration, and Trust Operations. The Trust Officer is responsible for growing and retaining Trust Client relationships, as well as onboarding and servicing these clients. This position works closely with Trust Administration and Trust Operations Departments, as well as other business development positions throughout the organization. Trust Administration is responsible for the onboarding and servicing of Trust clients. This includes preparing opening paperwork for new clients, opening/setup of new accounts on Trust software, providing ongoing customer service, supporting Estate administration, reviewing accounts, closing accounts, managing the Trust Portal site, DocuSign, and other computer programs to maintain on-line accounts, etc. Trust Operations supports the Trust Department by providing the accurate and timely processing of Trust client transactions and related data and recordkeeping services concerning their Trust accounts. This position will be responsible for processing incoming and outgoing transfers, sending client communications, and backing up other positions when others are out of the office. To be successful in this position you need to be very organized, detail oriented, accurate, have a good memory and be excellent at multi-tasking. Requirements Excellent verbal and written communication skills Enrolled in an undergraduate degree program in finance, banking, accounting, business or related field Time management and critical thinking skills A desire to learn and take initiative with problem solving Works cross-functionally with co-workers Strong people skills (compassion, integrity) SCHEDULE · This is a part-time position (15-25 hours per week) with flexible scheduling Monday – Friday between the hours of 8:00 a.m. – 4:30 p.m. during the summer season.

Responsibilities

The intern will experience all aspects of the Trust Department, including client interactions and special projects. Responsibilities include processing transactions, sending communications, and supporting Trust Administration and Operations.