Institutional Trust Officer

Piper Companies is looking for an Institutional Trust Officer for an established trust company. This is a full-time/permanent position with a hybrid schedule (3 days on-site in Wilmington, DE).

Responsibilities for the Institutional Trust Officer

·       Responsible for all aspects of institutional trust administration, including quality checking of new account setup, annual reviews, and ongoing relationship management.

·       Review of all accounts to ensure proper categorization of cash (principal and income), cost basis, tax reporting, and all other aspects of each trust.

·       Interact with Financial Advisors and clients in defining goals and objectives, working along with the Investment Officer to establish the appropriate asset allocation and review and approve portfolio changes in trusts involving more complex situations or complex assets.

Qualifications for the Institutional Trust Officer

·       5+ years of experience in Retirement and Institutional Trust Custody administration.

·       Skilled in applying fiduciary standards and ERISA regulations to ensure client compliance.

·       Adaptable and detail-oriented, able to manage shifting priorities and meet tight deadlines in a dynamic environment.

·       Solid understanding of diverse investment types and financial strategies.

·       Capable of interpreting policies and recommending procedural improvements.

·       Operates independently, exercises sound judgment and escalates complex issues when needed.

·       Bachelor’s degree in Finance, Accounting, or related field.

Compensation:

·       Annual Salary: $100,000 - $140,000 based on experience plus bonus eligibility

·       Hybrid work schedule

·       Comprehensive Benefits: Medical, Dental, Vision, 401K, PTO, Sick Leave if required by law, and Holidays

This job opens for applications on 5/27/2025. Applications for this job will be accepted for at least 30 days from the posting date.

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