Senior Associate, Meristem Trust Company

Company: Meristem Family Wealth
Location: Minnetonka
Posted on: March 26, 2020

Job Description:

Meristem Trust Company is headquartered in Sioux Falls, South Dakota and was founded in 2015. It is--a wholly owned subsidiary of Meristem Family Wealth, a federally registered investment advisory firm.--We create plans that deliver a families trust needs, serving at the highest fiduciary standard. Our South Dakota presence uniquely positions Meristem Trust Company (MTC) to offer the benefits of favorable trust and tax laws, significant asset protection and privacy.--Our flexibility and customization makes us a preferable alternative to many large institutions.--Meristem Family Wealth, as its parent company, was founded in 1999 with offices in Minnetonka, Naples, Scottsdale, and Sioux Falls. Meristem is a boutique firm with the scale and structure to serve multi-generational families in the management of their wealth and the development of their legacy. We place a high value on our independence. We focus on people first.--As a service business, our people are our assets.--Engaging our clients and employees is our highest priority.--Given our continued organic growth, Meristem Trust Company is seeking a Senior Associate to add to our team.--POSITION SUMMARY: SENIOR ASSOCIATE, MERISTEM TRUST COMPANY--The Senior Associate coordinates and manages information and operational aspects regarding trust relationships, working closely with internal team members, grantors, beneficiaries and their individual advisors within the Meristem Trust Company platform.--I.ESSENTIAL JOB FUNCTIONS AND DUTIESTo perform this job successfully, an individual must be able to perform each essential duty.----A.Trust Relationships---Proactively identify planning needs---Supports high touch relationships through monitoring project timelines and communicating with team members---Monitors and follows up on execution of transactions and completion of projects-------Coordinates financial information with grantors, beneficiaries, attorneys, CPAs, etc.---Assists in maintaining client communications with trust officers in Sioux FallsB.Financial and Reporting---Compiles financial information and prepares presentations for meetings-----Monitors trust accounts to cover cash flow needs of trust and partners with advisors to cover cash needs---Understands Meristem's investment philosophy to partner with Meristem Family Wealth team on mutual clients' needsC.Operations---Partners with the client service team to coordinate the onboarding of trusts---Maintains a high level of compliance standards at all times---Conducts research and analysis---Maintains organization of action items and financial information using Salesforce--Other duties may be assignedII.REQUIRED KNOWLEDGE, SKILLS AND ABILITIESA.--The requirements listed below are representative of the knowledge, skill, and/or ability required------in this job position.---Understands and complies with South Dakota Division of Banking, SEC and other company required rules and regulations---Demonstrates effective speaking and presentation skills---Strong writing proficiency and excellent communication skills---Demonstrates strong numerical aptitude---Possesses outstanding organizational skills and the ability to manage and balance multiple projects simultaneously---Demonstrates initiative, problem solving ability, and adaptability and flexibility---Ability to work independently without direct supervision---Excellent interpersonal skills with the ability and desire to work on a team---Proficient with MS Excel, Word and MS PowerPointB.Represent Meristem's Core Values---Client-first mentality---Passion for the craft---Humble-----Driven to succeed---Collaborative and responsible-----Evolving and innovativeIII.MINIMUM EDUCATION AND EXPERIENCE---BA in Finance, Accounting or related degree-------Minimum of two to three years' experience in financial services, trust administration, or related industry---Interest in financial planning, trust administration, and client service---Advanced certification, or actively working toward one, preferred (ex: CTFA, CFP--, CPA)-----Experience with Salesforce-- and/or Tamarac Reporting is a plusIV.PHYSICAL DEMANDSThe physical demands described herein are representative of those that must be met by an employee to successfully perform the essential functions of this job.--Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing all duties of this job position, the employee must be able to work at least 8 hours per day, and must be able to communicate with the public.--He or she is regularly required to sit; stand, bend from the waist, write, operate the computer and all office equipment, use the phone; speak intelligibly; and hear.--This job description is intended to describe the general nature and level of work being performed by employees assigned to this position.--It is not intended to be an entire list of all activities, tasks and skills required of employees in this position.DATE:--March 2020SENIOR ASSOCIATE, MERISTEM TRUST COMPANYFulltime/exemptDepartment:--Meristem Trust CompanyReports To:--Vice President of Meristem Trust CompanyJob Location: Minnetonka, MN----See website for full job description: https://www.meristemfw.com/about/careers/

Keywords: Meristem Family Wealth, Minnetonka , Senior Associate, Meristem Trust Company, Accounting, Auditing , Minnetonka, Minnesota