First MidIllinois Bancshares, Inc

Senior Fiduciary Officer

First MidIllinois Bancshares, Inc • $88K — $110K *
Peoria, IL 61604In-Person
Finance & Insurance
5 - 7 years of experience
2 months ago
Job Overview by Ladders

Qualifications

  • J.D. and/or CTFA required.
  • Bachelor's degree in Finance or Business Administration or equivalent experience (15 years in fiduciary administration).
  • Minimum five years managing trust administrators and support staff.
  • Periodic continuing education in job-specific functions.
  • Thorough knowledge of company's products and services.

Responsibilities

  • Supervise trust administration staff and their sales activities.
  • Act as lead subject matter expert for fiduciary services.
  • Administer accounts where First Mid serves as estate administrator, trustee, etc.
  • Enhance customer satisfaction at First Mid.
  • Collaborate to cross-sell Trust Services with other business lines.
  • Represent First Mid in community activities and professional associations.
  • Facilitate regular meetings and coaching opportunities with staff.
  • Select, train, and evaluate trust administration personnel.

Benefits

  • Competitive health, dental & vision coverage with HSA match.
  • 401(k) with employer match and Employee Stock Purchase Plan.
  • Generous PTO, paid holidays, and parental leave.
  • Tuition reimbursement and performance-based bonuses.
Full Job Description
Lead the trust administration function of the Trust Services business line. Serve as lead subject matter expert for fiduciary activities. Provide direct supervision of assigned trust administration staff. Administer assigned book of trust business.

Responsibilities include, but are not limited to:
  • Supervise the administration and sales activities of trust administration staff.
  • Serve as lead subject matter expert for fiduciary activities.
  • Perform all duties for assigned accounts where First Mid serves as: estate administrator, trustee, co-trustee, guardian, conservator, and agent.
  • Build customer satisfaction at First Mid.
  • Cross-sell Trust Services with officers in charge of other First Mid business lines.
  • Represent First Mid and provide leadership in key community activities and committees.
  • Participate in professional associations, attend conventions, conferences, and seminars.
  • Build relationships with potential referral sources.
  • Meet with staff regularly (both 1:1 and in group meetings). Establish regular coaching opportunities with direct reports to review goals and highlight further personal development.
  • Select, train, supervise, and evaluate trust administration staff to enhance individual productivity and enable them to function according to their respective job description.
  • Complete required training associated with job function.
  • Perform other duties as assigned.


Qualifications

Education/Experience:
  • J.D. and/or CTFA required.
  • Bachelor's degree in Finance or Business Administration or the equivalent of 15 years of fiduciary administration, trust operations or investment experience including a minimum of five years managing trust administrators and support staff.
  • Periodic continuing education related to job-specific functions.

Skills:
  • Thorough knowledge of Company's products and services.
  • Demonstrated Leadership Capacity
  • High level of analytical skills to conduct trust/investment account analysis and maintain account's progress in consideration of market trends, interest rates, economic conditions, and other factors.
  • High level of interpersonal skills to interact with customers and potential customers in a professional manner.
  • Adequate knowledge of both internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment.


Total Rewards:
  • Competitive health, dental & vision coverage with HSA match
  • 401(k) with employer match + Employee Stock Purchase Plan
  • Generous PTO, paid holidays & parental leave
  • Tuition reimbursement & performance-based bonuses
  • Visit our Total Rewards page to see our full list of benefits


Pay Range: $88,100 - $110,150 per year

About First MidIllinois Bancshares, Inc

MidFirst Bank is a privately owned financial institution based in Oklahoma City, Oklahoma. It is the largest privately owned bank in the United States, with $32.1 billion in assets. Its primary markets include Oklahoma, Denver, Phoenix and Dallas, with commercial lending offices in Atlanta, Boston, Chicago, Cleveland, Houston, New York City, St. Louis, and Southern California. MidFirst Bank has banking centers in Boulder and Edwards, Colorado. Additionally, the bank operates 1st Century Bank of Los Angeles as a division of MidFirst Bank and MidFirst Business Credit of Atlanta as a subsidiary of MidFirst Bank.
Learn more about First MidIllinois Bancshares, Inc
Size
1,050 employees
Market Cap
$655.1 million
Industry
Finance & Insurance
Net Income
$45.2 million
5 Year Trend
+19.4%
NASDAQ
FMBH
* Ladders Estimates

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