Comerica Personal Trust Advisory and Administration Trust Administrator II in Detroit, Michigan

Trust Administrator II The Trust Administrator II is responsible for the proper management and administration for assigned trust accounts adhering to applicable laws and regulations as well as complying with all requisite policies and procedures. Position Competencies Successful incumbents possess integrity and trust, listening skills, problem solving skills, are focused on the customer and have a drive for results. Position Responsibilities: * Manages more routine accounts under the direct supervision of a Senior Trust Administrator in accordance with the terms of the various governing documents, applicable law, and consistent with the needs of the principals, income beneficiaries, and remaindermen. * Reviews, analyzes and confirms documents for direction; evaluates accounts for completeness and accuracy, monitors and submits for approval account transactions, responds to incoming correspondence and any other client requests to ensure compliance. * Works with supervisor in developing solutions to most issues brought forth by principals, income beneficiaries and remaindermen such as requests for special distributions, fee issues or disputes. * Oversees the opening and closing of accounts, ensures the receipt of proper and legally required documentation, ensures the full and complete transfer of assets, their cost basis, and the proper characterization of cash as income or principal, ensures all tax codes and account administration codes are accurate and oversees tax reporting activities, coordinating with more Senior Trust Administrators. * Assists in the development of new business through referrals from external and internal centers of influence and/or through expansion of business within current book of clients. Travel Travel is not required of this position. Relocation Relocation assistance is not provided for this position. * Bachelor's Degree from an accredited university * 2 years of experience serving as an account administrator in a specific area of expertise to include trust administration, investments, or insurance in client service capacity OR 6 years equivalent work experience serving as an account administrator in a specific area of expertise to include trust administration, investments or insurance in a client service capacity * 4 years of experience with Microsoft Word and Excel Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled