Benefits:
Dental insurance
Health insurance
Paid time off
Vision insurance
About the Role
Herring Bank is seeking an experienced and detail-oriented Corporate Trust Administrator to support our Wealth Management team. This role administers church bond–related trust instruments while serving as a corporate indenture trustee. You’ll act as a fiduciary for bondholders, ensuring issuer compliance, managing funds, responding to investor inquiries, and protecting bondholder interests, including during default situations.
This position is well-suited for professionals with backgrounds in corporate treasury management, institutional banking, commercial mortgage operations, or relationship management for church or nonprofit clients. Direct trust experience is valuable but not required for candidates with strong transferable skills and the ability to learn complex governing documents.
What You’ll Do
Administer church bond trust indentures and governing documents while serving as a fiduciary trustee
Monitor issuer compliance with trust terms, financial covenants, and reporting requirements
Manage, reconcile, and distribute principal and interest payments and related trust funds
Serve as the primary point of contact for bondholders and issuers, responding to inquiries and documentation requests
Perform annual administrative reviews and maintain required trust records and documentation
Support default, enforcement, and foreclosure processes in accordance with governing documents and regulations
Provide operational support including journal entries, fee processing, and coordination with internal bank partners
What You’ll Bring
5+ years of experience in trust services, corporate treasury, institutional banking, mortgage operations, or related financial administration OR a bachelor’s degree in Business, Accounting, Finance, or a related field
Strong understanding of fiduciary responsibilities, financial documentation, and regulated banking environments
Ability to interpret and administer complex agreements, contracts, or governing documents
Proficiency with Microsoft Office, particularly Excel; experience with trust or financial systems preferred
Strong organizational, communication, and time-management skills with a high level of accuracy and discretion
Ability to work independently, manage competing priorities, and maintain confidentiality
Willingness to learn trust administration and church bond–specific processes (training provided)
Must pass a background and credit check
Nice to Have / Transferable Experience
Corporate treasury, cash management, or debt administration experience
Banking experience supporting church, nonprofit, or institutional clients
Mortgage operations, loan servicing, escrow, or collateral administration background
Why Herring Bank? We’re a growing community bank committed to integrity, trust, and personalized service. We value long-term relationships, teamwork, and doing the right thing for our customers and communities.