Unique Asset Administrator II

As the Unique Assets Administrator II, you will execute on responsibilities to deliver unique asset administration services to Private Wealth Management clients. Primary focus will be on executing lower volume and/or lower-risk tasks and less complex responsibilities. There will be some travel to the local office, to local properties and to the Kansas City office.

How you will spend your time: 

• You will manage accounts with a focus on client experience, the governing instruments, fiduciary laws, and bank policies and procedures. 
• You will work collaboratively with Senior Associates on team to resolve complex administrative issues and escalations. 
• You will manage unique assets held in Private Wealth accounts, including real estate, oil/gas, closely held, life insurance and other miscellaneous assets. 
• You will perform inspection of assets as required ensure periodic valuations of assets, and maintain properties cost effectively through use of appropriate vendors.     
• You will acquire and dispose of unique assets, including performing lease negotiations, managing the renovation/maintenance/repairs, performing periodic appraisals/inspections, and delivering portfolio and asset reporting. 
• You will implement the strategic business plans for assets and portfolios, as necessary. 
• You will leverage third party vendor relationships in areas of insurance, farm, ranch, oil/gas management, and real estate processing; serve as a vendor liaison where required. 
• You will review monthly financial reports from third party fee managers. 
• You will communicate tasks and expectations to colleagues, co-fiduciaries, clients, attorneys, brokers, contractors, third-party managers, and other service providers. 
• You will help identify value-added services that Personal Trust and Custody can provide. 
• You will ensure timely completion of required Administrative Compliance reviews.  
• You will ensure accurate processing of all account and/or maintenance activities, resolve operational problems, and process various reports. 
• You will review activities within the job scope for sufficient controls to prevent errors, fraud, and omissions. 

• You will manage assigned properties using established policies and procedures, facilitate asset set up and removal, maintain appropriate insurance coverage through Bank’s blanket program or external policy, facilitate insurance claims, taxation matters and payment, and that assets are reviewed in accordance with the Bank's policies and procedures. 
• You will buy, sell, lease properties either directly or with assistance of a real estate agent, includes negotiating listing agreements, purchase and sale contracts, leases, and other agreements. 
• You will prepare annual property reviews, analyze tax assessed values, coordinate triennial valuations, and perform or arrange initial and annual property inspections.  
• You will coordinate the timely payment of all maintenance, insurance, and property tax bills. 
• You will participate in National