Specialty Administration Trust Advisor I The Specialty Administration Trust Advisor I role will be responsible for providing advisory and administrative support to internal and external clients for a variety of trust accounts. This role will be focused on the administration and oversight of charitable accounts as well as internal and external client management responsibility for administering over various charitable accounts, including Private Foundations, Charitable Remainder and Lead Trusts, and Donor Advised Funds. The role will work closely with grantors and beneficiaries throughout the United States, as well as center of influence professionals such as attorneys, CPAs, and investment advisors. These accounts are of a highly technical nature, and their administration is specialized, requiring knowledge of trust, tax, and charitable IRS regulations. The role will support advisory and compliance for the charitable accounts throughout Comerica's footprint, and is directly involved with the Fiduciary Strategists and Wealth Advisors in support of new business for both the Private Wealth and Advisor Solutions teams. Position Responsibilities: New Business and Ongoing Administration * Review governing documentation for complex specialty accounts to ensure Comerica can act in accordance with the document requirements. * Ensure account coding is consistent with the governing document. * Manage the complexities associated with these special types of accounts -- ensuring IRS requirements are met, calculating, and reviewing required minimum distributions on Foundation accounts and ensure any other nuance with the specialty type of account under their oversight is met. * Review governing documentation for irrevocable trusts to focus on reviewing and approving Private Foundation grant requests and new business. * Complete required state or federal registrations for specific account type and manage renewals as needed. * Complete required account reviews for new accounts and existing accounts per Comerica policy. * Adhere to all Comerica policies regarding account administration of accounts. * Review/Process transactions using the trust accounting platform as needed for certain accounts. Compliance/Risk Management * Participate in consultations that senior trust advisors are leading and assist with issue resolution. These consultations focus on managing or mitigating risk as well as providing suggestion steps to remediate issues. * Complete follow up to ensure remediation steps are completed. * Maintain a full understanding of personal trust policies and procedures to include recommending changes as needed due to new regulatory or procedural requirements. Team Responsibilities * Participate in projects which affect the broader business and improves efficiency of delivery of services to clients. * Actively contributes to the team, providing feedback on procedural changes and assisting in the development of less experienced team members. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled