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 is responsible for administering church bond–related trust instruments while serving as a corporate indenture trustee. You’ll act as a fiduciary for bondholders, ensuring issuers comply with trust agreements, managing funds, answering investor inquiries, and protecting bondholder interests, especially in default situations.
This position is ideal for someone with a strong trust background who thrives in a regulated environment, values accuracy and accountability, and enjoys balancing technical work with client interaction.
What You’ll Do
- Administer church bond trust indentures and related governing documents
- Monitor issuer compliance with trust terms, covenants, and financial reporting requirements
- Collect, manage, and distribute principal and interest payments to bondholders
- Serve as the primary point of contact for bondholders and issuers
- Respond to bondholder questions related to payments, ownership documentation, and tax reporting
- Process deposits and prepare journal entries for bond orders, transfer fees, sinking funds, and administrative fees
- Maintain and scan trust documentation including W-9s, wills, death certificates, and powers of attorney
- Perform annual administrative reviews for each bond issuance
- Explain trust default, enforcement, and foreclosure processes to bondholders
- Exercise trustee powers during default events in accordance with the indenture
- Provide backup support for daily trust operations and journal entries as needed
- Refer customers to appropriate bank partners for additional products and services
- Support a collaborative team environment and a high-quality customer experience
What You’ll Bring
- High school diploma or equivalent and 5+ years of relevant trust experience
OR a bachelor’s degree in business, Accounting, Finance, or a related field - Strong working knowledge of trust indentures, trust law, and fiduciary responsibilities
- Proficiency with Microsoft Office Suite, especially Excel
- Experience with trust accounting systems preferred
- Excellent communication, organization, and time-management skills
- Ability to manage multiple priorities with accuracy and discretion
- Strong customer service mindset and attention to confidentiality
- Ability to work independently with minimal supervision
- Must pass a background and credit check
Why Herring Bank?
We’re a growing community bank committed to integrity, trust, and personalized service. As we continue to expand, we’re looking for professionals who value long-term relationships, teamwork, and doing the right thing for customers and communities alike.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Herring Bank
Herring Bank was founded in 1899, by Colonel C.T. Herring. Colonel Herring lived in Vernon, TX and saw a need for a bank. The cattleman would drive their cattle from Oklahoma through Vernon to Fort Worth to sell their cattle. When the cattleman sold their cattle and they went back to Oklahoma they were loaded with cash. Oklahoma was know as the badlands for a good reason, when the cattleman crossed in to Oklahoma they could lose their life and it was a sure bet that they would lose their money. With a bank in Vernon, TX, Herring Bank, they could deposit their funds and when they crossed into Oklahoma, the badlands, they would not lose their money, so the thieves had no reason to rob them
At Herring Bank we “Build Relationships for a Lifetime” come join us at our family owned bank.
MEMBER FDIC – EQUAL OPPORTUNITY EMPLOYER
Company Website: www.herringbank.com
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