Job Details

Trusts and Estates Attorney in New York City, NY

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Company name

First Republic Bank

Organization Type

In-House

Job Type

Attorney

Practice Area

Trusts and Estates

Years of Experience

2-5 yrs required

Location

USA New York City, NY

Date Last Verified

Aug 02,2018

Posted on

Jun 12,2018


66 hits

Profile

Trust Associate The candidate will primarily assist designated Trust Officers in the daily administration of all types of accounts (primarily personal). Will work on daily review of all transactions and cash reports; preparation of all necessary paperwork for cash receipts and disbursements and fielding routine inquiries and requests from clients and business partners. Responsible for setting up new accounts in Sungard AddVantage. Input Account Record data on Sungard Advantage, including set up of proxies, statements, and 1099 recipients.Daily review of transaction journals and cash reports. Where applicable, manually manage cash activities for each account. Assist in completing initial and annual account reviews. Review overdraft reports and ‘cure’ overdrafts where applicable. Review fee maps and authorize the release and postings. Conduct research work in order to answer clients' inquiries. Sort and review mail for trust officers. Prepare trade tickets for trades executed by the trust officers with FRSC. With Trust Officer approval, prepare tickets/entries to move cash to/from accounts and ledgers to cover overdrafts. Coordinate and produce all DTC-related activities, reports, packages and meetings. Prepare same-day or future disbursement entries pursuant to requests and approvals. Where necessary, send out confirmation letters on disbursement requests via telephone. Conduct disbursement call backs on fedwires. Reprint statements as requested. Where necessary, update the account synoptic and account records, update name and address records. Where necessary, administer investment manager Excel database. As required, maintain and print ticklers for trust officers. Serve as liaison between Administration and Operations including securities related activities. Administer low-maintenance accounts with minimum supervision from the Trust Officers. Perform duties and responsibilities specific to department functions and activities or as assigned by supervisor Responsibilities include the following: adhering to and complying with the applicable, federal and state laws, regulations and guidance, including those related to Anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc. adhering to Bank policies and procedures, completing required training, identifying and reporting suspicious activity to the AML Officer, and knowing and verifying the identity of any customer(s) that enters into a relationship with the Bank. Should have 2-5 years of professional experience. Knowledge and understanding of the Personal Trust and/or Investment Management business are strongly preferred. College degree required, law degree is preferred. Hearing must be sufficient to understand a conversation at a normal volume, including telephone calls and in person.

Additional info

ID 2018-5650

Company info

Hiring Coordinator
First Republic Bank
200 Park Avenue
New York City, NY 10166-0153