Job Title: Senior Trust Officer
Job Responsibilities:
The Senior Trust Officer is tasked with managing a portfolio of fiduciary and investment management accounts specifically for high-net-worth clients and beneficiaries, which often include multi-generational families. The primary responsibilities involve overseeing the administration and business development of complex investment management and trust accounts. The role requires collaboration with team members to ensure trust product awareness and education for clients, associates, and Centers of Influence. Key duties include:
- Providing fiduciary administration support, which encompasses the review of trust instruments, engagement in discretionary trustee matters, risk management, and conducting periodic trust reviews.
- Supporting investment management accounts by coordinating the opening and closing of accounts, facilitating money movement, and maintaining accounts.
- Engaging with clients and prospects to build and transfer wealth in alignment with their unique goals, ensuring a high-quality client experience.
- Ensuring compliance with regulatory and legal requirements pertinent to client accounts and portfolios.
- Identifying and developing new business opportunities by fostering new or expanded relationships with existing clients and prospects.
Education and Experience Information:
The position requires at least a high school diploma, GED, or equivalent secondary school education. However, a Bachelor's Degree or equivalent business experience is preferred, particularly with a minimum of 5 years of experience in trust administration and estate planning. Desired credentials include being a fiduciary professional with certifications such as CTFA, CFP, AEP, JD, or CPA, or being within six months of obtaining such certification.
Salary Information:
The job description does not specify salary information.
Skills:
The role requires a variety of skills including:
- Technical expertise in trust administration, fiduciary law, and estate and wealth transfer planning.
- A proactive approach to problem-solving.
- A creative yet prudent approach to providing solutions within the company's risk/reward profile.
- The initiative to close sales effectively.
- Strong communication skills and the ability to work well in a team.
- Knowledge of policies, procedures, and regulatory requirements.
- A high level of sophistication in understanding high-net-worth clients' concerns and issues.
- Ability to communicate and connect effectively with high-net-worth clients.
Additional skills include risk management, business development, client management, wealth planning, customer and client focus, client experience branding, client solutions advisory, process management, decision-making, presentation skills, prospecting, financial analysis, attention to detail, critical thinking, and planning.
Additional Information:
This is a full-time position with a first-shift schedule, requiring 40 hours per week. There is a requirement for travel, approximately 10% of the time. The company values an in-office culture, with specific requirements for office-based attendance, while allowing flexibility based on role-specific considerations. Internal employees working from home are not ineligible to apply for this position.
