Senior Trust Officer - Private Client

EMPLOYMENT TYPE: Permanent DEPARTMENT: Private Client DIVISION: Private Client Services WORKPLACE STRUCTURE: Hybrid ROLE OVERVIEW PURPOSE OF JOB We are seeking a detail-oriented and experienced Senior TrustOfficer to join our Trust and Wealth Management team. The role is reports into Director - Chief Trust Officer and sitswithin the local jurisdiction. Primary responsibilities to include trustadministration and ensuring assigned personal trust relationships areadministered properly and serve as a resource to team members supporting thetrust administration department. Duties include the administration of complexfiduciary trust relationships including both directed and delegated accounts aswell as US domestic and international clients. MAIN RESPONSIBILITIES AND DUTIES Administer a variety of complex fiduciary accounts for US domestic clients as well as international and cross-border clients. Responsible for assuring a superior level of client service while effectively managing fiduciary risk. Be able to identify and address different types of trust issues, unique assets, closely held entities and making judgments to resolve matters and escalating to management and oversight committees as needed. Provide guidance and development opportunities to administrative support staff and delegation of work as appropriate. Serve as a committee member on administration, oversight and discretionary committees. Participate in business development activities to highlight trust administration approach and process for prospective new clients. Ensure that the trust account set-up and on-going administration of all fiduciary accounts is in full compliance with all applicable statutes and regulations. Prepare timely initial and annual administrative reviews. Assist in preparation of reports and materials for management committees. Communicate effectively with beneficiaries, grantors, attorneys, investment advisors and accountants to ensure all parties are well informed. Maintain client service standards in all client communications. Work with affiliated entities, including internal audit, as needed. Adhere to JTC core values and expected behaviours. Any other duties as deemed necessary by Management. ESSENTIAL REQUIREMENTS Bachelor's degree in finance, Accounting, Law, or a related field. A JD, CFP, or CTFA designation is preferred. Minimum of 10 years of experience in trust administration, estate planning, or wealth management. In-depth knowledge of trust laws, fiduciary duties, and estate planning principles. Experience managing a diverse portfolio of trust accounts. Extensive personal trust administration experience and managing high-net worth and ultra-high-net worth client relationships. Ability to effectively manage complex, cross border and international trust clients. Experience in operational, tax and fiduciary activities in relation to complex, cross border and international trust clients. Ability to succeed in a fast-paced environment. Self-motivated, used to working in a "hands-on" role. Strong communication skills, both written and verbal. Excellent interpersonal skills. Highly developed management and mentorship skills. Experienced user of Microsoft applications, trust accounting system and document management systems. #LI-SB1

Created: 2024-11-05