AVP, Trust Officer
About the role
The Assistant Vice President, Trust Officer – The Private Trust Company is responsible for effective trust administration and providing an overall excellent client experience. This position will provide day-to-day client management for designated relationships. The scope of responsibilities includes relationship management, fiduciary and account administration and other functions as required to ensure excellent relationships with clients, business partners, and success with firm-wide initiatives.
What we're looking for
We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.
Responsibilities
Account Administration
- Serve as the trust administrator for designated clients, including mentoring and coaching trust specialists to assist you in preparing summaries and recommendations for discretionary actions, communicating with trustees, beneficiaries and financial advisors, administering special assets, reviewing annual trust reviews and ensuring that fiduciary standards and practices are observed.
- Provide daily administration for trust and investment accounts, including transaction management and/or execution, overdraft and tax lot management, review of account set-up and funding, account termination, and other administrative functions in support of The Private Trust Company’s clients.
- Consult with the Trust Administration Committee, Trust Counsel, beneficiaries, outside trustees, financial advisors, attorneys and CPAs as appropriate.
- Analyze and interpret relevant legal documents including wills, trusts, agreements and entity documents in relation to the clients’ overall estate, tax and financial plans.
- Coach, mentor and supervise trust specialists in all