Estate Administrator - Associate

Job Responsibilities

• Work with the Account Opening Group to open estate or trust accounts
• Interpret the governing instrument and applicable law to ensure the proper set-up of account records, including payments, fee schedules (when appropriate) and tax records
• Communicate with beneficiaries and co-executors or co-trustees to outline administrative procedures
• Analyze Wills and trust documents for legal, tax, administrative and investment issues and coordinate delivery of services
• Handle ongoing day to day administration of accounts, and proactively manage account base in an effort to avoid and minimize service and operational issues
• Oversee the work performed by various operational groups
• Identify risk that might be incurred in connection with an estate or trust, consistent with any applicable policies and procedures governing the risk in question
• Utilize risk management tools, such as the overdraft report, daily transaction report, Administrative Review, and the Variance Report to ensure that all exceptions are properly addressed and kept to a minimum

Required Qualifications, Skills And Capabilities

• Bachelor's degree required
• Relevant experience in the trust and estates industry
• Advanced degree such as JD or paralegal certificate, with paralegal experience in trust and estate practice preferred
• Experience in the administration and support of trust and estates including general understanding of fiduciary products and concepts, including legal, tax and investments knowledge
• Client Servicing – client knowledge, client relationships, proactive communication
• Teamwork/Personal Effectiveness – clear and concise communication, time management, adaptability to delegate, coaching and training
• Cross Selling and Retention skills

About The Team

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.