Personal Trust Manager

Pay

Pay Range: $108,869.00 - $145,150.00

Responsibilities

Responsible for the management of the Personal Trust Group; directs activities of administrators and support staff, including the training, mentoring and development of staff; administers a significant group of complex accounts; provides guidance to administrators and private client advisors regarding administrative issues as required; responsible for the compliance oversight of assigned team; acts as chair of regional Account Review Process.

Requirements

• Bachelor's degree or equivalent experience with background in finance, business management, investments or other relevant areas
• 7-10 years relevant management experience in a Trust department, Financial Services organization, Insurance company or law firm
• Completion of career specific training such as Cannon Trust or New York Bankers Trust Schools to include casework in estate and trust administration and taxation
• 5 years previous experience supervising work activities of others

Skills and Abilities

• Ability to direct work activities of staff
• Excellent verbal and written communications skills, able to research independently and reduce findings to writing
• Strong computer literacy to include Microsoft Office Suite and other proprietary industry software
• Excellent customer service skills; able to independently organize, coordinate, and outline agendas for client meetings that may include other professionals
• Ability to understand and interpret complex legal documents
• Significant working knowledge of personal income, fiduciary income and transfer taxation
• Strong mentoring and problem resolution skills
• Knowledge of performance review policy

Tasks Performed

• 35% - Administers trusts, estates and agency accounts, often of a sensitive nature and for high net worth clients, providing superior customer service. Consults with attorneys and other financial planning professionals to mutually attain client/account objectives. Independently analyzes and interprets complex testamentary and inter vivos instruments and applies conclusions in the administration of trusts and estates.
• 25% - Trains, mentors, develops and oversees a team of Trust Administration officers
• 20% - Completes annual review of administrative documentation and participates in investment risk analysis of account assets to ensure compliance with internal policies and external regulations.
• 10% - Analyzes trust and estate accountings for accuracy and proper form, to determine that account administration has been properly completed.
• 5% - Chairs a regional Account Review Committee
• 5% - Other duties as assigned.

Physical Requirements

• Communicate effectively with internal and/or external customers
• Stationary 75% of the time or greater
• Move objects up to a maximum of 10 lbs

Benefits

• Generous Paid Time Off: At least 22 days annually, prorated in the year of hire.
• Parental Leave: Six weeks of paid leave at 100% of your salary.