Personal Trust Officer

About the role

SEI Private Trust Company is expanding its team to support the systems and production requirements for clients. We are actively seeking a driven and professional Trust Officer to join our Fiduciary Trust Administration Team.

Responsibilities

• Prepares administrative reviews and assists in the preparation of the investment review when required
• Participates in fiduciary administrative committee
• Multi-tasks, detailed oriented, organized and works under pressure
• Knowledge of various trust types, income and principal accounting, trust income taxation, GST, trust investments, retirement plans and charitable trusts
• Administers a varied number of existing and new personal trust accounts
• Interprets the governing instrument and applicable state law to ensure trusts are administered according to the terms of the governing instrument
• Cultivates and maintains ongoing relations with beneficiaries, investment advisors, attorneys, accountants and co-fiduciaries. Communicates the terms of the trust provisions to relevant parties
• Responds to trust client issues, anticipating client needs and preparing for and participating in client meetings
• Prepares and presents discretionary distribution requests and makes recommendations to fiduciary committee
• Works with the tax accountants to prepare and file fiduciary tax returns
• Maintains administrative policies and procedures
• Reviews and analyzes reports, statements, policies and procedures
• Serves as a liaison between vendors, clients and/or other market units
• Supports client and team needs
• Performs effectively in a team environment
• Trains and mentors other team members
• Becomes proficient in business application tools
• Supports business initiatives, including business continuity and disaster recovery
• Functions as an individual contributor and makes independent decisions
• Acquires system and technical knowledge required to resolve more complex tasks
• Performs all jobs in the business unit
• Assumes responsibilities or related projects
• Maintains current procedures and improves on processes

Requirements

• Bachelor’s degree or equivalent in education and work experience required
• Minimum of five years of experience in the trust industry
• CTFA preferred but not required
• Solid understanding of related legal, tax and accounting concepts required
• High degree of objectivity and professionalism in management of fiduciary obligations
• Exceptional written and oral communications skills essential
• This individual will routinely have access to confidential and sensitive information. A high degree of integrity and trust is a must
• Organizational, time management and analytical skills
• Interpersonal and communications skills
• Willingness to work effectively and independently, as well as in a team, in an open-floor environment

Qualifications

• Passionate about fiduciary trust administration
• Experience in trust administration and compliance
• Strong interpersonal and communication skills
• Ability to manage multiple tasks and deadlines
• Knowledge of trust types, accounting, taxation, and legal principles

Skills

• Trust administration
• Trust accounting
• Taxation
• Legal compliance
• Client relations
• Communication
• Time management

Benefits

• Comprehensive care for physical and mental well-being
• Strong retirement plan
• Tuition reimbursement
• A hybrid working environment for most roles
• Support for working parents
• Paid Parental Leave
• Paid Volunteer Days
• Discounted Stock Purchase Plan
• Investment Options
• Access to Thriving Employee Networks

Pay

Competitive compensation package based on experience and qualifications.

Schedule

Full-time position.