Sr. Trust Officer (On-Site)

Join a team that puts its People First! Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for eleven consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all.

About the role

Responsible for the general administration of trust accounts, investment management, or retirement accounts for high-net-worth individuals, families, or institutions. Accountable for retaining and growing their client base through client referral, sales support, and/or increasing share of client wallet.

Responsibilities

• Represent the company in direct contact with customers, attorneys, beneficiaries, and other related parties
• Develop external leads through solicitation of clients, attorneys, accountants, and other centers of influence including community leaders and organizations to sell investment management and fiduciary administration business
• Knowledge of fiduciary products and services (e.g. personal trusts, living trusts, wills, investment management, security custody, financial consulting, estate planning)
• Understand California probate code, including provisions specifically related to the management of trusts
• Periodically review trust accounting software parameters and coding
• Obtain, direct, and update account inventory values, account assets and account relationship information
• Initiate or approve payments or receipts to/from client accounts in accordance with terms of account governing documents
• Monitor account activity ensuring compliance with established company policies and procedures, rules, and regulations, including completion of annual Reg 9 reviews
• Meet regularly with clients to stay apprised of their financial needs and goals

Requirements

• Bachelor’s degree or equivalent combination of education and experience
• MBA, CFP or CTFA preferred
• 5-10 years of trust and/or investment management or relationship management experience with a strong background working specifically with HNW individuals and their advisors
• Knowledge of fiduciary products and services (e.g., personal trusts, living trusts, wills, investment management, security custody, financial consulting, estate planning)
• Requires working knowledge in several of the following fields: financial planning tools and techniques; fiduciary duties and responsibilities; investment products and services; and an understanding of investment markets and portfolio management
• Strong written and verbal communication skills for internal and external needs
• Strong interpersonal skills
• Self-motivated; self-starter
• Strong client advisory and problem-solving skills
• Able to manage multiple tasks and respond quickly to emergent problems
• Experience working with high net-worth clients
• Proficient in Microsoft Word, Excel, and PowerPoint

Qualifications

• None specified

Skills

• Financial planning tools and techniques
• Fiduciary duties and responsibilities
• Investment products and services
• Understanding of investment markets and portfolio management

Benefits

• Medical
• Dental
• Vision
• 401(k)
• PTO/paid sick leave
• Employee stock purchase plan

Pay

$88,900.00 - $118,500.00 Annually