Trust Officer (Wealth Management)
Company: Job Juncture
Posted on: November 20, 2020
Trust Officer tasks and duties:
- Represents the firm in interactions with clients, attorneys,
beneficiaries, and other related parties.
- Administers designated personal accounts; researches and
analyzes the trust instrument; determines and adheres to the
responsibilities, duties, and terms of the governing trust
document; monitors account activity ensuring compliance with
established policies, procedures, rules, and regulations.
Interacts, corresponds, informs, and resolves more complex
challenges with clients, beneficiaries, portfolio managers,
attorneys, CPAs, and other professionals related to account
- Develops new business and refers other firm officers as
appropriate to new business prospects.
- Attains suitable documentation on accounts; authorizes payments
from accounts, considers tax liabilities, and approves
discretionary payments in agreement with firm policies.
- Oversee estates from asset collection through court processes
and distributions per terms of will.
- Protect, insure, and oversee sale of real estate, financial
assets, collections, and personal property.
- Locate tax returns and financial records for final tax returns
and coordinate preparation and filing.
- Represent the firm as trustee with irrevocable and revocable
trusts from evaluating documents, accepting a fiduciary role,
collecting cost and tax information through investment process and
- Open and coordinate investment role with investment management
accounts for personal and individual retirement account
- Collect assets with cost basis and acquisition dates and assess
with client special investment requirements and investment
- Coordinate meetings with portfolio managers.
- Contact clients with required minimum distributions from IRAs
and order distributions as well as other distributions from
- Open, collect assets, and tax information for custody
- Assess advantages of managed accounts and attempt to upgrade
- Transfer cash and assets as requested.
- Develop and maintain relationships with area lawyers,
accountants, and centers of influence for business referrals.
- Maintain internal assessment of all accounts and coordinate
with portfolio managers when needed.
Accountable for the complete administration of personal trust
accounts including estates, trusts, guardianships, and agencies up
to and including moderately multifaceted relationships. Represents
firm in court appearances and in business-associated events
including professional organizations, conferences, and seminars,
and in other like settings.
Requirements of this Position:
- Bachelors degree required; JD preferable, yet not
- Minimum of 8 (eight) years of estate and trust administration
- Outstanding verbal and written communication skills.
- Highly proficient per Microsoft Office Suite (Word, Outlook,
Keywords: Job Juncture, Mesa , Trust Officer (Wealth Management), Executive , Mesa, Arizona
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