Trust Officer

This is a fully remote position, open to applicants in Florida.

📋 Description

• Manage personal trusts in compliance with relevant statutes and regulations.

• Engage in income tax planning and preparation while providing explanations of tax matters to beneficiaries, Financial Advisors, and other stakeholders.

• Collaborate with Financial Advisors and clients to establish their goals and objectives.

• Partner with the investment officer to determine asset allocation and review as well as approve changes to portfolios.

• Liaise with beneficiaries, their advisors, and Financial Advisors in the administration of personal trusts.

• May act as a voting member of the Administrative Committee.

• Exercise discretionary authority in personal trust administration as allowed by established policies and procedures.

• Support New Business Development teams and Financial Advisors in the sales process through meetings, calls, and seminars.

• Respond to inquiries from Financial Advisors on topics related to estate planning, trust services, estate taxes, and more.

• Mentor, coach, and guide less experienced staff members.

• Build and sustain relationships across the organization.

• Review assignment progress with executive leadership and management.

• Carry out other assigned responsibilities.

⛳️ Requirements

• Bachelor’s degree in Accounting, Business Administration, or Finance.

• 3 to 6 years of relevant experience.

• Familiarity with IRA regulations and Inherited IRA administration.

• Knowledge of the Trust Code of Florida or other relevant state laws.

• Understanding of finance and accounting principles.

• Insight into income tax planning and preparation processes.

• Comprehension of fiduciary laws and principles necessary for personal trust administration.

• Awareness of basic investment concepts and practices within the securities industry.

• Knowledge of banking, finance, securities operations, financial markets, products, financial advisory roles, and investment processes.

• Proficiency in personal trust administration.

• Strong interpersonal and leadership capabilities.

• Exceptional public presentation abilities.

• Excellent oral and written communication skills.

• Commitment to ethical principles.

• Ability to operate standard office equipment and learn software applications, including trust accounting systems and estate planning software.

• Capacity to function effectively in a professional office setting.

• Skill in executing detailed transactional tasks amidst shifting priorities and deadlines.

• Capability to provide effective service to both internal and external clients.

• Ability to recognize training needs and mentor junior staff members.

• Capacity to collaborate with other functional areas.

• Ability to facilitate meetings.

• Skill in gathering information, identifying trends, and applying insights.

• Capability to interpret and implement policies.

• Ability to work independently, make non-routine decisions, and resolve complex issues.

• Proficient in communicating effectively across all organizational levels.

• Ability to establish and maintain productive working relationships.

🏝️ Benefits

• The benefits package may include medical, dental, and vision coverage.

• Life insurance.

• Critical illness insurance and accident insurance.

• Disability benefits.

• Retirement savings plan.

• Paid time off, encompassing vacation, holidays, and sick leave.

• Parental leave.