Trust Officer

2 months ago

West Palm Beach, United States First State Trust Company Full time

First State Trust Company

Personal Trust Relationship Manager

Location: West Palm Beach, FL

Schedule: Full-Time & Hybrid

 

About First State Trust Company

First State Trust Company (“FSTC”) is a Delaware chartered trust company with offices in Wilmington, Delaware, and West Palm Beach, Florida. FSTC is rapidly growing. FSTC is rapidly growing, and this position is a new addition to staff, located in our West Palm Beach, FL branch. 

 

Since 1982, FSTC has been providing corporate trust, custody, and administration services to trust clients. Formerly known as Citi Institutional Trust Company and dating back to its roots as E.F. Hutton Trust Company, FSTC has focused on strategic alliances with world-class financial service firms. Our strategic alliances allow clients to take advantage of FSTC’s independent professional trust administration services, combined with the investment management services of their chosen provider.

 

Position Responsibilities

FSTC is looking for a Personal Trust Relationship Manager to deliver high-quality service and solutions to our clients. The Trust Relationship manager must demonstrate proper effort and attitude and discipline to work in a growing and fast-paced company. This person must be service and solutions-oriented to help administer client trusts and develop and maintain relationships with financial advisors, investment advisors, trust clients, trust beneficiaries, and other interested parties. The Trust Relationship manager will ensure compliance with all company policies and procedures, as well as all applicable state and federal banking regulations in the context of their responsibilities.


Trust Administration

  • Responsible for all aspects of trust administration, including quality checking of new account setup, annual reviews, and ongoing relationship management.
  • Manage accounts in accordance with governing documents, FSTC policies, and applicable laws.
  • Ensure receipt of proper documentation for new account openings and account terminations.
  • Review, analyze, and seek guidance when needed regarding new account documents and ensure FSTC is aware of all requirements prior to presentation to New Business Committee.
  • Review of all accounts to ensure proper categorization of cash (principal and income), cost basis, tax reporting, and all other aspects of each trust.
  • Resolve tax and other trust issues.
  • Assist in new business development when needed.


Fiduciary Expertise

  • Perform a review of potential new business.
  • Be knowledgeable in fiduciary law, investments, tax, and other aspects of trusts.
  • Participate in Discretionary Distribution Committee.
  • Apply sound fiduciary judgment to trust matters.
  • Advise other personnel of fiduciary issues.
  • Mitigate risk for FSTC and the assigned trusts.
  • Be knowledgeable in Delaware-specific Trust laws.

 

Client Management

  • Work with colleagues to retain and expand existing client relationships.
  • Anticipate client needs and advise accordingly.
  • Maintain superior client servicing levels.
  • Meet with clients via telephone or in-person, as required.
  • Work closely with Investment personnel to support trust requirements.
  • Interact with Financial Advisors and clients in defining goals and objectives, working along with the Investment Officer to establish the appropriate asset allocation and review and approve portfolio changes in trusts involving more complex situations or complex assets.
  • Monitor fee schedules to ensure that fees charged agree with governing documents.

 

Knowledge & Qualifications

  • Bachelor’s degree and 5-7 years of personal trust administration experience. CTFA preferred.
  • Demonstrate efficiency and flexibility in performing detailed transactional tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment. Provide efficient service to internal partners and external clients.
  • Partner with other functional areas to accomplish objectives.
  • Attend to details while maintaining a big-picture orientation.
  • Understanding of various types of investments and strategies.
  • Interpret and apply policies and identify and recommend changes as appropriate.
  • Work with minimal oversight, make non-routine decisions, and bring complex problems to management for guidance.
  • Communicate effectively, both orally and in writing, with all organizational levels.
  • Active involvement in related professional organizations.

  • Trust Officer

    2 months ago

    Palm Beach, United States Cypress Bank & Trust Full time

    Cypress Bank & Trust was originally founded as a Florida Chartered boutique corporate fiduciary in Palm Beach, FL in 1996 and transitioned to a bank and trust company in August 2021. We currently have four full-service offices throughout the state of Florida with additional trust offices in Winter Haven and Naples. In addition to providing trust and...

  • Senior Trust Officer

    1 month ago

    West Palm Beach, Florida, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Trusts & Estates Associate Attorney

    3 months ago

    West Palm Beach, United States Akerman LLP Full time

    Akerman LLP seeks an Associate with 3 to 6 years of trusts and estates experience. Complex estate planning, asset protection planning, trust and estate settlement, and taxation experience is required. International estate planning experience is considered a plus. LL.M. in Estate Planning or Taxation is required. Orlando office location preferred; however,...

  • Senior Portfolio Manager

    2 weeks ago

    West Palm Beach, United States Cypress Bank & Trust Full time

    Job Description JOB TITLE: Senior Portfolio Manager DEPARTMENT: Portfolio Management REPORTS TO: Chief Investment Officer (CIO) EFFECTIVE DATE: 8/13/2024 Summary Cypress Bank & Trust was originally founded as a Florida Chartered boutique corporate fiduciary in Palm Beach, FL in 1996 and transitioned to a bank and trust company in August 2021. We...

  • Chief Wealth Strategist

    1 month ago

    West Palm Beach, United States HighMark Trust, LLC Full time

     Job Title: Wealth Strategist   Location: Palm Beach County, Florida (hybrid opportunity if desired)  Job Type: Full-time  Company: HighMark Trust  About Us: HighMark Trust (in organization) is an innovative and forward-looking administrative trust company based in Palm Beach County. We are in the early stages of our exciting journey to provide...

  • Chief Wealth Strategist

    1 month ago

    West Palm Beach, United States HighMark Trust, LLC Full time

     Job Title: Wealth Strategist   Location: Palm Beach County, Florida (hybrid opportunity if desired)  Job Type: Full-time  Company: HighMark Trust  About Us: HighMark Trust (in organization) is an innovative and forward-looking administrative trust company based in Palm Beach County. We are in the early stages of our exciting journey to provide...

  • Senior Portfolio Manager

    4 weeks ago

    Palm Beach, United States Cypress Bank & Trust Full time

    Job DescriptionJOB TITLE: Senior Portfolio ManagerDEPARTMENT: Portfolio ManagementREPORTS TO: Chief Investment Officer (CIO)EFFECTIVE DATE: 8/13/2024SummaryCypress Bank & Trust was originally founded as a Florida Chartered boutique corporate fiduciary in Palm Beach, FL in 1996 and transitioned to a bank and trust company in August 2021. We currently have...

  • Senior Portfolio Manager

    4 weeks ago

    Palm Beach, United States Cypress Bank & Trust Full time

    Job DescriptionJOB TITLE: Senior Portfolio ManagerDEPARTMENT: Portfolio ManagementREPORTS TO: Chief Investment Officer (CIO)EFFECTIVE DATE: 8/13/2024SummaryCypress Bank & Trust was originally founded as a Florida Chartered boutique corporate fiduciary in Palm Beach, FL in 1996 and transitioned to a bank and trust company in August 2021. We currently have...

  • Lead Investment Portfolio Strategist

    1 week ago

    Palm Beach, Florida, United States Cypress Bank & Trust Full time

    Job OverviewPOSITION TITLE: Senior Portfolio ManagerDIVISION: Portfolio ManagementREPORTING TO: Chief Investment Officer (CIO)Company OverviewCypress Bank & Trust is a distinguished financial institution that began its journey as a boutique corporate fiduciary in Florida and evolved into a comprehensive bank and trust company. With multiple full-service...

  • Trusts and Estates Associate Attorney

    1 week ago

    Palm Beach Gardens, Florida, United States Jobot Full time

    Become a vital part of our esteemed litigation firm focusing on Wills, Trusts, and Estate PlanningWe offer:Attractive salary with performance-based bonusesOpportunities for mentorship and professional developmentPotential for upward mobility within the firmComprehensive benefits including health, dental, life insurance, and retirement plansGenerous vacation...

  • Trust and Estates Paralegal

    1 week ago

    Palm Beach Gardens, Florida, United States Legal Search Solutions Inc Full time

    Job DescriptionPosition Overview:This is an on-site role with working hours from 8:30 AM to 5:30 PM or 9:00 AM to 6:00 PM. A reputable regional law firm is seeking a dedicated Paralegal to support their Trust and Estates attorneys in the areas of probate administration and estate planning.Key Requirements:Proficiency in Microsoft Office 365A collaborative...

  • Law Enforcement Officer

    5 hours ago

    West Palm Beach, Florida, United States City of Riviera Beach Full time

    Job SummaryWe are seeking a highly skilled and dedicated Law Enforcement Officer to join our team at the City of Riviera Beach. As a Police Officer, you will play a critical role in maintaining public safety and protecting the community.Key ResponsibilitiesEnforce laws and regulations to prevent crime and protect life and propertyConduct investigations and...

  • Lead Tax Advisor

    2 weeks ago

    West Palm Beach, Florida, United States Jobot Full time

    Specialized Tax Services for High-Net-Worth IndividualsThis role is part of a reputable CPA firm that focuses on delivering tailored services to affluent clients and their organizations. Our dedicated team is committed to providing exceptional client support and assisting clients in reaching their financial goals. With an emphasis on ultra-high-net-worth...

  • Chief Medical Officer

    1 week ago

    West Palm Beach, Florida, United States Titan Placement Full time

    Chief Medical Officer (CMO)Titan Placement Group is excited to present a unique opportunity for a Chief Medical Officer in a vibrant healthcare setting.Compensation and BenefitsCompetitive salary range of $275,000 - $300,000Health Insurance with 70% employer coverageComprehensive Dental and Vision InsuranceRetirement plan with 401k and 3% employer...

  • Chief Clinical Officer

    5 days ago

    West Palm Beach, Florida, United States Titan Placement Full time

    Chief Medical Officer (CMO)Titan Placement Group is seeking a Chief Medical Officer to oversee clinical operations and provide strategic guidance within a dynamic healthcare environment.Compensation and BenefitsCompetitive salary range of $275,000 - $300,000Health Insurance with 70% employer coverageComprehensive Dental and Vision InsuranceRetirement plan...

  • Chief Clinical Officer

    1 week ago

    West Palm Beach, Florida, United States Titan Placement Full time

    Chief Medical Officer (CMO)Titan Placement Group is excited to present a pivotal opportunity for a Chief Medical Officer. This role is designed for a visionary leader ready to influence the healthcare landscape.Compensation and BenefitsCompetitive salary range: $275,000 - $300,000Health Insurance with 70% employer coverageComprehensive Dental and Vision...

  • Chief Medical Officer

    2 weeks ago

    West Palm Beach, Florida, United States Titan Placement Full time

    Chief Medical Officer (CMO)Titan Placement Group is seeking a Chief Medical Officer to oversee clinical operations and provide strategic guidance. This role is pivotal in ensuring the highest standards of patient care and operational efficiency.Compensation and BenefitsCompetitive salary range of $275,000 - $300,000Health Insurance with 70% employer...

  • Part-Time Law Office Bookkeeper

    1 month ago

    West Palm Beach, United States Grantham Law Firm Full time

    Job DescriptionJob DescriptionAre you a meticulous Bookkeeper seeking a rewarding opportunity in West Palm Beach? The Grantham Law Firm invites you to join our esteemed team dedicated to providing exceptional legal services. Our firm prides itself on professionalism and a supportive work environment. As the Bookkeeper for the Grantham Law Firm, you will play...

  • Financial Aid Officer

    3 months ago

    West Palm Beach, United States Southeastern College Full time

    Job DescriptionJob DescriptionBenefits:401(k)Health insurancePaid time offOVERVIEW:The purpose of the Financial Aid Officer is to guide students through the financial aid process and ensure they are properly funded. The Financial Aid Officer coordinates with admissions and academics to keep the students engaged and on-track.Education, and Training:At...

  • Trust and Estates Paralegal

    7 days ago

    Newport Beach, United States Law Office of Susan A. Katzen Full time

    Job DescriptionWe are seeking a highly skilled and detail-oriented Paralegal to join our team at the Law Office of Susan A. Katzen. As a Paralegal in our Trust and Estates department, you will play a critical role in assisting our attorneys with estate planning, trust administration, probate, and conservatorship cases.Key Responsibilities:Assist with the...