Trust and Estate Specialist

7 days ago


Lake Elmo, Minnesota, United States TALENT Software Services Full time

At TALENT Software Services, we are seeking an experienced Trust and Estate Specialist to join our team. This is a hybrid role based in Lake Elmo, MN.

About the Role:

The Trust and Estate Specialist will play a crucial role in managing and administering trusts and estates for clients, providing expert guidance on fiduciary matters. They will partner closely with all groups within our Wealth & Asset Management offering, acting as a trusted advisor to help clients protect and transfer their wealth in accordance with their wishes while adhering to legal and regulatory standards.

Key Responsibilities:

  • Administration of trust accounts and related responsibilities in accordance with terms as specified in trust instruments.
  • Investing, managing and distributing trust property, and giving due regard to the beneficiaries' respective interests.
  • The formation of new trust accounts, providing advice concerning types of trusts and arrangements that may be best suited for clients' unique situation.
  • Collaborating with clients' legal and tax advisors to ensure the proper planning and execution of fiduciary objectives is accomplished in an efficient manner.

Requirements:

  • Working knowledge of trust and fiduciary law and investment management as it relates to trust and fiduciary responsibilities.
  • Working knowledge of basic income tax, estate tax, gift tax and GST tax.
  • Working knowledge and previous success interpreting trust and fiduciary instruments, and directing actions in accordance with those instruments
  • At least 5+ years of experience in personal trust administration
  • Comfortable interacting with individuals of significant wealth
  • Trustworthiness and personal integrity that is beyond reproach
  • Excellent analytical skills and attention to detail.
  • Excellent oral and written communication skills, as well as the ability to deal effectively with a wide variety of people - a team player.
  • Ability to handle multiple competing priorities and organize tasks effectively
  • Ability to work independently and self-start projects.
  • Willingness to travel occasionally
  • College degree required; Law degree and/or CTFA designation preferred

Compensation:

The estimated salary range for this position is $120,000 - $180,000 per year, depending on experience. We also offer a comprehensive benefits package, including health insurance, retirement plan, and paid time off.



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