Trust and Estate Specialist
7 days ago
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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