Trust Officer
18 hours ago
We are seeking a Senior Trust Officer to join our team at Citizens Private Wealth. This role is responsible for advising high net worth clients on their trust and estate administration needs.
About the Role- This position involves leading the day-to-day management and administration of trust accounts, as well as working with partners to introduce trust clients and beneficiaries to our comprehensive suite of investment, financial planning, insurance, and tax services.
- The Senior Trust Officer will serve as a specialist in partnership with CCPW professionals to attract and retain new clients.
In this role, you will perform duties with high proficiency and integrity, acting in accordance with the Banks fiduciary responsibilities and best fiduciary and risk management practices, as trustee and/or executor.
Main Responsibilities- Establish and manage strong client relationships within an assigned book of trust accounts. Meet with clients, family members, and their advisors as appropriate.
- Educate clients and beneficiaries on estate and trust planning strategies, including state fiduciary law and practices, related trust income and estate tax principles, and how to integrate these concepts into fiduciary investing.
- Handle intricate trust and relationship matters, serving as a quarterback with other CCPW advisors to ensure best practices are met. Proactively perform daily trust officer administration responsibilities and consistently deliver a quality CCPW client experience.
- Accurately interpret and apply provisions of trusts and wills consistent with applicable statutes and regulations. Routinely work with clients and their external advisors to implement estate plans to achieve clients' goals.
- Partner with CCPW colleagues to achieve business growth and retention goals. Build and maintain a strong network of internal and external center-of-influence relationships.
- Participate in the training and development of Trust Officers and Trust Associates.
- Serve on various fiduciary/governance committees and project teams.
- 7-10 years of successful fiduciary account administration and client relationship management within a Private Wealth environment.
- Experience with fiduciary investment concepts, analytics, and reporting desirable.
- Strong communication, organization, and analytical skills.
$120,000 - $180,000 per year, depending on experience.
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