Trust Services Attorney
2 days ago
First Citizens Bank is seeking an experienced Trust Services Attorney to join its team in a dynamic and fast-growing environment. The ideal candidate will have a strong background in trust services, administration, investment advisory services, broker-dealer, and private banking work.
About the RoleThis role requires flexibility, collegiality, and a growth mindset. The successful candidate will be responsible for providing legal advice on specialized deposit and credit vehicles for consumer and commercial clients. They will also provide guidance on statutes and regulations related to general consumer wealth management, including the Investment Advisers Act, the Securities Exchange Act of 1934, and other relevant laws and regulations.
Responsibilities- Provide legal advice on trust services, administration, investment advisory services, broker-dealer, and private banking work
- Collaborate with legal colleagues and internal clients in the development and execution of strategic growth initiatives
- Provide guidance on corporate governance best practices
- Create, review, and deploy wealth management and private banking agreements
- Support process improvements, operational escalations, and enhancements
- Supervise outside counsel and effectively manage legal costs
- Juris Doctor Degree and 6 years of experience in General Practice or in-house
- Experience working with or for a registered investment advisor, broker-dealer, corporate and personal fiduciary/trust, private banking, or other regulated business
- Familiarity with US financial regulations, specifically those that impact private and institutional wealth management and private banking offerings
- Knowledge of banking deposit regulations across jurisdictions would be helpful
- Experience with consumer and/or commercial lending documentation
- Substantive experience or exposure to brokerage, investment advisory, and related legal and regulatory areas
- Experience with legal issues involving personal and institutional trusts
The estimated salary for this role is $150,000 - $200,000 per year, depending on experience.
BenefitsFirst Citizens Bank offers a comprehensive benefits package, including health insurance, retirement savings plan, paid time off, and more.
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