Fiduciary Officer

Bessemer Trust is seeking a highly skilled Fiduciary Officer to join our team. As a key member of our trust administration group, you will be responsible for supporting internal colleagues in the administration of trust accounts, reviewing distribution request memos, and preparing accurate abstracts of trust provisions.

• Support internal colleagues in all aspects of trust administration, including review of distribution request memos and preparation of accurate abstracts of trust provisions.
• Review sophisticated inter-vivos and testamentary trust instruments for high net worth clients and prepare accurate abstracts of relevant provisions.
• Issue spot newly accepted trusts to provide proper account setup guidance to internal colleagues.
• Prepare Initial Trust Reviews for newly opened trust accounts to assist internal colleagues and ensure accurate administration from inception.
• Oversee the trust termination process, including drafting Receipt, Release & Refunding Agreements.
• Serve as a dedicated fiduciary resource for specialized accounts and assets, such as Irrevocable Life Insurance Trusts.

• College degree required; Law degree preferred.
• 5+ years experience in personal trust administration, working knowledge of Trust Laws.
• Fast learner with the ability to learn on the job.
• Excellent analytical skills and attention to detail.
• Working knowledge of basic income tax, estate tax, gift tax and GST tax.
• Ability to work independently and self-start projects.
• Excellent interpersonal skills, ability to deal effectively with a wide variety of people, a team player.
• Excellent computer skills, proficiency with Microsoft Word and Excel.
• Ability to handle multiple competing priorities and organize tasks effectively.
• Excellent oral and written communication skills.

Bessemer Trust is a leading multifamily office, overseeing more than $200 billion in assets for 3,000 individuals and families of substantial wealth. Our 1,200 employees are singularly focused on private wealth management, disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.

We provide exceptional rewards and benefits that are among the best in the industry, giving our people access to a wide range of options, including competitive base salary, discretionary annual bonus, 401(k) plan with a generous annual profit-sharing contribution, personalized development and career opportunities, comprehensive medical, dental, and vision plans, employee assistance (EAP) and wellness programs, hybrid work environment, paid time off and paid parental leave, employer-paid life insurance and short- and long-term disability coverage, legal services and financial wellness plans at no cost to employees.