- Work with wealth planners and relationship management team to ensure the proper administration of a book of sophisticated trust accounts.
- Responsible for overseeing all aspects of trust administration for a book of accounts, from account opening, funding, distributions, investments, account closing, etc.
- Prepare memos for discretionary actions (e.g., distributions, special investments) and present to the Trust and Investment Committee
- Review governing instruments (e.g., trusts, wills) and prepare trust summaries as part of the initial review and onboarding process; coordinate with client and advisers on execution and funding of trust, including working with predecessor trustees as applicable
- Oversee all trust-related transactions (e.g., sales, loans), coordinating with the client and advisers to ensure transaction documents are reviewed and approved internally
- Serve as a trusted adviser to clients with respect to trust matters
- Communicate regularly with grantors, beneficiaries and co-trustees regarding planning, trust terms, and solutions to address various issues or opportunities that present during administration
- Oversee trust professionals who support a shared book of business
- Provide guidance to team on day-to-day trust administration responsibilities
- Serve as mentor and coach for team's career development goals
- Ensures that team is appropriately staffed with the required skillset to serve book of trust business
- 10+ years of Trust Administration experience
- JD or other advanced degree, preferred
- Strong working knowledge of trust law, the interpretation and application of trust and estate provisions, and the legal framework for trust administration
- Knowledge of income tax, estate tax, gift tax, and GST tax
- Strong oral and written communications skills
- Solutions oriented
- Excellent analytical and critical thinking skills; is solutions-oriented and exercises independent judgment
- Excellent interpersonal skills and the ability to relate with a variety of different people
- Thrives in a team environment, is collaborative and enjoys mentoring and developing others
-
Trust Officer
1 week ago
Citi New York, United States**Trust Officer** · Engages with Ultra High Net Worth clients and administers their trusts to ensure the preservation and continued growth of their trust assets to achieve the client's specific trust and estate planning objectives. · **Job Requirements** · - Manage a book of trus ...
-
Trust Compliance and Risk Officer
3 weeks ago
Amalgamated Bank of NY New York, United StatesAmalgamated Bank is seeking a Trust Compliance & Risk Officer to be responsible for the Compliance and Risk Management Program for the Bank's Investment Management Division/Trust Department and compliance with applicable federal/state laws and regulations, contractual obligations ...
-
Trust Officer
1 week ago
Citi New York, NY, United StatesTrust Officer · Engages with Ultra High Net Worth clients and administers their trusts to ensure the preservation and continued growth of their trust assets to achieve the client's specific trust and estate planning objectives. · Job RequirementsManage a book of trust and estat ...
-
Trust Officer
3 days ago
Citigroup Inc New York, United States**Trust Officer** · Engages with Ultra High Net Worth clients and administers their trusts to ensure the preservation and continued growth of their trust assets to achieve the client's specific trust and estate planning objectives. · **Job Requirements** · + Manage a book of trus ...
-
Trust Officer
3 weeks ago
Rockefeller Financial New York, United StatesAbout Rockefeller Capital Management: · Rockefeller Capital Management was established in 2018 as a leading independent financial advisory services firm. Originally founded in 1882 as the family office of John D. Rockefeller, the Firm has evolved to offer strategic advice to ult ...
-
Trust Officer
3 days ago
Raymond James Financial Services New York, United States**Description** · **The location for this position we are hiring for is in:** · **NEW JERSEY, NEW YORK or PENNSYLVANIA** · **Job Summary** : · Under administrative direction uses specialized knowledge and skills obtained through experience, specialized training or certification t ...
-
Trust Officer
3 days ago
Raymond James New York, United StatesThe location for this position we are hiring for is in: · NEW JERSEY, NEW YORK or PENNSYLVANIA · Job Summary: · Under administrative direction uses specialized knowledge and skills obtained through experience, specialized training or certification to administer personal trust acc ...
-
Trust Officer
1 week ago
Citigroup Inc New York, United States**Trust Officer** · Engages with Ultra High Net Worth clients and administers their trusts to ensure the preservation and continued growth of their trust assets to achieve the clients specific trust and estate planning objectives. · **Job Requirements** · + Manage a book of tr ...
-
Trust Officer
3 weeks ago
Raymond James Financial Incorporated New York, United StatesThe location for this position we are hiring for is in: · NEW JERSEY, NEW YORK or PENNSYLVANIA · Job Summary: · Under administrative direction uses specialized knowledge and skills obtained through experience, specialized training or certification to administer personal trust ac ...
-
Trust Officer
4 days ago
Gpac Pacific City, United States Full timeA local community bank that is growing rapidly is looking for a Trust Officer. This is a fantastic opportunity for candidates who are experienced in trust administration and want to work for a family-friendly and supportive environment. · As a Trust Officer, you will be responsib ...
-
Trust Officer
3 weeks ago
BROWN BROTHERS HARRIMAN New York, United States Regular, Full timeAt BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application · What You Can Expect At BBH: · If you join BBH you will find a collaborative environ ...
-
Senior Trust Officer
3 days ago
Citizens New York, United StatesDescription · The Senior Trust Officer (STO) is responsible for advising high net worth clients on their trust and estate administration needs and administering trust accounts for Clarfeld Citizens Private Wealth (CCPW). They lead the day to day management and administration of ...
-
Senior Trust Officer
2 weeks ago
Franklin Templeton Investments New York, United StatesFiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high Trust, Officer, Relationship ...
-
Senior Trust Officer
3 weeks ago
Franklin Templeton New York, United StatesFiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high-net-worth individuals and fam ...
-
Trust Relationship Officer
4 weeks ago
HSBC New York, United StatesOur purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capi ...
-
Senior Trust Officer
3 weeks ago
Brown Brothers Harriman New York, NY, United StatesAt BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your applicationWhat You Can Expect At BBH:If you join BBH you will find a collaborative environment t ...
-
Senior Trust Officer
1 week ago
Citizens New York, United States Full timeDescription · The Senior Trust Officer (STO) is responsible for advising high net worth clients on their trust and estate administration needs and administering trust accounts for Clarfeld Citizens Private Wealth (CCPW). They lead the day to day management and administration of t ...
-
Senior Trust Officer
3 weeks ago
Franklin Templeton New York, United States Regular, Full timeFiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high-net-worth individuals and fam ...
-
Trust Compliance and Risk Officer
2 weeks ago
Amalgamated Bank New York, United StatesAmalgamated Bank is seeking a Trust Compliance & Risk Officer to be responsible for the Compliance and Risk Management Program for the Banks Investment Management Division/Trust Department and compliance with applicable federal/state laws and regulations, contractual obligations ...
-
Trust Compliance and Risk Officer
1 week ago
Amalgamated Bank of NY New York, United StatesJob Description · Job DescriptionAmalgamated Bank is seeking a Trust Compliance & Risk Officer to be responsible for the Compliance and Risk Management Program for the Bank's Investment Management Division/Trust Department and compliance with applicable federal/state laws and reg ...
Senior Trust Officer - New York, United States - Brown Brothers Harriman
Description
At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application
What You Can Expect At BBH:
If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and reinvent yourself-without leaving the firm. We encourage a culture of inclusion that values each employee's unique perspective. We provide a high-quality benefits program emphasizing good health, financial security, and peace of mind. Ultimately we want you to have rewarding work with the flexibility to enjoy personal and family experiences at every career stage. Our BBH Cares program offers volunteer opportunities to give back to your community and help transform the lives of others.
Join us as a Senior Trust Officer
Brown Brothers Harriman is currently looking for a Senior Trust Officer to join our National Trust Company in our New York headquarters. The New York Office consists of a team of 14 professionals that administer over $4 billion in trust assets for ultra-high net worth clients for the Private Bank. In this role, you will be responsible for managing a book of sophisticated trust relationships with the support of administrators, and you will work closely with clients, prospects, advisers, and the relationship management team to provide superior client service.
Some of your key responsibilities include:
Trust Administration
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.
Salary Range
$150k - $170k base salary + annual bonus
BBH's compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck-providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.