Job Requirements:
General Fiduciary Administration:
Prepares administrative reviews and assists in the preparation of the investment review when required
Participates in fiduciary administrative committee
Ability to multitask, detailed oriented, organized and work under pressure
Knowledge of various trust types, income and principal accounting, trust income taxation, GST, trust investments, retirement plans and charitable trusts
Administers a varied number of existing and new personal trust accounts
Interprets the governing instrument and applicable state law to ensure trusts are administered according to the terms of the governing instrument
Cultivates and maintains ongoing relations with beneficiaries, investment advisors, attorneys, accountants and co-fiduciaries. Communicates the terms of the trust provisions to relevant parties.
Responds to trust client issues, anticipating client needs and preparing for and participating in client meetings
Prepares and presents discretionary distribution requests and makes recommendations to fiduciary committee
Works with the tax accountants to prepare and file fiduciary tax returns
Responsible for receipts and disbursements for their book of accounts
Job Responsibilities:
Monitor administrative policies and procedures
Review and analysis of report, statements, policies and procedures
Act as a liaison between vendors, clients and/or other market units
Support of client and team needs
Perform effectively in a team environment
Where required, train and mentor other team members
Become proficient in business application tools
Support business initiatives, including business continuity and disaster recovery
Be able to function as an individual contributor and make independent decisions
Obtain professional certifications where required
Assist Independent Advisor Solution with sales leads or personal trust presentations
Acquiring system and technical knowledge required to resolve more complex tasks
Be able to perform all jobs in the business unit
Assume responsibilities or related projects
Maintain current procedures and improve on process
Position Requirements:
Bachelor’s degree or equivalent in education and work experience required
Minimum of five years of experience in the trust industry
CTFA preferred but not required
Solid understanding of related legal, tax and accounting concepts required
High degree of objectivity and professionalism in management of fiduciary obligations
Exceptional written and oral communications skills essential
This individual will routinely have access to confidential and sensitive information. A high degree of integrity and trust is a must
Organizational, time management and analytical skills
Interpersonal and communications skills
Must be willing to work effectively and independently, as well as in a team, in an open-floor environment
SEI’s competitive advantage:
To help you stay energized, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, a strong retirement plan, tuition reimbursement, a hybrid working environment for most roles, support for working parents and flexible Paid Time Off (PTO) so you can relax, recharge and be there for the people you care about.
Benefits include healthcare (medical, dental, vision, prescription, wellness, EAP, FSA), life and disability insurance (premiums paid for base coverage), 401(k) match, education assistance, commuter benefits, up to 11 paid holidays/year, 21 days PTO/year pro-rated for new hires which increases over time, paid parental leave, back-up childcare arrangements, paid volunteer days, a discounted stock purchase plan, investment options, access to thriving employee networks and more.
We are a technology and asset management company delivering on our promise of building brave futures (SM)—for our clients, our communities, and ourselves. Come build your brave future at SEI.
