Fifth Third Bancorp

Senior Trust Advisor

Fifth Third Bancorp$90K — $120K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • Graduate degree (JD, MBA) preferred
  • Professional designation (CTFA or similar)
  • 10 years of fiduciary client service/sales experience
  • Advanced knowledge of trust administration and estate planning strategies

Responsibilities

  • Serve as Trust Advisor for clients with over $5MM in assets
  • Collaborate with Private Bank Team to identify and implement fiduciary solutions
  • Build and nurture relationships with clients and their families
  • Provide advice on complex estate planning matters
  • Advise approximately 50-75 households with 250-300 accounts
  • Administer fiduciary accounts in compliance with governing documents
  • Cultivate relationships with attorneys and accountants for business opportunities

Benefits

  • Comprehensive benefits programs supporting physical, financial, emotional, and social well-being
  • Opportunity for participation in an incentive compensation plan
  • Recognition for employees’ contributions to improving lives of customers and communities
Full Job Description
GENERAL FUNCTION:
  • Serve as Trust Advisor for clients with more than $5MM in investable assets
  • Work with Private Bank Team to identify fiduciary opportunities and solutions
  • Work with Private Bank Team to implement fiduciary strategies
  • Serve as a Trusted Advisor by developing close, personal relationships with the clients and their families, anticipating clients' wealth planning and Private Bank service needs and coordinating external and internal advisors to accomplish
  • Actively participate with the Private Bank team to develop, interpret, communicate an facilitate complex estate planning matters as part of the advice-based solutions presented to clients
  • Advise 50- 75 households comprised of approximately 250- 300 accounts


ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • On behalf of Fifth Third Bank as Trustee understand and administer fiduciary accounts in accordance with the governing documents for trusts over $1MM
  • Ensure adherence to all fiduciary rules, regulations and internal governance throughout the administration of the trust
  • Cultivate relationships with local centers of influence including attorneys and accountants to identify both current and future opportunities for Fifth Third Bank to serve as Trustee, Successor Trustee, Executor or Personal Representative.
  • Generate new fiduciary and Private Bank IM&T
  • Manage the due diligence process on all new fiduciary appointments
  • Demonstrate sound complex decision making skills
  • Maintain knowledge of current trends and changes in the industry with regard to fiduciary matters (e.g. estate planning and probate, estate, gift and income tax planning, guardianships, special needs trust, state-specific laws)
  • Develop subject matter expertise in fiduciary related areas


MINIMUM KNOWLEDGE, SKILLS AND ABILITES REQUIRED
  • Bachelor's degree required
  • Graduate degree (JD,MBA) preferred
  • Professional designee (CTFA or similar)
  • 10 years of demonstrated fiduciary client service/sales
  • Advanced knowledge of trust administration, estate planning strategies, and income and estate tax matters


Senior Trust Advisor

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Dayton, Ohio 45402

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments, and mortgage.

Fifth Third Bancorp Careers

Join the vibrant team at Fifth Third Bancorp, a leading financial services company that values innovation, leadership, and diversity. As part of our commitment to professional growth and excellence, we offer a range of job opportunities that empower you to advance your career while contributing to the financial success of our clients. Work You’ll Do At Fifth Third Bancorp, you’ll be part of a culture that cherishes innovation and strategic thinking. Our team is dedicated to providing outstanding financial solutions to individuals and businesses alike. By joining us, you will collaborate with some of the industry’s most talented professionals, using your skills to influence positive change and drive efficiency. Explore a variety of career paths in areas such as finance, technology, customer service, and risk management. Whether you are looking for a full-time position, an internship, or leadership roles, Fifth Third Bancorp offers a dynamic environment where your career can flourish. Innovative Work Engage in projects that harness cutting-edge technology and innovative financial practices. At Fifth Third Bancorp, your work will directly impact our mission to improve lives and contribute to the economic stability of the communities we serve. Our team’s collaborative efforts lead to groundbreaking solutions, setting new standards in the financial industry. Be Part of a Great Team Fifth Third Bancorp is not just a company; it’s a community. Here, diversity and inclusion are at the core of our employment philosophy, ensuring every team member’s voice is heard and valued. We offer diversity training programs that enhance our understanding and appreciation of various perspectives, fostering an inclusive workplace. Future-Proof Your Career With Fifth Third Bancorp, you are set on a path of continuous professional development. Benefit from comprehensive benefits, mentorship, and networking opportunities that propel your career forward. Our leadership is committed to your success, providing support and guidance as you navigate through your career milestones. Stay Connected Join Our Team Discover the array of job opportunities at Fifth Third Bancorp by exploring positions that match your skills and interests. We are constantly hiring creative, curious, and motivated individuals who are ready to make a significant impact. Check out our current openings and find where you fit into our exceptional team. Keep Up to Date Stay informed with the latest career tips, industry insights, and professional growth opportunities available at Fifth Third Bancorp. Our careers blog is a resource for potential and current employees, offering valuable information to enhance your work experience and expand your knowledge base. Job Alert Emails Customize your experience by subscribing to receive job alerts, news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Fifth Third Bancorp. At Fifth Third Bancorp, we are more than just a bank. We are a place where careers are nurtured, achievements are celebrated, and diversity is embraced. Are you ready to take the next step in your professional journey? Join us and be part of something great.
Learn more about Fifth Third Bancorp
Size
19,247 employees
Market Cap
$22.3 billion
Industry
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ

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