Trust Officer - Private Client

JTC Group

$90K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, accounting, law, or related field; JD, CFP, or CTFA preferred.
  • Minimum of 5 years in trust administration, estate planning, or wealth management.
  • In-depth knowledge of trust laws and fiduciary duties.
  • Experience managing diverse portfolios, including complex international clients.
  • Strong analytical and problem-solving skills.

Responsibilities

  • Administer complex fiduciary accounts for both domestic and international clients.
  • Ensure superior client service while managing fiduciary risk effectively.
  • Identify and resolve unique trust issues and escalate when necessary.
  • Guide and develop administrative support staff, delegating tasks appropriately.
  • Serve on various committees related to administration and oversight as required.
  • Participate in business development efforts to attract new clients.
  • Ensure compliance with all applicable statutes and regulations for trust accounts.

Benefits

  • Hybrid work structure offering flexibility.
  • Opportunities for professional development and growth.
  • Involvement in business development activities.
  • Work with a dynamic team that values communication and collaboration.
  • Adherence to core values and expected behaviors, fostering a positive workplace culture.
Full Job Description
EMPLOYMENT TYPE: Permanent

DEPARTMENT: Private Client

DIVISION: Private Client Services

WORKPLACE STRUCTURE: Hybrid

ROLE OVERVIEW

PURPOSE OF JOB

Primaryresponsibilities to include trust administration and ensuring assigned personaltrust relationships are administered properly and serve as a resource to teammembers supporting the trust administration department. Duties include theadministration of complex fiduciary trust relationships including both directedand delegated accounts as well as US domestic and international clients.

MAIN RESPONSIBILITIES AND DUTIES
  • Administer a variety of complex fiduciary accounts for US domestic clients as well as international and cross-border clients.
  • Responsible for assuring a superior level of client service while effectively managing fiduciary risk.
  • Be able to identify and address different types of trust issues, unique assets, closely held entities and making judgments to resolve matters and escalating to management and oversight committees as needed.
  • Provide guidance and development opportunities to administrative support staff and delegation of work as appropriate.
  • Serve as a committee member on administration, oversight and discretionary committees, if needed.
  • Participate in business development activities to highlight trust administration approach and process for prospective new clients.
  • Ensure that the trust account set-up and on-going administration of all fiduciary accounts is in full compliance with all applicable statutes and regulations.
  • Prepare timely initial and annual administrative reviews.
  • Assist in preparation of reports and materials for management committees.
  • Communicate effectively with beneficiaries, grantors, attorneys, investment advisors and accountants to ensure all parties are well informed.
  • Maintain client service standards in all client communications.
  • Work with affiliated entities, including internal audit, as needed.
  • Adhere to JTC core values and expected behaviours.
  • Any other duties as deemed necessary by Management.

ESSENTIAL REQUIREMENTS
  • Bachelor's degree in finance, Accounting, Law, or a related field. A JD, CFP, or CTFA designation is preferred.
  • Minimum of 5 years of experience in trust administration, estate planning, or wealth management. In-depth knowledge of trust laws, fiduciary duties, and estate planning principles.
  • Experience managing a diverse portfolio of trust accounts.
  • Ability to effectively manage complex, cross border and international trust clients.
  • Experience in operational, tax and fiduciary activities in relation to complex, cross border and international trust clients.
  • Ability to succeed in a fast-paced environment.
  • Self-motivated, used to working in a "hands-on" role.
  • Strong communication skills, both written and verbal.
  • Excellent interpersonal skills.
  • Highly developed management and mentorship skills.
  • Strong analytical and problem-solving capabilities.
  • Working knowledge of risk related matters in a trust administration and fiduciary context.
  • Strong administration and organizational skills.
  • Experienced user of Microsoft applications, trust accounting system and document management systems.


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