Associate Trust Officer

Raymond James Financial, Inc. • United States, United States • 3d ago

Job Description Summary

Administer basic-level processes for personal trust, estate, and custody accounts. Fulfills the duties as a fiduciary or custodian in accordance with the terms of the governing instruments, local law, and sound fiduciary principles. Achieves the objectives as stated in the Corporate Mission statement and provides fiduciary services that exceed our clients' expectations.

Job Description

Job Summary:

Under limited supervision, uses specialized knowledge in (particular field or specialization) and skills obtained through experience and/or formal training to administer basic-level personal trust, estate, and custody accounts. Fulfills the duties of Raymond James Trust (RJT) as a fiduciary or custodian in accordance with the terms of the governing instruments, local law, and sound fiduciary principles. Achieves the objectives of RJT as stated in the Corporate Mission statement and provides fiduciary services that exceed our clients' expectations. In some cases may be assigned to a more senior officer as an Associate Trust Officer/Trust Administrator during the development process.

Essential Duties and Responsibilities:

· Reads and interprets trust and testamentary instruments and acts in accordance herewith.

· Handles administration of more complex trust accounts.

· Knows and utilizes applicable local law and tax law in the administration of revocable and irrevocable trusts and decedent's estates.

· Maintains a thorough knowledge and understanding of trust accounting principles.

· Maintains technical abilities for the purposes of monitoring and administering personal trusts. This includes the use of trust accounting and management software as well as word processing and spreadsheet programs.

· Assist Trust Officers in estate administration, including confirming assets, inventory, securing real estate and tangible property and necessary court filings.

· Confirms asset transfers and real estate recordings.

· Secures date of death valuations and information on unusual assets.

· Effectively interacts with Financial Advisors in the defining of the investment goals and requirements for the achievement of trust objectives, the establishment of an appropriate asset allocation, and the selection of investments suitable to the achievement of trust purposes.

· Works closely with clients to determine the extent of their requirements and assist in the achievement of their financial objectives.

· Maintains records for annuity contracts and life insurance held in Trust.

· Files death claims on annuity, life and pension contracts as necessary.

· Secures and confirms beneficiary information and notifications as necessary.

· Participates in Trust Committee and exercises sound judgment in the acceptance and execution of administrative functions.

· Reviews accounts on a daily basis through the use of the administrative officer's trial balance.

· Instructs the assigned trust administrators of those actions to be taken in the proper and efficient administration of trusts.

· Monitors and takes action with respect to accounts as required.

· Performs other duties and responsibilities as assigned.

Qualifications

Knowledge, Skills, and Abilities:

Knowledge of:

· Principles of trust administration and estate planning.

Skill in:

· Communicating with associates at all levels as well as an array of clients.

· Drafting written correspondence.

· Operating standard office equipment and using required software applications, including Microsoft Office applications sufficient to create letters, documents, spreadsheets and email.

Ability to:

· Function in a professional office environment.

· Demonstrate efficiency and flexibility in performing detailed transactional tasks in a fast-paced work environment with frequent interruptions and changing priorities.

· Reason and make decisions with limited supervision.

· Provide efficient service to clients internal and external.

· Deal with professionals such as Financial Advisors, attorneys, and CPA's.

Educational/Previous Experience:

· Bachelor's Degree from a four-year college or university and four (4) years of trust administration experience.

~or~

· Any equivalent combination of experience, education, and/or training approved by Human Resources.

Education

Bachelor's: Accounting, Bachelor's: Business Administration, Bachelor's: Finance

Work Experience

General Experience - 3 to 6 years

Certifications

Travel

Less than 25%

Workstyle

Hybrid

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:

Grow professionally and inspire others to do the same

Work with and through others to achieve desired outcomes

Make prompt, pragmatic choices and act with the client in mind

Take ownership and hold themselves and others accountable for delivering results that matter

Contribute to the continuous evolution of the firm

At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

LI-TG1

Similar Jobs

Facilities Operations Manager

JONES LANG LASALLE AMERICAS INC • Waukesha, WI • 3h ago

Management & Administrative

JOB REQUIREMENTS: JLL empowers you to shape a brighter way. Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for o...

3h ago

Go to Apply

Wheelchair Operations Manager

Stavros • Amherst, MA • 3h ago

Management & Administrative

Wheelchair Operations Manager Amherst, MA Description: Stavros is looking for a Contract Manager for the NEW Wheelchair Repair Contract. The ideal candidate will have a Bachelor?s Degree, or three to five years of Contra...

3h ago

Go to Apply

Airport Operations Manager

Avis Budget Car Rental LLC • Cleveland, OH • 3h ago

Management & Administrative

As an Airport Manager, you'll oversee all activities at our airport location and ensure we're running smoothly and profitably with satisfied customers and employees alike. What you'll do: Manage all activities at an airp...

3h ago

Go to Apply

Sr. Operations Manager

Amazon • Sparrows Point, MD • 3h ago

Management & Administrative

Description Our Sr. Operations Managers responsible for all budgetary, people development and operations objectives. The Sr. Operations Managers is responsible for all aspects of operation or functions at the site. Addit...

3h ago

Go to Apply

Operations Manager - Lowell

DISH Network • Lowell, AR • 3h ago

Management & Administrative

Company Summary EchoStar is reimagining the future of connectivity. Our business reach spans satellite television service, live-streaming and on-demand programming, smart home installation services, mobile plans and prod...

3h ago

Go to Apply

Sr. Operations Manager

Amazon • Sparrows Point, MD • 3h ago

Management & Administrative

3h ago

Go to Apply

Customer Operations Manager

The Hertz Corporation • Oklahoma City, OK • 3h ago

Management & Administrative

The Customer Operations Manager focuses on the front-of-the-house processes, customer service, and maximizing revenue as a leader on the Customer Operations team. The Manager directs processes and activities of frontline...

3h ago

Go to Apply

Event Operations Manager

Allied Universal • Union City, CA • 3h ago

Management & Administrative

Kick off your exciting career in Event Security with Allied Universal® Event Services, the go-to leader in crowd management and event staffing. Dive into the action at sports stadiums, concerts, festivals, and convention...

3h ago

Go to Apply

Sr. Operations Manager

Amazon • Tracy, CA • 3h ago

Management & Administrative

3h ago

Go to Apply

Program Operations Manager

Zeelo • Boston, MA • 3h ago

Management & Administrative

Program Operations Manager Location: Boston, MA (in person first) About the Role: The Program Operations Manager is responsible for the end-to-end operational delivery, continuous improvement, and retention of client &am...

3h ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.