Private Business Advisor II -Closely Held Business Assets

Truist Bank•Charlotte, NC

About The Position

Responsible for managing a portfolio of the most complex privately owned business assets, ensuring the highest possible investment performance for each asset and maintaining compliance with Privately Held Investments policies and procedures. The role includes administrative and reporting oversight, risk management, communication with account officers and other stakeholders, and supporting client engagement and revenue growth. The advisor also monitors asset performance and documentation and contributes to compliance committee materials and presentations.

Requirements

Bachelor's degree in trust management, business, or equivalent experience, education, and related training.
Minimum 10 years of experience managing or consulting for various business entities.
Strong technical and regulatory background.
Excellent time management, written communication, and verbal communication skills.
Strong organizational, analytical, and project management skills.
Demonstrated proficiency in developing and presenting presentations.
Demonstrated proficiency in basic computer applications, such as Microsoft Office products.

Nice To Haves

Completion of a graduate-level trust school program (ABA, Cannon, or another comparable provider).
Certification as a Certified Trust and Financial Advisor (CTFA), Certified Financial Planner (CFP), or comparable designation.
Advanced degree in law, business, or accounting.

Responsibilities

Ensure proper administrative and reporting procedures for each asset while maintaining policy compliance and operating efficiency.
Manage liability exposure to the account and bank resulting from asset management decisions, escalating issues to management promptly to mitigate risk.
Maintain open communication with the account officer and advise them of decisions or events that may affect the client.
Work cross-functionally with market teams to support revenue growth and client engagement by presenting Privately Held Investments capabilities and value proposition.
Monitor key performance indicators for assigned assets to ensure correct coding, identify deficiencies, and maintain vital documentation.
Communicate professionally with clients, tenants, vendors, and other third parties.
Document significant events, decision-making steps, and decisions.
Assist in preparing Committee compliance items, including pre-acceptances, sales, and expenses, and present items to the Committee as required.

Benefits

Medical insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Accidental death and dismemberment coverage
Tax-preferred savings accounts
401(k) plan
At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
10 sick days during the first year, prorated
Paid holidays
Depending on position and division, potential eligibility for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan