Senior Trust Administrator

Brown Brothers Harriman•Charlotte, NC

8d•Onsite

About The Position

At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career. Join us as a Senior Trust Administrator Brown Brothers Harriman is currently recruiting Senior Trust Administrator to join our Trust Company in Charlotte, NC. As a Senior Trust Administrator, you will coordinate and administer trust accounts for various clients in a support role of the Senior Trust Officer. In this role, you will monitor account transactions and ensure all records are accurately maintained. You also have responsibility for preparing outlines of estate planning documents and reviewing draft documents prepared by external counsel prior to execution.

Requirements

Bachelor’s degree and 2 to 4 years of relevant work experience
Ability to independently interpret legal documentation
Strong interpersonal skills and relationship skills
Willingness to learn new systems and procedures and the flexibility to change when necessary
Willingness to take on new responsibilities
Experience with Sunguard or other trust accounting systems
Ability to identify and communicate tax planning opportunities
Working knowledge of the interpretation and practical application of trust and estate document provisions, trust and estate law, taxes, investments, and the legal framework of trust administration
Excellent organization skills with a strong attention to detail
Experience with Microsoft Office products, particularly Excel and Word

Nice To Haves

If your career hasn’t followed a traditional path, includes alternative experiences, or doesn’t meet every qualification or skill listed in the job description, please do go ahead and apply.

Responsibilities

Open and close accounts for clients, including preparation of checklists.
Prepare outlines of estate planning documents for review by in house counsel.
Coordinate and administer trust accounts for various clients.
Monitor account transactions, including daily review and correction of overdrafts, automatic deposits, and weekly review of standing remittances.
Maintain complete records, including supporting documentation for discretionary distribution and payments.
Maintain client contacts and work with Administrative Assistant to keep CRM up to date.
Prepare discretionary distribution memoranda for review by Trust Officer.
Review document drafts, prepared by external counsel, prior to execution including trusts, wills, releases, and accountings.
Prepare annual administrative account reviews.
Respond to internal and external requests for information.
Serve as a primary point of contact for book of business owned by Trust Officers.
Communicate basic trust and estate concepts to colleagues, co-trustees, and beneficiaries.
Assist Trust Officers with business development, as appropriate.
Attend meetings with clients in partnership with Trust Officer from time to time.
Prepare payment instructions and supervise input requests for client payments and transfers.
Evaluate distribution requests with Senior Trust Officers.
Identify and communicate types of tax planning vehicles and participate in meetings with Trust Officers.
Provide tax department with trust agreements, outlines, and gift calculations, as needed.
Review Fiduciary Income Tax returns and Accountings.
Demonstrate a working knowledge of the interpretation and practical application of trust and estate document provisions, trust and estate law, taxes, investments, and the legal framework of trust administration.
Work independently on assigned tasks with minimal oversight by Senior Trust Officer.
Oversee the Administrative Assistant on the payment process and assignment of projects as required.
Lead departmental projects, as needed.