Sr. Estate Settlement Officer

City National Bank • Los Angeles, CA

2d

About The Position

This position is responsible for the administration and distribution of estate/trust assets held within an administrative trust or probate. The Sr. Estate Settlement Officer facilitates family meetings, identifies, collects and values assets, pays claims and expenses, coordinates the preparation of estate and other required returns; and oversees the distribution of assets. This position may oversee other estate administration support staff.

Requirements

• Bachelor's Degree or equivalent experience
• 6 years of experience in trust administration
• 6 years of experience in a financial or legal services organization
• Ability to travel up to 20% of the time
• Comprehensive knowledge of estate settlement, gifting, income, estate and generation skipping taxation and trusts (revocable and irrevocable).
• Knowledgeable about banking products, financial planning and insurance services.
• Excellent interpersonal and technical skills
• Demonstrates excellent oral, written, and presentation skills
• Exceptional organizational skills
• Computer proficiency in Word and Excel

Nice To Haves

• 6+ years personal trust/estate settlement/investment related experience preferred
• JD, LLM or other legal designation/degree helpful
• Completion of Trust Certificate and/or CTFA preferred

Responsibilities

• Manage the larger, more complex probate estates and deceased grantor trusts.
• Increase estate revenue by developing and maintaining partnerships with internal Trust Team, Private Bankers, and through referrals from other business lines. Participate in business development and sales activities offering Estate Settlement expertise.
• Coordinate communication between clients, external attorneys and with internal business partners (Tax, Compliance, Real Estate), to ensure accurate, timely, and efficient administration and to manage business risk.
• Build and maintain relationships with external business partners (Attorneys and CPAs) and other organizations to promote awareness of Estate Settlement Services.
• Oversees a book of business and serves as the primary resource for communication to assigned accounts.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level