Trust Officer - Estate & Trust Settlement

Raymond James•Saint Petersburg, FL

2d•Hybrid

About The Position

Under administrative direction, this role uses specialized knowledge and skills obtained through experience, specialized training, or certification to administer trust and estate settlement accounts. The position leads defined work or projects of broad scope and complexity, and resolves or recommends solutions to complex problems. Regular contact with senior management and other internal customers is required to identify, research, and resolve accounting issues and provide comprehensive solutions to complex problems or needs.

Requirements

Knowledge of basic supervisory principles.
Knowledge of Trust Code of Florida or other applicable states.
Knowledge of Finance and Accounting.
Knowledge of basic concepts, practices and procedures of income tax planning and preparation process.
Knowledge of basic concepts, principles and practices of Fiduciary laws and principles sufficient to administer personal trusts and estate settlements.
Knowledge of fundamental investment concepts, practices and procedures used in the securities industry.
Knowledge of principles of banking and finance and securities industry operations.
Knowledge of financial markets, products, financial advisory function and investment process.
Personal trust and estate administration skills.
Strong interpersonal and leadership skills to provide a high level of customer service.
Skills in cultivating and maintaining effective working relationships at all levels of the organization.
Excellent public presentation skills.
Outstanding oral and written communication skills.
Demonstrate uncompromising adherence to ethical principles.
Ability to operate standard office equipment and learn software applications including computer based trust accounting systems and other common estate planning software programs.
Ability to function in a professional office environment.
Ability to demonstrate efficiency and flexibility in performing detailed transactional tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment with frequent interruptions.
Ability to provide efficient service to internal and external clients.
Ability to identify training needs and coach/ mentor more junior staff.
Ability to partner with other functional areas to accomplish objectives.
Ability to facilitate meetings, ensuring that all viewpoints, ideas and problems are addressed.
Ability to attend to detail while maintaining a big picture orientation.
Ability to gather information, identify linkages and trends and apply findings to assignments.
Ability to interpret and apply policies and identify and recommend changes as appropriate.
Ability to work independently, make non-routine decisions and resolve complex problems.
Ability to communicate effectively, both orally and in writing, with all organizational levels.
Ability to establish and maintain effective working relationships at all levels of the organization, including negotiation resources.

Nice To Haves

Bachelor’s in Accounting, Business Administration, or Finance.
3 to 6 years of general experience.
Less than 25% travel.

Responsibilities

Administers trust and estate settlements in accordance with statutes and regulations.
Participates in the income tax planning and preparation process, performs such tax planning functions as may be appropriate and effectively explain tax matters to beneficiaries, Financial Advisors and other relevant parties.
Interacts with Financial Advisors and clients in defining goals and objectives, working along with the investment officer to establish the appropriate asset allocation and to review and approve portfolio changes.
Interacts with beneficiaries, their advisors and Financial Advisors in the personal trust and estate settlement process.
May participate as a voting member of the Administrative Committee.
Exercises discretionary personal trust administrative authority as may be allowed by the Policies and Procedures.
Assists New Business Development personnel and Financial Advisors in the sales process through personal meetings, conference calls and seminar events.
Answers general Financial Advisor inquiries regarding estate planning, trust services, estate taxes and other relevant topics.
May lead the work of others; coaches and mentors less experienced staff.
Develops and maintains strong relationships across all levels of the organization.
Reviews progress of assignments with executive leadership/management.
Performs other duties and responsibilities as assigned.