Trust Officer - Raymond James Trust N/A

Raymond James•Columbus, GA

8d•Hybrid

About The Position

Under administrative direction, this role uses specialized knowledge and skills obtained through experience, specialized training, or certification to administer personal trust accounts. The Trust Officer leads defined work or projects of broad scope and complexity, resolves or recommends solutions to complex problems, and has regular contact with senior management and other internal customers to identify, research, and resolve accounting issues and provide comprehensive solutions. This position is responsible for administering trusts in accordance with statutes and regulations, participating in the income tax planning and preparation process, and explaining tax matters to beneficiaries, Financial Advisors, and other relevant parties. The Trust Officer interacts with Financial Advisors and clients to define goals and objectives, works with the investment officer to establish appropriate asset allocation and review portfolio changes, and interacts with beneficiaries, their advisors, and Financial Advisors in the personal trust administration process. The role may involve participation as a voting member of the Administrative Committee and exercising discretionary personal trust administrative authority as allowed by Policies and Procedures. Additionally, the Trust Officer assists New Business Development personnel and Financial Advisors in the sales process through meetings, calls, and seminars, and answers general Financial Advisor inquiries regarding estate planning, trust services, and estate taxes. The position may also lead the work of others, coach and mentor less experienced staff, and develop and maintain strong relationships across all levels of the organization. Progress of assignments is reviewed with executive leadership/management. Other duties and responsibilities as assigned.

Requirements

Understanding of IRA regulations and Inherited IRA administration.
Basic supervisory principals.
Trust Code of Florida or other applicable states.
Finance and Accounting.
Basic concepts, practices and procedures of income tax planning and preparation process.
Basic concepts, principles and practices of Fiduciary laws and principles sufficient to administer personal trusts
Fundamental investment concepts, practices and procedures used in the securities industry.
Principles of banking and finance and securities industry operations.
Financial markets, products, financial advisory function and investment process.
Personal trust administration.
Strong interpersonal and leadership skills to provide a high level of customer service.
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.
Operating standard office equipment and ability to learn software applications including computer based trust accounting systems and other common estate planning software programs.
Function in a professional office environment.
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.
Provide efficient service to internal and external clients.
Identify training needs and coach/ mentor more junior staff.
Partner with other functional areas to accomplish objectives.
Facilitate meetings, ensuring that all viewpoints, ideas and problems are addressed.
Attend to detail while maintaining a big picture orientation.
Gather information, identify linkages and trends and apply findings to assignments.
Interpret and apply policies and identify and recommend changes as appropriate.
Work independently, make non-routine decisions and resolve complex problems.
Communicate effectively, both orally and in writing, with all organizational levels.
Establish and maintain effective working relationships at all levels of the organization, including negotiation resources.
General Experience - 3 to 6 years

Nice To Haves

Less than 25% travel

Responsibilities

Administers trusts 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 administration 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.