Trust Relationship Specialist

Capital Group•Reno, NV

4d•$79,841 - $127,746•Hybrid

About The Position

We are seeking a proactive and seamless member of the Trust Relationship team to help anticipate, execute, and coordinate the PWA team's business. This role spans from prospecting/marketing to client management. The Trust Relationship Specialist will lead and oversee multiple aspects of the client relationship, including cash management, distributions, contributions, asset allocation, investment actions, client/account maintenance, and client inquiries. This position requires coordination with internal and external teams as necessary. The Specialist will build rapport with clients and intermediaries to maintain positive working relationships, acting as the client advocate to retain, preserve, and deepen existing relationships. This role supports the PWA business plan and may identify opportunities for expanding relationships. The Specialist will strategize with PWA to establish a process/service model for addressing client needs, communicate with clients and advisors on various account and/or transactional processes, and oversee client communication materials. Additionally, the role involves coordinating with internal and external teams to onboard new account relationships, including information collection, documentation and approval compilation, and account opening/funding. The Specialist will also coordinate other fiduciary responsibilities related to trusts and IRAs, such as discretionary distributions and valuations. This includes overseeing the review, interpretation, and administration of estate and trust documents (trusts, wills, codicils, life insurance policies, partnership agreements) and preparing trust synopses. Planning for and utilizing systems to facilitate the execution of ongoing trust provisions, and overseeing the establishment and execution of required and discretionary trust distributions are key responsibilities. Ensuring trust assets are invested according to trust provisions and the Prudent Investor Rule, and overseeing the administration of special assets (life insurance, mineral interests, real estate, limited partnerships, closely held stock) are also critical. The role coordinates the selection and hiring of outside agents (e.g., real estate brokers, asset valuation services) as needed, and coordinates post-death trust administration, ensuring compliance with trust and estate regulatory requirements. The Trust Relationship Specialist is responsible for trust committee review for investment policy, discretionary requests, distribution ratifications, loan requests, special assets, and interpretation of trust provisions. Coordination with internal and external professionals for estate and income tax compliance and proper trust accounting (including court accountings) is required. The role may also coordinate foundation grant recipient activities and related special reporting. The Specialist will provide team/department support, oversee Relationship Associate tasks and workflow, and attend client/intermediary meetings as appropriate. Meeting recurring regulatory requirements for trust companies and registered investment advisors, including trust committee review, is essential. Responding to ad hoc portfolio, regulatory, market, and investment strategy specific queries, both verbally and in writing, and participating in projects related to the business' and team's overall business priorities are also part of the role. Additional responsibilities may be assigned.

Requirements

Pro-active and seamless member of the Trust Relationship team.
Ability to anticipate, execute and coordinate the PWA team business from prospecting/marketing to client management to Leads.
Ability to oversee multiple aspects of the client relationship including cash management, distributions, contributions, asset allocation, investment actions, client/account maintenance, and client inquiries.
Ability to coordinate with internal and external teams as necessary.
Ability to build rapport with clients and intermediaries to maintain a positive working relationship.
Ability to act as the client advocate in order to retain, preserve, and deepen existing relationships.
Ability to support PWA business plan and identify opportunities for expanding relationships.
Ability to strategize with PWA to establish a process/service model for addressing client needs.
Ability to communicate with clients and advisors on various account and/or transactional processes and oversee client communication materials.
Ability to coordinate with internal and external teams to on-board new account relationships (information collection, documentation and approval compilation, open and fund accounts).
Ability to coordinate other fiduciary responsibilities related to trusts and IRAs (i.e. discretionary distributions, valuations).
Ability to oversee the review, interpretation and administration of estate and trust documents, including trusts, wills, codicils, life insurance policies, and partnership agreements, including the preparation of a trust synopsis.
Ability to plan for and utilize systems to facilitate the execution of ongoing trust provisions.
Ability to oversee the establishment and execution of required and discretionary trust distributions.
Ability to ensure the trust assets are invested according to the trust provisions and Prudent Investor Rule.
Ability to oversee the administration of special assets including life insurance policies, mineral interests, real estate, limited partnerships, closely held stock.
Ability to coordinate the selection and hiring of outside agents in the administration of the trust as necessary (i.e. real estate broker, asset valuation services).
Ability to coordinate post-death trust administration.
Ability to ensure compliance with trust and estate regulatory requirements.
Responsibility for trust committee review for investment policy, discretionary requests, distribution ratifications, loan requests, special assets, and interpretation of trust provisions.
Ability to coordinate with internal and external professionals to ensure estate and income tax compliance and proper trust accounting (i.e. court accountings).
May coordinate foundation grant recipient activities and related special reporting.
Ability to provide team/department support.
Ability to oversee Relationship Associate tasks and workflow.
Ability to attend client/intermediary meetings as appropriate.
Ability to meet recurring regulatory requirements mandated for trust companies and registered investment advisors, including trust committee review.
Ability to respond to ad hoc portfolio, regulatory, market, and investment strategy specific queries both verbally and in writing.
Ability to participate in projects related to the business' and team's overall business priorities.
Ability to perform additional responsibilities as assigned.

Nice To Haves

Relationship Specialist or Relationship Specialist Senior level

Responsibilities

Anticipate, execute, and coordinate the PWA team business from prospecting/marketing to client management.
Lead and oversee multiple aspects of the client relationship including cash management, distributions, contributions, asset allocation, investment actions, client/account maintenance, and client inquiries.
Coordinate with internal and external teams as necessary.
Build rapport with clients and intermediaries to maintain a positive working relationship.
Act as the client advocate to retain, preserve, and deepen existing relationships.
Support the PWA business plan and identify opportunities for expanding relationships.
Strategize with PWA to establish a process/service model for addressing client needs.
Communicate with clients and advisors on various account and/or transactional processes and oversee client communication materials.
Coordinate with internal and external teams to on-board new account relationships (information collection, documentation and approval compilation, open and fund accounts).
Coordinate other fiduciary responsibilities related to trusts and IRAs (i.e. discretionary distributions, valuations).
Oversee the review, interpretation and administration of estate and trust documents, including trusts, wills, codicils, life insurance policies, and partnership agreements, including the preparation of a trust synopsis.
Plan for and utilize systems to facilitate the execution of ongoing trust provisions.
Oversee the establishment and execution of required and discretionary trust distributions.
Ensure the trust assets are invested according to the trust provisions and Prudent Investor Rule.
Oversee the administration of special assets including life insurance policies, mineral interests, real estate, limited partnerships, closely held stock.
Coordinate the selection and hiring of outside agents in the administration of the trust as necessary (i.e. real estate broker, asset valuation services).
Coordinate post-death trust administration.
Ensure compliance with trust and estate regulatory requirements.
Responsible for trust committee review for investment policy, discretionary requests, distribution ratifications, loan requests, special assets, and interpretation of trust provisions.
Coordinate with internal and external professionals to ensure estate and income tax compliance and proper trust accounting (i.e. court accountings).
May coordinate foundation grant recipient activities and related special reporting.
Provide team/department support.
Oversee Relationship Associate tasks and workflow.
Attend client/intermediary meetings as appropriate.
Meet recurring regulatory requirements mandated for trust companies and registered investment advisors, including trust committee review.
Respond to ad hoc portfolio, regulatory, market, and investment strategy specific queries both verbally and in writing.
Participate in projects related to the business' and team's overall business priorities.
Perform additional responsibilities as assigned.