Unique Assets Administrator

Wilmington Trust • Princeton, NJ

1d • Onsite

About The Position

Make an Impact in a Specialized Area of Wealth & Fiduciary Services. Are you a finance, accounting, or trust professional looking to expand your expertise in a highly specialized area of wealth management? Join our Unique Assets team and play a key role in the oversight, valuation, and administration of closely held businesses and other complex assets held within fiduciary accounts. This position offers the opportunity to work with a diverse portfolio of unique assets, collaborate with experienced trust and wealth professionals, and gain exposure to complex financial analysis, valuation methodologies, and fiduciary administration.

Requirements

• Bachelor’s degree and a minimum of two years of experience at a bank or another similar financial institution. In lieu of a bachelor’s degree, a combined minimum of six years of higher education and work experience, including at least two years’ experience at a bank or similar financial institution
• Strong analytical and financial statement review skills.
• Advanced proficiency in Microsoft Excel and familiarity with Word, PowerPoint, and other business applications.
• Exceptional organizational skills, attention to detail, and written and verbal communication abilities.
• Ability to manage multiple priorities while working independently and collaboratively within a team environment.

Nice To Haves

• Experience with closely held business assets, unique asset administration, trusts and estates, business valuation, audit, accounting, or compliance.
• Advanced degree and/or professional certifications such as CFA, CPA, CPA/ABV, ASA, or CTFA.
• Knowledge of fiduciary administration, valuation techniques, and wealth management practices.

Responsibilities

• Support the administration and oversight of closely held business interests, including corporations, partnerships, and limited liability companies held in fiduciary accounts.
• Perform annual asset reviews, analyzing financial statements, operating performance, governance documents, marketability, risks, and holding recommendations.
• Assist in developing and updating valuation estimates using financial data and appropriate valuation methodologies.
• Support corporate actions, including business sales, purchases, shareholder votes, proxy requests, and other asset-related activities.
• Assist with the administration of additional unique assets, including, but not limited to, real estate holdings and life insurance policies.
• Partner with Relationship Managers, trust professionals, legal advisors, and external stakeholders to deliver exceptional client service.
• Identify potential risks and ensure assets are administered in accordance with fiduciary responsibilities and regulatory requirements.

What This Job Offers

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