VP, Fiduciary Tax Manager

LPL Financial•Cleveland, OH

13d•$120,819 - $201,365

About The Position

We are currently looking to hire a VP, Fiduciary Tax Manager within The Private Trust Company to oversee all fiduciary and tax reporting responsibilities. This senior leader will manage trust tax return preparation, third-party tax reporting, vendor oversight and serve as subject matter expert on fiduciary tax and IRA administration. The role combines technical depth with leadership, requiring strong oversight, collaboration and communication with advisors, beneficiaries, vendors and internal stakeholders while ensuring compliance with fiduciary standards.

Requirements

10+ years of progressive fiduciary tax, trust administration or estate tax experience, with at least 5 years in a leadership role
Knowledge of fiduciary income taxation, estate taxation and IRA administration
Familiarity with OCC regulations, trust company operations and vendor oversight
Communication skills to liaise effectively with financial advisors, beneficiaries and other stakeholders
Organizational, analytical and leadership abilities

Nice To Haves

Juris Doctor (JD) and Master of Laws (LL.M.) in Taxation preferred

Responsibilities

Trust & Fiduciary Tax Oversight Manage PTC’s fiduciary tax return preparation (as trustee and taxpayer), including Forms 1041, 1099 and K-1
Oversee third-party tax reporting to clients and beneficiaries, as well as federal and state withholding and other regulatory reporting
Monitor tax law developments affecting trusts and IRAs and recommend process adjustments (without providing individualized tax advice)
Ensure timely and accurate completion of all fiduciary tax filings, elections and regulatory submissions
Vendor & Process Management Manage the bank’s third-party tax compliance vendor, including performance monitoring, service-level adherence, contract renewals and RFP processes
Lead process improvements, technology integrations and controls to strengthen accuracy, efficiency and compliance
Subject Matter Expertise Serve as fiduciary tax SME for PTC front office, advisors and external stakeholders, ensuring questions are addressed with clarity and within scope of fiduciary administration
Provide education and training to trust officers and staff regarding fiduciary income tax principles, IRA rules and tax reporting practices
Support estate settlement teams in managing estate tax obligations
IRA Administration & Consulting Serve as SME on trusteed IRAs administered by PTC and IRAs owned by PTC as trustee and partner with front office to ensure proper administration of IRAs
Develop internal best practices and training materials for IRA administration