Fiduciary Officer (DALLAS).159
- Job Title
- Fiduciary Officer (DALLAS).159
A premier financial services firm located in Dallas, Texas seeks a Fiduciary Officer to join its collaborative and team-oriented environment. Compensation is competitive with an attractive benefit package.
- Support internal colleagues in all aspects of the administration of trust accounts where the firm serves as trustee.
- Participate in the review of distribution request memos for content and appropriate supporting documentation, review of Special Investment Requests, review of Power-to-Adjust Requests, etc., including coaching of internal client team members on appropriate submission content.
- Review sophisticated inter-vivos and testamentary trust instruments for high-net worth clients and prepare accurate abstract / synopsis of relevant provisions.
- Issue spot newly accepted trusts to provide proper account setup guidance to internal colleagues.
- Prepare Initial Trust Reviews for newly opened trust accounts to assist internal colleagues and ensure accurate administration from inception.
- Oversee the trust termination process when trusts terminate, including drafting Receipt, Release & Refunding Agreements.
- Serve as dedicated fiduciary resource for specialized accounts and assets, such as Irrevocable Life Insurance Trusts.
- Support internal colleagues in the administration of trusts including training on appropriate trust administration techniques (overdraft management, discretionary distributions, compliance with trust policies, termination activities, management of special investments, etc.).
- Assist in editing and/or drafting of policies and procedures.
- Review workflows submitted by client teams that pertain to trust accounts to ensure accuracy and proper trust administration.
- Perform additional special projects, as needed (for example, review trusts for compliance with investment policies; review trust accounting system information for accuracy and remediate as necessary, assist with new technology initiatives within the Trust Administration group).
- Work with other departments as necessary to effectuate proper trust administration.
- College degree required; Law degree preferred.
- 2 years’ experience in personal trust administration.
- Knowledge of trust law.
- Excellent analytical skills and attention to detail.
- Working knowledge of basic income tax, estate tax, gift tax and GST tax.
- Highly motivated and a self-starter, able to work independently.
- Good interpersonal skills-ability to deal effectively with a wide variety of people.
- A team player.
- Excellent computer skills; proficiency with Microsoft Word and Excel.
- Ability to handle multiple competing priorities and organize tasks effectively.
- Excellent oral and written communication skills.