Trust Officer
Trust Officer
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Job Description
FIRM OVERVIEW:
Laurel Trust Company is a retail trust company in Reno Nevada serving as a corporate trustee and providing fiduciary services for ultrahigh networth clients. Laurel Trust is an affiliate of Hall Capital Partners which has a 20 year record of building and managing global investment portfolios and has established a strong reputation as a successful investor and partner. Laurel Trusts culture is focused on integrity exemplary client service and fulfillment of its fiduciary duties.
Laurel Trust is committed to attracting retaining engaging and developing a pool of talent that is diverse along many dimensions. We seek to leverage these diverse experiences backgrounds and viewpoints to best serve the needs of our clients.
POSITION TITLE: Trust Officer
A successful person in this role will demonstrate their technical strengths and contribute to the Laurel Trust team in the daytoday client operations without any requirement or expectation for client development. The role requires great attention to detail to comply with all policies procedures and trust accounting practices. Laurel Trust is looking for a highly organized energetic professional that aligns with our strong internal customer service culture. This is an excellent opportunity to continue building a career as part of an organization whose values of RESULTS INTENSITY TRANSPARENCY AND CREATIVITY speak to the culture of our organization. This role reports directly to the President.
RESPONSIBILITIES OVERVIEW:
- Work directly with the Presidentto support him in fiduciary decisions and client relationship responsibilities.
- Provide administration of trust accounts in adherence with trust instruments governing documents of related entities and Laurel Trusts policies and procedures.
- Assemble and review new account preacceptance materials including trust instruments portfolio holdings partnership agreements KYC information and trust accounting records.
- Review and execute cash transfers investment actions market value updates beneficiary distributions and other trust accounting transactions.
- Prepare annual account administrative reviews.
- Prepare and review meeting materials for the Trust Investment and Distribution Committees.
- Effectively manage multiple ongoing projects and successfully prioritize multiple tasks with good judgment and follow up with the President.
- Communicate and coordinate with external client advisors including investment advisers accountants attorneys and family offices.
- Adhere to all compliance procedures and reinforce a strong compliance culture with the team.
- Actively suggest improvements to procedures and policies.
- Other duties as the needs of the office evolve.
REQUIRED QUALIFICATIONS:
- 5 years of trust administration or planning experience with a focus on worldclass service for high networth clients $1MM level clientele).
- College graduate with additional certification/credential required (i.e. JD /MBA/CTFA/CFP/CFA).
- Technically strong with demonstrated experience with sophisticated trust and asset structures.
- Demonstrated experience of providing thoughtful client solutions.
- Flexible and receptive to contribute in a variety of ways that often arise in a small office environment that may not correlate to the candidates technical skillset.
- Motivated selfstarter with the ability to work independently.
- Aptitude for utilizing technology to drive efficiency and effectiveness.
- Discretion and respect for confidential matters.
- Flexible and willing to work extended hours as needed.
- Detailoriented and possess excellent organizational skills.
- Strong work ethic.
- Excellent verbal and written communication skills including the ability to interact with varied audiences.
PREFERRED QUALIFICATIONS:
- Experience with ultrahigh net worth multigenerational $50MM families with complicated assets and sophisticated trust structures.
- Juris Doctorate.
- Bachelors degree in Accounting Finance or Economics.
- Tax planning or return preparation experience.
PERSONAL ATTRIBUTES:
- Professional.
- Accountable and values the importance of getting it right.
- Consistent and strong followup skills.
- Effective communicator.
- Intellectually curious.
- Selfmotivated and eager to learn.
- Solutionsoriented.
- Detailoriented.
- Able to problemsolve.
- Acts with integrity.
- Energetic creative and positive.
- Collaborative and flexible.
- Uses good judgment.
- Respectful resilient and patient.
OTHER REQUIREMENTS:
This position will require the individual to authorize a personal background check with the Nevada Financial Institutions Division.
This job requires the employee to sit for approximately 67 hours a day and use a keyboard and mouse for repetitive motion. There will be >15 lbs. to lift push or pull in this job.
APPLICATION AND INTERVIEW DETAILS:
Selected applicants should expect two video conference interviews. Finalists will be invited to a final interview in person at the Reno Nevada office. Please provide your resume and cover letter and send it via email to .
Required Experience:
Senior IC
Employment Type
Full-Time
