Managing Trust Officer Job in Chicago 60631, Illinois Us
This is a great opportunity with a Fortune 500 Company.
Essential Duties and Responsibilities:
- Plans, assigns, monitors and manages the work of others.
- Reviews performance and evaluates results achieved by subordinates.
- Coaches and mentors subordinates
- Interprets, applies and recommends changes to organizational policies and procedures.
- Reviews progress of assignments with senior management.
- Balances conflicting resource and priority demands.
- Administers sophisticated and complex trusts in accordance with statutes and regulations.
- Participates in the complex income and estate/gift/GST tax planning and preparation process, performs such tax planning functions as may be appropriate and effectively explain tax matters to beneficiaries, Financial Advisors and other relevant parties.
- Interacts with Financial Advisors and clients in defining goals and objectives, working along with the investment officer to establish the appropriate asset allocation and to review and approve portfolio changes in trust involving more complex situations and/or assets.
- Interacts with beneficiaries, their advisors and Financial Advisors in the personal trust administration process.
- Participates as a voting member of the Administrative Committee.
- Exercises discretionary personal trust administrative authority as may be allowed by the Policies and Procedures.
- Assists New Business Development personnel and Financial Advisors in the sales process through personal meetings, conference calls and seminar events.
- Answers general Financial Advisor inquiries regarding estate planning, trust services, estate taxes and other relevant topics.
- Lead the work of others; coaches and mentors less experienced staff.
- Develops and maintains strong relationships across all levels of the organization.
- Reviews progress of assignments with executive leadership/management.
- Performs other duties and responsibilities as assigned.
March 10, 2011
• Tags: Illinois Us, Managing Trust Officer Job in Chicago 60631 • Posted in: General