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Immediate Job Opportunity
WHAT IS THE OPPORTUNITY?
This position is responsible for the administration and distribution of estate/trust assets held within an administrative trust or probate. The Sr. Estate Settlement Officer facilitates family meetings, identifies, collects and values assets, pays claims and expenses, coordinates the preparation of estate and other required returns; and oversees the distribution of assets. This position may oversee other estate administration support staff.
Private Banking Division
As a member of City National's Private Banking group, you will help deliver tailored financial solutions to high- and ultra-high-net-worth families, select professional services firms and select nonprofits. Exceptional, customized service and integrated solutions and strategies, investment management, trust and wealth planning set this team apart.
WHAT WILL YOU DO?
Manage the larger, more complex probate estates and deceased grantor trusts.
Increase estate revenue by developing and maintaining partnerships with internal Trust Team, Private Bankers, and through referrals from other business lines. Participate in business development and sales activities offering Estate Settlement expertise.
Coordinate communication between clients, external attorneys and with internal business partners (Tax, Compliance, Real Estate), to ensure accurate, timely, and efficient administration and to manage business risk.
Build and maintain relationships with external business partners (Attorneys and CPAs) and other organizations to promote awareness of Estate Settlement Services.
Oversees a book of business and serves as the primary resource for communication to assigned accounts.
WHAT DO YOU NEED TO SUCCEED
6 years of experience in trust administration
6 years of experience in a financial or legal services organization
Skills and Knowledge
Completion of Trust Certificate and/or CTFA preferred
Minimum of 6-8 years personal trust/estate settlement/investment related experience
6 -8 years of experience in a financial or legal services organization
Advanced degree and/or certifications preferred
Has comprehensive knowledge of estate settlement, gifting, income, estate and generation skipping taxation and trusts (revocable and irrevocable).
Knowledgeable about banking products, financial planning and insurance services.
Excellent interpersonal and technical skills
Demonstrates excellent oral, written, and presentation skills
Exceptional organizational skills
Computer proficiency in Word and Excel
JD, LLM or other legal designation/degree preferred
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
Company is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.
ABOUT CITY NATIONAL
We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. Company was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.