SENIOR TRUST OFFICER
Company: Brown Brothers Harriman
Location: New York
Posted on: September 29, 2024
|
|
Job Description:
At BBH we value diverse backgrounds, so if your experience looks
a little different from what we've outlined and you think you can
bring value to the role, we will still welcome your
application!What You Can Expect At BBH:If you join BBH you will
find a collaborative environment that enables you to step outside
your role to add value wherever you can. You will have direct
access to clients, information and experts across all business
areas around the world. BBH will provide you with opportunities to
grow your expertise, take on new challenges, and reinvent
yourself-without leaving the firm. We encourage a culture of
inclusion that values each employee's unique perspective. We
provide a high-quality benefits program emphasizing good health,
financial security, and peace of mind. Ultimately we want you to
have rewarding work with the flexibility to enjoy personal and
family experiences at every career stage. Our BBH Cares program
offers volunteer opportunities to give back to your community and
help transform the lives of others.Join us as a Senior Trust
OfficerBrown Brothers Harriman is currently looking for a Senior
Trust Officer to join our National Trust Company in our New York
headquarters. - The New York Office consists of a team of 14
professionals that administer over $4 billion in trust assets for
ultra-high net worth clients for the Private Bank. - In this role,
you will be responsible for managing a book of sophisticated trust
relationships with the support of administrators, and you will work
closely with clients, prospects, advisers, and the relationship
management team to provide superior client service.Some of your key
responsibilities include: - -Trust AdministrationWork with wealth
planners and relationship management team to ensure the proper
administration of a book of sophisticated trust
accounts.Responsible for overseeing all aspects of trust
administration for a book of accounts, from account opening,
funding, distributions, investments, account closing, etc.Prepare
memos for discretionary actions (e.g., distributions, special
investments) and present to the Trust and Investment
CommitteeReview governing instruments (e.g., trusts, wills) and
prepare trust summaries as part of the initial review and
onboarding process; coordinate with client and advisers on
execution and funding of trust, including working with predecessor
trustees as applicableOversee all trust-related transactions (e.g.,
sales, loans), coordinating with the client and advisers to ensure
transaction documents are reviewed and approved internallyClient
Relationship ManagementServe as a trusted adviser to clients with
respect to trust mattersCommunicate regularly with grantors,
beneficiaries and co-trustees regarding planning, trust terms, and
solutions to address various issues or opportunities that present
during administrationLeadership and DevelopmentOversee trust
professionals who support a shared book of businessProvide guidance
to team on day-to-day trust administration responsibilitiesServe as
mentor and coach for team's career development goalsEnsures that
team is appropriately staffed with the required skillset to serve
book of trust businessQualifications10+ years of Trust
Administration experienceJD or other advanced degree,
preferredStrong working knowledge of trust law, the interpretation
and application of trust and estate provisions, and the legal
framework for trust administrationKnowledge of income tax, estate
tax, gift tax, and GST taxStrong oral and written communications
skillsSolutions orientedExcellent analytical and critical thinking
skills; is solutions-oriented and exercises independent
judgmentExcellent interpersonal skills and the ability to relate
with a variety of different peopleThrives in a team environment, is
collaborative and enjoys mentoring and developing othersThis role
is based in our New York City location and is a hybrid role, with
three days per week in office.We are an equal opportunity employer
and all qualified applicants will receive consideration for
employment without regard to race, color, religion, gender,
national origin, age, genetic information, creed, marital status,
sexual orientation, gender identity, disability status, protected
veteran status, or any other protected status under federal, state
or local law.Salary Range$150k - $170k base salary + annual
bonusBBH's compensation program includes base salary, discretionary
bonuses, and profit-sharing. The anticipated base salary range(s)
shown above are only for the indicated location(s) and may differ
in other locations due to cost of living and labor considerations.
Base salaries may vary based on factors such as skill, experience
and qualification for the role. BBH's total rewards package
recognizes your contributions with more than just a
paycheck-providing you with benefits that enhance your experience
at BBH from long-term savings, healthcare, and income protection to
professional development opportunities and time off, our programs
support your overall well-being. -SummaryLocation: New YorkType:
Full time
Keywords: Brown Brothers Harriman, New York , SENIOR TRUST OFFICER, Other , New York, New York
Click
here to apply!
|