Wealth Management Solutions, Trust and Estates, Trust Officer VP - Newark, DE
Overview
- . Morgan is a leading global financial services firm with over 170 years of experience in serving as a corporate fiduciary for families.
- As a Trust Officer VP in Wealth Management Solutions, Trust & Estates, you will be an integral part of our Global Trusts & Estates Practice, overseeing the administration of trusts and developing relationships with beneficiaries and advisors.
- This role requires a minimum of 7 years of relevant experience in the Trust business, either at a corporate fiduciary or a law firm, and a comprehensive knowledge of trust law, gifting techniques, and taxation.
Responsibilities
- Analyze trust documents for legal, tax, administrative and investment issues and coordinate delivery of services.
- Make recommendations regarding the exercise of discretionary powers as trustee.
- Oversee investment decisions and work with investors to ensure the trust's investment objective is appropriate for the needs of the trust and applicable fiduciary law.
- Work with Tax Officers and trust counsel to resolve tax issues.
- Develop relationships with beneficiaries and advisors to have a thorough understanding of the grantor's purposes and meet the needs of the beneficiaries.
- Partner with Wealth Advisors for new trust business and cross-selling of JPM products/services.
- Cross-sell JPM products/services and develop strategies for increasing business with current clients.
Qualifications
- Bachelor's Degree required.
- In-depth knowledge of fiduciary products and services, including legal, tax, and regulatory requirements.
- Minimum of 7 years of relevant experience in the Trust business.
- Comprehensive knowledge of trust law, gifting techniques, and taxation.
- MBA or other advanced degree preferred.
Benefits
- Competitive total rewards package, including base salary and commission-based pay.
- Range of benefits and programs, including comprehensive healthcare coverage, retirement savings plan, mental health support, and more.
- Equal opportunity employer with a high value on diversity and inclusion.
About . Morgan
- One of the oldest financial institutions with over 200 years of history.
- Offers innovative financial solutions to millions of consumers, small businesses, and prominent corporate, institutional, and government clients.
- A leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing, and asset management.
About . Morgan Asset & Wealth Management
- Delivers industry-leading investment management and private banking solutions.
- Asset Management provides strategies and expertise across all asset classes.
- Wealth Management helps individuals, families, and foundations take a more intentional approach to their wealth or finances.
