Overview
PARALEGAL - TRUST & ESTATE ADMINISTRATOR
The Preferred Legacy National Trust Bank, a network of professionals that provide a tailored approach to trust and estate administration, investment management oversight, family planning and advisory services, family stewardship and philanthropy, and household finance management. Further executing your strategy by way of our relationships with you and your trusted team of advisors, we can address everything from business planning to real estate advisory services. Whether it be charitable gift giving, or private investment strategy, The Preferred Legacy National Trust is committed to knowing and understanding your family and business dynamics in order to scale our breadth of services to meet the goals of each individual and family.
The Trust & Estate Administrator is responsible for overseeing the administration of fiduciary accounts, including discretionary and non-discretionary assigned trusts and estates within the company, while maintaining strong relationships with beneficiaries, grantors, and professional advisors. will support the VP, Senior Wealth Strategist, in establishing administrative duties of all trusts assigned. The Administrator also ensures compliance with trust documents and works closely with the Compliance and Operations team on trust and estate matters.
Essential Functions
Administer assigned client relationships and various types of accounts
Serve as secondary point of contact for clients
Assist in the interpretation of trust instruments
Oversee trust funding and asset movements
Review and process distribution requests
Prepare discretionary distribution documentation
Ensure income vs. principal accuracy
Maintain and organize all records and trust files to ensure proper record-keeping in order to comply with all trust documents and regulations
Manage conflict resolution and sensitive family dynamics
Assist with audits and identification of fiduciary risks
Support process improvements
Monitor deadlines and compliance obligations
Directly report to and collaborate with VP, Senior Wealth Strategists and Relationship Officers on trust and estate matters
Support Relationship Manager on new business generation
Adhere to all relevant regulations, including USA Patriot Act and Anti-Money Laundering Program
Identify and resolve issues by comparing account information to system reports
Qualifications
3-5 years of experience in trust & estate
Understanding of trust accounting and how to administer sophisticated trusts
High level understanding of estate planning
Must possess excellent written and oral communication skills
Ability to utilize Microsoft Office and trust accounting software
Ability to maintain a positive and professional work environment
Maintain strict confidentiality as well as digital/physical security
Demonstrate the ability to recognize, evaluate, and resolve/escalate problems
Ability to work independently with little to no supervision when needed and able to manage multiple tasks
Must be open to performance improvement and coaching
Open to occasional travel when necessary
Applicants m
ust be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. CRI will not sponsor applicants for U.S. work visa status for this position or future positions (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Benefits Preferred Legacy Trust offers a generous benefits package that includes 21 PTO days, 9 paid holidays, and company-paid long-term disability and life insurance. Employees also have access to Blue Cross Blue Shield medical insurance, as well as dental, vision, and short-term disability coverage. Additional benefits include parental leave, flexible spending accounts, and a 401(k) retirement plan.
#J-18808-Ljbffr
The Preferred Legacy National Trust Bank, a network of professionals that provide a tailored approach to trust and estate administration, investment management oversight, family planning and advisory services, family stewardship and philanthropy, and household finance management. Further executing your strategy by way of our relationships with you and your trusted team of advisors, we can address everything from business planning to real estate advisory services. Whether it be charitable gift giving, or private investment strategy, The Preferred Legacy National Trust is committed to knowing and understanding your family and business dynamics in order to scale our breadth of services to meet the goals of each individual and family.
The Trust & Estate Administrator is responsible for overseeing the administration of fiduciary accounts, including discretionary and non-discretionary assigned trusts and estates within the company, while maintaining strong relationships with beneficiaries, grantors, and professional advisors. will support the VP, Senior Wealth Strategist, in establishing administrative duties of all trusts assigned. The Administrator also ensures compliance with trust documents and works closely with the Compliance and Operations team on trust and estate matters.
Essential Functions
Administer assigned client relationships and various types of accounts
Serve as secondary point of contact for clients
Assist in the interpretation of trust instruments
Oversee trust funding and asset movements
Review and process distribution requests
Prepare discretionary distribution documentation
Ensure income vs. principal accuracy
Maintain and organize all records and trust files to ensure proper record-keeping in order to comply with all trust documents and regulations
Manage conflict resolution and sensitive family dynamics
Assist with audits and identification of fiduciary risks
Support process improvements
Monitor deadlines and compliance obligations
Directly report to and collaborate with VP, Senior Wealth Strategists and Relationship Officers on trust and estate matters
Support Relationship Manager on new business generation
Adhere to all relevant regulations, including USA Patriot Act and Anti-Money Laundering Program
Identify and resolve issues by comparing account information to system reports
Qualifications
3-5 years of experience in trust & estate
Understanding of trust accounting and how to administer sophisticated trusts
High level understanding of estate planning
Must possess excellent written and oral communication skills
Ability to utilize Microsoft Office and trust accounting software
Ability to maintain a positive and professional work environment
Maintain strict confidentiality as well as digital/physical security
Demonstrate the ability to recognize, evaluate, and resolve/escalate problems
Ability to work independently with little to no supervision when needed and able to manage multiple tasks
Must be open to performance improvement and coaching
Open to occasional travel when necessary
Applicants m
ust be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. CRI will not sponsor applicants for U.S. work visa status for this position or future positions (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Benefits Preferred Legacy Trust offers a generous benefits package that includes 21 PTO days, 9 paid holidays, and company-paid long-term disability and life insurance. Employees also have access to Blue Cross Blue Shield medical insurance, as well as dental, vision, and short-term disability coverage. Additional benefits include parental leave, flexible spending accounts, and a 401(k) retirement plan.
#J-18808-Ljbffr