Associate Trust Officer

CIBC Trust Corporation; Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A financial institution in Toronto is looking for an Associate Trust Officer to manage accounts for estates, trusts, and powers of attorney. You will collaborate with a specialized team, ensuring compliance with trust policies and enhancing client relationships. Candidates should have 1-3 years of experience in the estate and trust industry, along with effective communication skills and analytical abilities. This role offers competitive benefits and a supportive work environment.

Benefits

Competitive salary

Defined benefit pension plan

Employee share purchase plan

Paid development day

Qualifications

• 1-3 years of experience in Estate & Trust industry.
• Detailed knowledge of accounting and investing for estate, trust, and Power of Attorney accounts.
• Certification such as MTI or TEP is an asset.

Responsibilities

• Manage and administrate accounts for Estates, Trusts, and Powers of Attorney.
• Identify and mitigate account risks while adhering to trust policies.
• Develop strong partnerships with clients and stakeholders.

Skills

Analytical Thinking

Communication

Customer Experience (CX)

Estate Accounts

Power of Attorney (POA)

Trust Services

Work Collaboratively

Job description

Were building a relationship-oriented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats right for our clients.

At CIBC we embrace your strengths and your ambitions so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC please visit

What Youll Be Doing

As the Associate Trust Officer, you will be responsible for the ongoing account management and administration of Estates Trusts and Powers of Attorney. This involves partnering with a specialized team of professionals within Wealth Management dedicated to working with Estates Trusts and Powers of Attorney. Your primary accountability includes the timely, accurate, and professional administration of estate, trust, and power of attorney accounts. You will identify and mitigate account risks while adhering to all CIBC Trust Policies & Procedures, including cash management, fee collection, account opening, etc.

At CIBC, we enable the most optimal work environment for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed during your interview.

How Youll Succeed

Collaboration - Develop and maintain strong partnerships with clients/beneficiaries to provide excellent service. Effective communication ensures all parties are informed of key activities, milestones, and deliverables. Partner with internal experts from Investment Management and Tax Departments for oversight and guidance. Supervise account investments to ensure they align with objectives, documents, and legislation.

Trust & Estate Acumen - Ensure onboarding and account management meet clients' needs, considering estate and trust characteristics. Establish effective tracking, monitoring, and compliance. Assist in developing standards and vetting policies. Improve account administration processes.

Coaching and Mentoring - Foster a positive work environment, champion CIBC’s mission, vision, and values. Ensure policy compliance through fair and consistent application of standards.

Who You Are

You have 1-3 years of experience in Estate & Trust industry, with detailed knowledge of accounting and investing sufficient for estate, trust, and Power of Attorney accounts. Certification such as MTI or TEP is an asset. You influence through relationships, enjoy analyzing complex data, and communicate effectively. You are motivated to succeed, value trust, teamwork, and accountability.

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What CIBC Offers

We prioritize your goals, starting from your strengths and ambitions. We offer a competitive salary, incentive pay, banking benefits, a defined benefit pension plan, employee share purchase plan, vacation, wellbeing support, and MomentMakers recognition program. Our spaces and technology foster innovation. We support your growth with initiatives like Purpose Day, a paid day off for development.

Subject to plan and program terms and conditions.

What you need to know

CIBC is committed to an inclusive environment. We seek applicants with diverse abilities and provide accessible experiences. If you need accommodations, please contact us. You must be legally eligible to work in the specified location(s) with a valid work or study permit. We may ask you to complete assessments or tests to learn more about your skills and give you insight into our process.

Job Location: Toronto, 81 Bay, 11th Floor

Employment Type: Regular

Weekly Hours: 37.5

Skills

Analytical Thinking, Communication, Customer Experience (CX), Estate Accounts, Power of Attorney (POA), Trust Services, Work Collaboratively

Required Experience: 1-3 years

Key Skills: CCTV, Airport Security, Analysis, Higher Education, Jewelry, Jboss

Vacancy: 1