Associate Trust Officer

CIBC Trust Corporation; Toronto; On-site; CAD 100,000 - 125,000; Full time

Job summary

A leading financial institution in Toronto is looking for an Associate Trust Officer to manage estate trust and power of attorney accounts. The ideal candidate will have 1 to 3 years of experience in the Estate & Trust industry, a strong understanding of accounting, and will facilitate collaboration with clients and internal experts. This role offers a competitive salary and comprehensive benefits including a defined pension plan and personalized development opportunities.

Benefits

Defined benefit pension plan

Employee share purchase plan

Vacation offering

Wellbeing support

Recognition program

Qualifications

• 1 - 3 years of experience in the Estate & Trust Industry.
• Detailed knowledge of accounting and investing for administering Estate Trust accounts.
• Certified professional (MTI or TEP designation is an asset).

Responsibilities

• Manage accounts for Estates Trusts and Powers of Attorney.
• Ensure timely and accurate administration of accounts.
• Collaborate with internal and external experts for oversight and guidance.

Skills

Analytical Thinking

Communication

Customer Experience (CX)

Estate Accounts

Power of Attorney (POA)

Trust Services

Work Collaboratively

Education

Experience in the Estate & Trust Industry

Certification (MTI or TEP)

Job description

What You'll 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. Primary accountability for 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 and account opening.

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

How You'll Succeed

• Collaboration - Develop and maintain a strong partnership with the clients / beneficiaries in order to provide excellent client service. Effective and open communication is critical to ensure parties are informed of key activities milestones and deliverables. Partner effectively with internal experts from the Investment Management and Tax Department to provide oversight and guidance on client investment and tax issues. Engages external professionals as required. Supervises account investments to ensure consistency with account objectives cons tituting documents and legislation.
• Trust & Estate Acumen - Ensure the onboarding and account management aligns with the unique needs of clients and the characteristics of Estates and Trust. Establish effective tracking monitoring and compliance with the governing documents and responsible for the resolution of all operational, technical and discretionary issues encountered in the management of the accounts. Assist in developing standards in administration and vetting new and/or changes to policies and procedures. Optimizes account administration by identifying and implementing process improvements.
• Coaching and Mentoring - Create a positive work environment and be an effective role model by championing CIBC's mission vision and values. Ensure compliance with policies standards guidelines and controls by applying the policies and controls fairly and consistently.

Who You Are

• You can demonstrate 1 - 3 years of experience in the Estate & Trust Industry. A detailed knowledge of accounting and investing sufficient to administer Estate Trust and Power of Attorney Accounts.
• You're a certified professional. It is an asset if you have obtained or are in the process of obtaining the Member Trust Institute (MTI) and/or Trust and Estate Practitioner (TEP) designation(s).
• Your influence makes an impact. You know that relationships and networks are essential to success. You inspire outcomes by making yourself heard.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.
• You’re driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.
• Values matter to you. You bring your real self to work and you live our values trust teamwork and accountability.

What CIBC Offers

At CIBC your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career rather than just a paycheck.

We work to recognize you in meaningful personalized ways including a competitive salary incentive pay banking benefits a benefits program.

• defined benefit pension plan
• an employee share purchase plan a vacation offering wellbeing support and MomentMakers our social points-based recognition program.

Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

Subject to plan and program terms and conditions

What you need to know

CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation please contact

You need to be legally eligible to work at the location(s) specified above and where applicable must have a valid work or study permit.

We may ask you to complete an attribute-based assessment and other skills tests (such as simulation coding French proficiency MS Office). Our goal for the application process is to get to know more about you and all that you have to offer and give you the opportunity to learn more about us.

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