Fiduciary Manager

Boston Private; San Mateo (CA); On-site; USD 95,000 - 125,000; Full time

Job summary

Boston Private is seeking a Fiduciary Manager in San Mateo, California. In this role, you will lead a team of Trust Officers, oversee trust administration, and engage with financial communities to enhance visibility.

The ideal candidate will have at least 10 years of experience with trust matters and 5 years managing a team. A Bachelor's degree is required, and graduate credentials (J.D., LLM) are preferred, along with CFP® and CTFA designations.

Strong interpersonal skills and an understanding of regulatory compliance are essential for this role.

Qualifications

• 10+ years of experience with trust matters.
• 5+ years managing a team of Trust & Estate professionals.
• Ability to travel for client meetings.

Responsibilities

• Oversee and manage Trust relationship administration.
• Train and develop a regional team of Trust Officers.
• Engage with local estate and financial planning communities.
• Manage a portfolio of trust relationships.

Skills

Team management and development

Trust and fiduciary services

Interpersonal skills

Regulatory compliance

Education

Bachelor’s degree

Graduate work including J.D. and LLM

Certified Financial Planner (CFP)

Certified Trust and Fiduciary Advisor (CTFA)

Job description

Boston Private is a leading wealth management, trust, and private banking company with a national presence. Headquartered in Boston, we serve clients from our offices located in the major markets of Boston, San Francisco, San Jose, Los Angeles and Palm Beach.

We’re committed to building a trusted relationship with each client and have the broad expertise to create comprehensive, custom solutions for their personal and business needs that are often interconnected.

As wealth creators, our clients value having one trusted resource that can help them address all of their wealth management, trust, and private banking needs.

Job Description

Reporting to the National Director of Trust & Fiduciary Services, the Fiduciary Manager will take a leadership role as a “Player / Coach” in training and developing T&FS staff as well as overseeing and managing all aspects of Trust relationship administration under the supervision of the National Director of Trust & Fiduciary Services and/or Chief Fiduciary Officer; including identifying and assisting in the opening of new business, administration, and closing of trusts as helpful and required.

Qualifications

The Fiduciary Manager will serve in a supervisory capacity – managing, training and developing a regional team of Trust Officers while fostering a strong team oriented, positive culture.

The Fiduciary Manager will also be the regional liaison with Boston Private Wealth and will be responsible for building a strong relationship between Trust Officers and Client Advisors. In this regard, may have a reporting line (dotted) to regional head of the Wealth business.

The Fiduciary Manager will engage the local estate and financial planning communities to ensure favorable visibility of the Bank and its trust and fiduciary capabilities.

The Fiduciary Manager will manage a portfolio of trust relationships including all aspects of opening, administering, and closing of trust and fiduciary business.

The Fiduciary Manager will serve as a role model and mentor to the Trust Officers & Trust Assistants within the team.

The Fiduciary Manager will serve as a resource for other areas of the Bank with regard to Trust & Fiduciary issues as they may arise and may be called upon to assist with Bank and Trust & Fiduciary Services marketing efforts, including articles and presentations.

The Fiduciary Manager will understand the nuances of the discretionary review process and participate in such evaluations.

The Fiduciary Manager will complete all necessary regulatory reporting regarding accounts including but not limited to Initial and Annual Administrative and Investment Review monitoring.

The Fiduciary Manager will be responsible for identifying and reporting compliance / risk-related matters to the National Director and Chief Fiduciary Officer within Trust & Fiduciary Services as well as assisting with the management and mitigation of risk. This should include potential and actual complaints, threatened and actual claims of litigation.

The Fiduciary Manager will identify and elevate opportunities for process improvement.

The Fiduciary Manager will engage the Sales Professionals and Assistants to assist in the evaluation and acceptance of new business.

Effectively
represents the firm at internal and external industry events

Personal compliance
with all industry rules and regulations and firm policies

Other duties as
assigned

Minimum Qualifications

• Bachelor’s degree from an accredited college or university required.
• Graduate work including J.D. and LLM or similar preferred.
• Additional educational certifications such as CFP®, CTFA preferred.
• At least 10 years of experience working directly with settlors and beneficiaries on trust matters.
• At least 5 years of experience managing a team ofTrust & Estate professionals including demonstrated ability to delegate, develop and effectively problem solve
• Deep understanding of the role of fiduciaries and delivery of trust and fiduciary services.
• Ability to travel for client meetings
• Demonstrated interpersonal skills suggesting ability to enhance the Bank’s Trust business—both internally and externally.

Additional Information

All your information will be kept confidential according to EEO guidelines.