Senior Fiduciary Officer & Trust Administration Leader

B.F. Saul Company; Bethesda (MD); On-site; USD 180,000 - 220,000; Full time

Benefits offered by this job

Health Insurance (Medical, Dental, Vis

401(k) with company match

Paid time off

Bonus/Target Incentive

Tuition Reimbursement

In-house fitness center discounts

Dining center discounts

EAP

Referral bonus

Pre-tax transportation options

Plus more!

Job summary

Chevy Chase Trust in Bethesda, MD is seeking a Deputy Chief Fiduciary Officer to provide internal legal support for fiduciary appointments and oversee trust administration to meet regulatory and internal standards.

Reporting to the Chief Fiduciary Officer, you will review trust documents, supervise complex trusts (Irrevocable, Life Insurance, Special Need, SLATs, GST Exempt), work with attorneys and tax advisors, and guide compliance across Maryland, DC, and Virginia.

Qualifications

• 8-15 years' relevant experience in a law firm's trusts and estate or fiduciary litigation practice, a bank trust department or a trust company.
• Strong knowledge of estate planning, incapacity planning, and sophisticated wealth transfer strategies.
• Experience with probate administration and estate settlement process in Maryland/District of Columbia/Virginia (preferred).

Responsibilities

• Support the Chief Fiduciary Officer in all legal matters related to fiduciary appointments.
• Review governing documents for fiduciary risk as part of the pre-acceptance process.
• Review trust agreements for interpretation issues and conflicts; provide timely conclusions.
• Serve as a member of internal committees that oversee trust administration and discretionary trust distributions.
• Ensure consistent application of fiduciary standards across account types (trusts, estates, agency).
• Provide oversight for a portfolio of high-complexity trusts (Irrevocable Trusts, Life Insurance Trusts, Special Needs Trusts, SLATs, GST Exempt Trusts).
• Communicate directly with beneficiaries and clients concerning fiduciary administration matters.
• Participate in client meetings as a subject matter expert on trust and estate administration.
• Work closely with clients' attorneys and tax advisors to ensure proper administration.
• Provide oversight for estate and trust (post death) administrations in Maryland, District of Columbia and Virginia.
• Maintain deep expertise in fiduciary income tax; estate and gift tax considerations.
• Support the business development team by joining prospective client meetings involving corporate fiduciary opportunities.
• Support oversight of unique assets (closely held business interests, real estate, life insurance) in fiduciary accounts.
• Cultivate relationships with external referral sources and plan selective marketing events relevant to Chevy Chase Trust's role as a corporate fiduciary.
• Participate in regulatory exam readiness and responses for regulators and internal auditors.

Skills

Trusts & estates

Regulatory compliance

Legal research

Communication

Client relations

Confidentiality

Education

Juris Doctor (J.D.)

Bar admission (MD/DC/VA)

Job description

Chevy Chase Trust in Bethesda, MD is seeking a Deputy Chief Fiduciary Officer to provide internal legal support for fiduciary appointments and oversee trust administration to meet regulatory and internal standards.

Reporting to the Chief Fiduciary Officer, you will review trust documents, supervise complex trusts (Irrevocable, Life Insurance, Special Need, SLATs, GST Exempt), work with attorneys and tax advisors, and guide compliance across Maryland, DC, and Virginia.