Senior Trust Officer - Wealth Management

Montecito Bank & Trust; Montecito (CA); On-site; USD 118,000 - 158,000; Full time

Benefits offered by this job

401K Matching/Retirement Planning

Bank Gatherings, Events, & Associate 6

Competitive Pay

Job summary

Montecito Bank & Trust in Montecito, CA is seeking a full-time Trust Officer in our Wealth Management department. You will apply fiduciary expertise to serve high-net-worth clients, manage various trusts, and collaborate with Relationship Managers as needed.

The role focuses on trust administration, real estate assets, and wealth planning, with a strong emphasis on regulatory compliance, client service, and proactive wealth management discussions.

Qualifications

• 5-8 years of financial services industry experience required.
• 5-8 years of experience in trust administration preferred.
• CTFA or CFP designation preferred.

Responsibilities

• Manage revocable, irrevocable, testamentary, probate, charitable remainder, life insurance, guardianship, and death administration trusts as directed in governing documents.
• Identify wealth management issues with clients, underwrite/accept new accounts, administer, terminate and distribute complex accounts.
• Oversee trust real estate management per policies including inspections, appraisals, insurance, property taxes and third-party management.
• Provide support for Senior Trust Officers and Fiduciary Trust Manager as needed.
• Identify legal and regulatory risks to non-compliance and refer issues to legal or compliance experts.
• Prepare Reg 9 and Administrative Reviews for accounts in assigned portfolios; may serve on Trust Audit Committee.
• Adhere to privacy, information security policies, bank policies, and relevant laws; perform other duties.

Education

CTFA or CFP designation

Job description

Montecito Bank & Trust in Montecito, CA is seeking a full-time Trust Officer in our Wealth Management department. You will apply fiduciary expertise to serve high-net-worth clients, manage various trusts, and collaborate with Relationship Managers as needed.

The role focuses on trust administration, real estate assets, and wealth planning, with a strong emphasis on regulatory compliance, client service, and proactive wealth management discussions.