Trust Officer - Raymond James Trust N/A

310 Raymond James Trust, National Association; Saint Petersburg (FL); Hybrid; USD 95,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, and vision

Life insurance

Critical illness and accident coverage

Disability benefits

Retirement savings

Paid time off including vacation

Job summary

Raymond James in Saint Petersburg, FL seeks a personal trust administrator to manage trusts, oversee tax planning, and advise clients and advisors on fiduciary matters. You will work with investment officers to define asset strategies and review portfolio changes, while supporting business development efforts.

The role requires a solid accounting/finance background, knowledge of trust regulations, and strong communication skills. Hybrid work and comprehensive benefits are offered.

Qualifications

• Bachelor’s degree in Accounting.
• Bachelor’s degree in Business Administration.
• Bachelor’s degree in Finance.
• General Experience - 3 to 6 years.

Responsibilities

• Administers trusts in accordance with statutes and regulations.
• Participates in income tax planning and preparation; explains tax matters to beneficiaries and advisors.
• Interacts with Financial Advisors and clients to define goals and establish asset allocation.
• Mentors and coaches staff while coordinating with executives.

Skills

Personal trust administration

Interpersonal skills

Public speaking

Written and verbal communication

Ethical standards

Education

Accounting

Business Administration

Finance

Tools

Trust accounting software

Job description

Job Description Summary

Under administrative direction uses specialized knowledge and skills obtained through experience, specialized training or certification to administer personal trust accounts. Leads defined work or projects of broad scope and complexity. Resolves or recommends solutions to complex problems. Regular contact with senior management and other internal customers is required to identify, research, and resolve accounting issues and provide comprehensive solutions to complex problems or needs.

Essential Duties and Responsibilities

Administers trusts in accordance with statutes and regulations. Participates in the income tax planning and preparation process, performs such tax planning functions as may be appropriate and effectively explain tax matters to beneficiaries, Financial Advisors and other relevant parties. Interacts with Financial Advisors and clients in defining goals and objectives, working along with the investment officer to establish the appropriate asset allocation and to review and approve portfolio changes. Interacts with beneficiaries, their advisors and Financial Advisors in the personal trust administration process. May participate as a voting member of the Administrative Committee. Exercises discretionary personal trust administrative authority as may be allowed by the Policies and Procedures. Assists New Business Development personnel and Financial Advisors in the sales process through personal meetings, conference calls and seminar events. Answers general Financial Advisor inquiries regarding estate planning, trust services, estate taxes and other relevant topics. May lead the work of others; coaches and mentors less experienced staff. Develops and maintains strong relationships across all levels of the organization. Reviews progress of assignments with executive leadership/management. Performs other duties and responsibilities as assigned.

Knowledge of

• Understanding of IRA regulations and Inherited IRA administration.
• Basic supervisory principals.
• Trust Code of Florida or other applicable states.
• Finance and Accounting.
• Basic concepts, practices and procedures of income tax planning and preparation process.
• Basic concepts, principles and practices of Fiduciary laws and principles sufficient to administer personal trusts
• Fundamental investment concepts, practices and procedures used in the securities industry.
• Principles of banking and finance and securities industry operations.
• Financial markets, products, financial advisory function and investment process.

Skill in

• Personal trust administration.
• Strong interpersonal and leadership skills to provide a high level of customer service.
• Cultivating and maintaining effective working relationships at all levels of the organization.
• Excellent public presentation skills.
• Outstanding oral and written communication skills.
• Demonstrate uncompromising adherence to ethical principles.
• Operating standard office equipment and ability to learn software applications including computer based trust accounting systems and other common estate planning software programs.

Education

• Bachelor’s - Completed: Accounting
• Bachelor’s - Completed: Business Administration
• Bachelor’s - Completed: Finance

Work Experience

General Experience - 3 to 6 years

Certifications

Certifications

Travel

Less than 25%

Workstyle

Hybrid

Total Compensation

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions.

Benefits

• medical, dental, and vision
• life insurance
• critical illness insurance and accident insurance
• disability benefits
• retirement savings
• paid time off (including vacation, holidays, and sick leave)
• parental leave

Eligibility for benefits and specific offerings may vary based on position and employment status.

To view more details of the benefits offered, visit Myrjbenefits.com.

Company Culture

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive.

The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

#LI-AT1 Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities.

Founded in 1962 in St. Petersburg, Florida, rather than on Wall Street, we have always embraced being a different kind of financial services firm.

Today, Raymond James has locations and subsidiaries across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF.

Thanks for your interest in working with Raymond James. While we might not have the perfect role for you today, we'd love to keep in touch.

Our business is deeply focused on people and their financial well-being.

We're committed to helping individuals, corporations and institutions achieve their goals, while also supporting successful professionals and helping our communities prosper.

We believe doing well and doing good aren't mutually exclusive.

As an established but ever-evolving company, you can start – or continue – growing your career here.

We invest in you with wide-ranging benefits and the support of leaders and colleagues who care.

From development opportunities and enriching networking groups to prioritizing diversity, inclusion and the power of different perspectives, Raymond James is where good people grow.

Our people-first culture is outlined in our Culture Blueprint. Check it out to see why many choose to work at Raymond James – and why they stay.