VP Trusts & Estates Officer — Wealth Management Leader

Testing Site - JPMC; Newark (DE); On-site; USD 140,000 - 210,000; Full time

Job summary

JPMorgan Chase's Global Trusts & Estates Practice is seeking a Trust Officer VP in Wealth Management Solutions to oversee the administration of trusts, analyze trust documents for legal, tax, administrative and investment issues, and develop relationships with beneficiaries and advisors.

You will also partner with Wealth Advisors for new trust business and cross-selling JPM products/services, upholding fiduciary duties and delivering superior client services.

Qualifications

• Bachelor’s Degree required.
• Minimum of 7 years of relevant experience focused in the Trust business; either at a corporate fiduciary or a law firm
• Comprehensive knowledge of trust law, gifting techniques, income, transfer, and generation skipping taxation, with ability to apply that knowledge to client specific planning exercises and account administration

Responsibilities

• Analyze trust documents for legal, tax, administrative and investment issues and coordinate delivery of services
• Make recommendations regarding how the Bank shall exercise discretionary powers it has as trustee
• Oversee investment decisions, including working with investors to ensure that the trust's investment objective is appropriate for the needs of the trust and applicable fiduciary law and that the trust is invested in accordance with its investment guidelines (Mandate)
• Work with Tax Officers and trust counsel to resolve tax issues
• Address questions raised by beneficiaries, co-trustees and their advisors
• Work in a team-based environment
• Develop relationships with beneficiaries and advisors to carry out the grantor's purposes and meet the needs of the beneficiaries; maintain current information on beneficiaries and changing needs
• Partner with Wealth Advisors for vetting and pricing of new trust business, including understanding purposes, risks, and client expectations
• Cross-selling of JPM products/services; maintain and develop strategies for increasing business with current clients; advisor cultivation

Skills

Fiduciary knowledge

Client relationship management

Trust administration

Regulatory compliance

Education

Bachelor’s Degree

MBA or JD preferred

Tools

Investment Systems

Job description

JPMorgan Chase's Global Trusts & Estates Practice is seeking a Trust Officer VP in Wealth Management Solutions to oversee the administration of trusts, analyze trust documents for legal, tax, administrative and investment issues, and develop relationships with beneficiaries and advisors.

You will also partner with Wealth Advisors for new trust business and cross-selling JPM products/services, upholding fiduciary duties and delivering superior client services.