Assistant Vice President, Trust Officer
LPL Financial
full-time
Posted on:
Location Type: Remote
Location: Remote • Nevada, Ohio, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $85,988 - $143,313 per year
Job Level
Lead
About the role
- Serve as the trust administrator for designated clients and provide day-to-day client management
- Mentor, coach and supervise trust specialists in trust administration tasks
- Prepare summaries and recommendations for discretionary actions and communicate with trustees, beneficiaries and financial advisors
- Administer special assets and conduct annual trust reviews ensuring fiduciary standards are observed
- Perform daily administration for trust and investment accounts including transaction management/execution, overdraft and tax lot management, account set-up/funding review and account termination
- Consult with Trust Administration Committee, Trust Counsel, beneficiaries, outside trustees, financial advisors, attorneys and CPAs
- Analyze and interpret relevant legal documents in relation to clients’ estate, tax and financial plans
- Manage financial advisor and client relationships for moderately complex to complex relationships and resolve client issues
- Participate in special projects and collaborate across the firm to enhance best practices and initiatives
- Communicate fiduciary, tax, legal, administrative and investment matters to clients and partners
Requirements
- Bachelor’s degree preferred
- Advanced degree/certification preferred
- Five years’ experience in trust administration, preferably with a broker-dealer or in a traditional bank/trust company
- Knowledge of financial planning, philanthropic planning and fiduciary law
- Strong verbal and written communication skills preferred
- Detail-oriented, especially with trust administration, tax and investment requirements
- Strong use of Microsoft Office and ability to adapt to trust, and tax accounting applications
- Strong organizational skills
- Understanding of asset classes, allocation, risk and Prudent Investor standards
- Ability to analyze and interpret legal documents including wills, trusts, agreements and entity documents
Benefits
- 401K matching
- Health benefits
- Employee stock options
- Paid time off
- Volunteer time off
- Competitive LPL Total Rewards package
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
trust administrationfinancial planningphilanthropic planningfiduciary lawtax accountinginvestment managementlegal document analysistransaction managementaccount management
Soft skills
mentoringcoachingcommunicationdetail-orientedorganizational skillsclient relationship managementproblem-solving
Certifications
Bachelor's degreeadvanced degree/certification