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Chase · 4 days ago

Wealth Management Solutions, Trust & Estates Associate

500 Stanton Christiana Rd, Newark, DE, 19713, US

Full-time

Onsite

New Grad, Entry Level

Chase, a leading financial institution, is seeking a Trust & Estates Associate within their Wealth Management Solutions division. The role involves administering trust and estate accounts, ensuring compliance with legal and tax requirements, and fostering strong client relationships.

BankingFinancial Services

Responsibilities

Work with the Account Opening Group to open estate or trust accounts

Interpret the governing instrument and applicable law to ensure the proper set-up of account records, including payments, fee schedules (when appropriate) and tax records. Communicate with beneficiaries and co-executors or co-trustees to outline administrative procedures

Analyze Wills and trust documents for legal, tax, administrative and investment issues and coordinate delivery of services

Handle ongoing day to day administration of accounts, and proactively manage account base in an effort to avoid and minimize service and operational issues

Work with Tax Officers and trust counsel to resolve tax issues

Assist the Trust Officer to maintain current information on beneficiaries and their changing needs and circumstances in order to prudently carry out the firm’s fiduciary duties and to provide superior client service

Assist Trust Officer to partner with client's other advisors (attorney, accountant); highly respected by external professional advisor community

Develop, retain and deepen client relationships

Assist the Trust Officer and partner with Wealth Advisors, Bankers, Investors, and Trust Officers to grow the trust and estate business. This includes participating in team discussions and strategy around structuring, pricing and closing trust and estate services including: estates, family trusts, charitable trusts, and specialized Delaware trusts

Qualification

TrustEstates experienceTrust lawClient relationship managementFiduciary products knowledgeAdvanced degreeCertificationCoachingTrainingClear communicationTime managementAdaptability

Required

Bachelor's degree required

Relevant years of experience in the trust and estates industry

Experience in the administration and support of trust and estates including general understanding of fiduciary products and concepts, including legal, tax and investments knowledge

Client Servicing – client knowledge, client relationships, proactive communication

Teamwork/Personal Effectiveness – clear and concise communication, time management, adaptability to delegate, coaching and training

Preferred

Knowledge of trust and estate law, income, transfer, and generation skipping taxation, with ability to apply that knowledge to post-mortem planning exercises and account administration

Advanced degree such as JD, industry certification such as Certified Trust and Financial Advisor (CTFA) or paralegal certificate, with paralegal experience in trust and estate practice