Trust Investment Officer

Job Description

This is a key role in the management of Personal Trust accounts king together with the Trust Administration Officer, you will handle the investment process of trust accounts, including reviewing trust investments (including unique assets), developing investment strategies, communicating with Ameriprise Financial Advisor and clients and monitoring and executing investment activities in the trust account.

The Trust Investment officer is also responsible for retention of client relationships and collaborating with the new business officers to attract additional assets.

• Dual relationship with Financial Advisor and Trust Administration officer to handle the investment assets of existing trust accounts for individual clients following fiduciary standards.
• Review client’s asset allocation and develop Investment Policy statements for the fiduciary account collaborating with the client’s Ameriprise Financial Advisor to recommend investment strategies suitable to account objectives.
• Monitor account investment performance and present to the Advisor and clients.
• Review legacy positions and recommend investment models, position concentration mitigation strategies, and the management of special assets (real estate, MOG, closely held business) with reference to clients' tax situations and recommend financial advisor's interaction with clients on findings.
• Works with Financial Advisors to facilitate and coordinate investment activity with co-trustees. Respond to client inquiries regarding investments and conduct periodic investment reviews.
• Act as fiduciary investment manager of portfolio of accounts including setting investment objectives, monitoring of investment objectives and performance, account investment reviews, and performing transactions as needed (distributions, rebalancing, etc.). Review and approve advisor recommended buy/sell transactions for assigned portfolios.
• Actively participate in the Investment Sub-Committee. Participate in other projects (e.g., investment management topics, ILIT and insurance assets in trusts, proxy voting, corporate actions, etc).
• Contribute to the investment side of the sales process for personal trust; review and analyze portfolios, propose change, and monitor account establishment and funding of trusts.
• Review asset statements, trust agreements and other supporting documentation to gain understanding of case; coach advisors through the portfolio implementation process; review all necessary supporting materials that are provided by advisor to prepare file for account acceptance.

• Bachelor's degree or equivalent experience
• 5+ years' investment management experience

• Good written and oral communication skills
• Effective presentation skills
• Strong organizational skills and attention to detail
• Experience in trust investment management
• Good analytical and problem solving skills

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week.

Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

The estimated base salary for this role is $93,400 - $128,400 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive…