Personal Trust Officer

Location: Oaks

SEI Private Trust Company, a wholly owned subsidiary of SEI Investments and provider of outsourcing solutions to financial institutions, is expanding its team to support the systems and production requirements for clients. We are actively looking for a qualified individual to join our Fiduciary Trust Administration Team to fill an open position. We are actively seeking a driven and professional Trust Officer who thrives in an independent and client service environment.

Job Requirements :

General Fiduciary Administration:

Prepares administrative reviews and assists in the preparation of the investment review when required

Participates in fiduciary administrative committee

Ability to multitask, detailed oriented, organized and work under pressure

Knowledge of various trust types, income and principal accounting, trust income taxation, GST, trust investments, retirement plans and charitable trusts

Administers a varied number of existing and new personal trust accounts

Interprets the governing instrument and applicable state law to ensure trusts are administered according to the terms of the governing instrument

Cultivates and maintains ongoing relations with beneficiaries, investment advisors, attorneys, accountants and co-fiduciaries. Communicates the terms of the trust provisions to relevant parties.

Responds to trust client issues, anticipating client needs and preparing for and participating in client meetings

Prepares and presents discretionary distribution requests and makes recommendations to fiduciary committee

Works with the tax accountants to prepare and file fiduciary tax returns

Responsible for receipts and disbursements for their book of accounts

Job Responsibilities :

Monitor administrative policies and procedures

Review and analysis of report, statements, policies and procedures

Act as a liaison between vendors, clients and/or other market units

Support of client and team needs

Perform effectively in a team environment

Where required, train and mentor other team members

Become proficient in business application tools

Support business initiatives, including business continuity and disaster recovery

Be able to function as an individual contributor and make independent decisions

Obtain professional certifications where required

Assist Independent Advisor Solution with sales leads or personal trust presentations

Acquiring system and technical knowledge required to resolve more complex tasks

Be able to perform all jobs in the business unit Assume responsibilities or related projects

Maintain current procedures and improve on process

Position Requirements :

Bachelor’s degree or equivalent in education and work experience required

Minimum of five years of experience in the trust industryCTFA preferred but not required

Solid understanding of related legal, tax and accounting concepts required

High degree of objectivity and professionalism in management of fiduciary obligations

Exceptional written and oral communications skills essential

This individual will routinely have access to confidential and sensitive information. A high degree of integrity and trust is a must Organizational, time management and analytical skills

Interpersonal and communications skills

Must be willing to work effectively and independently, as well as in a team, in an open-floor environmentSEI’s competitive advantage:

To help you stay energized, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, a strong retirement plan, tuition reimbursement, a hybrid working environment for most roles, support for working parents and flexible Paid Time Off (PTO) so you can relax, recharge and be there for the people you care about.

Benefits include healthcare (medical, dental, vision, prescription, wellness, EAP, FSA), life and disability insurance (premiums paid for base coverage), 401(k) match, education assistance, commuter benefits, up to 11 paid holidays/year, 21 days PTO/year pro-rated for new hires which increases over time, paid parental leave, back-up childcare arrangements, paid volunteer days, a discounted stock purchase plan, investment options, access to thriving employee…