JPMorganChase
Wealth Management Solutions, Trust & Estates- Estate Officer - Vice President
JPMorganChase, Miami, Florida, us, 33222
Job Description
Job Summary: As a Wealth Management Solutions, Trust & Estates - Estate Officer - VP within the Global Trusts & Estates Practice, you will be responsible for overseeing the administration of estates or terminating includable trusts. You will analyze Wills and trust documents, make recommendations, oversee investment decisions, work with Tax Officers and trust counsel to resolve tax issues, and address questions raised by beneficiaries, co-executors and co-trustees and their advisors. You will also develop relationships with beneficiaries and advisors, maintain current information on beneficiaries, and partner with Wealth Advisors, Bankers, Investors, and Trust Officers to grow the trust and estate business. Your role will also involve training and personal development, as well as assisting in training and developing Estate Administrators and Professionals.
Job Responsibilities
Analyze Wills and 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 executor and/or 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-executors and co-trustees and their advisors
Work in a team-based environment; develop relationships with beneficiaries and advisors in order to carry out the decedent and/or grantor’s purposes and meet the needs of the beneficiaries
Maintain current information on beneficiaries and their changing needs and circumstances to prudently carry out the firm’s fiduciary duties and provide superior client service
Partner with client\'s other advisors (attorney, accountant); be respected by the external professional advisor community
Develop, retain and deepen client relationships
Partner with Wealth Advisors, Bankers, Investors, and Trust Officers to grow the trust and estate business, including participating in team discussions and strategy around structuring, pricing and closing trust and estate services
Cross-sell JPM products/services; maintain and develop strategies for increasing business with current clients; professional advisor cultivation
Reading fiduciary materials, attending seminars and completing required Proficiency Training courses
Assist in training and developing Estate Administrators and Professionals, including performance management and feedback
Required Qualifications, Skills And Capabilities
In-depth knowledge of all fiduciary products and services, including all legal, tax and regulatory requirements applicable to fiduciary relationships
Minimum of 7 years of relevant experience focused in the Trust and Estates business; either at a corporate fiduciary or a law firm
Solid Client Relationship Management experience
Comprehensive 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
Preferred Qualifications, Skills And Capabilities
Bachelor’s Degree required; MBA or other advanced degree is a plus; J.D. strongly preferred
Knowledge of internal procedures involving distributions, account maintenance, account opening/closing, Investment Systems and Annual Reviews, and management of overdrafts - is a plus.
About Us JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We are an equal opportunity employer and value diversity and inclusion. We do not discriminate on protected attributes and provide reasonable accommodations for applicants’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.
About The Team J.P. Morgan Asset & Wealth Management delivers investment management and private banking solutions. Wealth Management helps individuals, families and foundations take a more intentional approach to wealth management.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
#J-18808-Ljbffr
Job Responsibilities
Analyze Wills and 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 executor and/or 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-executors and co-trustees and their advisors
Work in a team-based environment; develop relationships with beneficiaries and advisors in order to carry out the decedent and/or grantor’s purposes and meet the needs of the beneficiaries
Maintain current information on beneficiaries and their changing needs and circumstances to prudently carry out the firm’s fiduciary duties and provide superior client service
Partner with client\'s other advisors (attorney, accountant); be respected by the external professional advisor community
Develop, retain and deepen client relationships
Partner with Wealth Advisors, Bankers, Investors, and Trust Officers to grow the trust and estate business, including participating in team discussions and strategy around structuring, pricing and closing trust and estate services
Cross-sell JPM products/services; maintain and develop strategies for increasing business with current clients; professional advisor cultivation
Reading fiduciary materials, attending seminars and completing required Proficiency Training courses
Assist in training and developing Estate Administrators and Professionals, including performance management and feedback
Required Qualifications, Skills And Capabilities
In-depth knowledge of all fiduciary products and services, including all legal, tax and regulatory requirements applicable to fiduciary relationships
Minimum of 7 years of relevant experience focused in the Trust and Estates business; either at a corporate fiduciary or a law firm
Solid Client Relationship Management experience
Comprehensive 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
Preferred Qualifications, Skills And Capabilities
Bachelor’s Degree required; MBA or other advanced degree is a plus; J.D. strongly preferred
Knowledge of internal procedures involving distributions, account maintenance, account opening/closing, Investment Systems and Annual Reviews, and management of overdrafts - is a plus.
About Us JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We are an equal opportunity employer and value diversity and inclusion. We do not discriminate on protected attributes and provide reasonable accommodations for applicants’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.
About The Team J.P. Morgan Asset & Wealth Management delivers investment management and private banking solutions. Wealth Management helps individuals, families and foundations take a more intentional approach to wealth management.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
#J-18808-Ljbffr