Full-Time

Senior Trust Officer

Confirmed live in the last 24 hours

Brown Brothers Harriman

Brown Brothers Harriman

5,001-10,000 employees

Provides private banking and wealth management services

Venture Capital
Financial Services

Senior

Wilmington, DE, USA

Hybrid role requiring three days per week in office.

Category
Asset Management
Finance & Banking
Requirements
  • 10+ years of Trust Administration experience
  • JD or other advanced degree, preferred
  • Strong working knowledge of trust law, the interpretation and application of trust and estate provisions, and the legal framework for trust administration
  • Knowledge of income tax, estate tax, gift tax, and GST tax
  • Strong oral and written communications skills
  • Solutions oriented
  • Excellent analytical and critical thinking skills; is solutions-oriented and exercises independent judgment
  • Excellent interpersonal skills and the ability to relate with a variety of different people
  • Thrives in a team environment, is collaborative and enjoys mentoring and developing others
Responsibilities
  • Work with wealth planners and relationship management team to ensure the proper administration of a book of sophisticated trust accounts.
  • Responsible for overseeing all aspects of trust administration for a book of accounts, from account opening, funding, distributions, investments, account closing, etc.
  • Prepare memos for discretionary actions (e.g., distributions, special investments) and present to the Trust and Investment Committee
  • Review governing instruments (e.g., trusts, wills) and prepare trust summaries as part of the initial review and onboarding process; coordinate with client and advisers on execution and funding of trust, including working with predecessor trustees as applicable
  • Oversee all trust-related transactions (e.g., sales, loans), coordinating with the client and advisers to ensure transaction documents are reviewed and approved internally
  • Serve as a trusted adviser to clients with respect to trust matters
  • Communicate regularly with grantors, beneficiaries and co-trustees regarding planning, trust terms, and solutions to address various issues or opportunities that present during administration
  • Oversee trust professionals who support a shared book of business
  • Provide guidance to team on day-to-day trust administration responsibilities
  • Serve as mentor and coach for team’s career development goals
  • Ensures that team is appropriately staffed with the required skillset to serve book of trust business
Brown Brothers Harriman

Brown Brothers Harriman

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Brown Brothers Harriman offers a range of financial services including private banking, wealth management, investment advisory, and corporate lending. Their products work by providing tailored financial solutions to both individual and institutional clients, helping them manage their assets, plan for the future, and navigate complex financial markets. What sets Brown Brothers Harriman apart from competitors is their focus on building long-term relationships with clients, emphasizing personalized service and specialized expertise in various financial sectors. The company's goal is to ensure the success of their clients by promoting sustainable financial performance and providing innovative solutions that meet their unique needs.

Company Stage

N/A

Total Funding

$254.9M

Headquarters

Boston, Massachusetts

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • BBH's recent executive hires and leadership bolstering indicate a strong commitment to growth and strategic direction.
  • The launch of an automated liquidity management tool showcases BBH's dedication to leveraging technology for enhanced client services.
  • BBH's significant investments in various companies and sectors highlight its robust financial health and diversified investment strategy.

What critics are saying

  • BBH's selective client approach may limit its market reach and scalability compared to more inclusive competitors.
  • The firm's reliance on a private partnership model could pose challenges in raising capital quickly compared to publicly traded firms.

What makes Brown Brothers Harriman unique

  • Brown Brothers Harriman (BBH) maintains a unique position as a private partnership, allowing for a long-term, client-focused approach unlike publicly traded competitors.
  • BBH's selective client approach and specialized industry expertise enable tailored solutions that are difficult for larger, more generalized firms to replicate.
  • The firm's global reach combined with a hands-on, transparent relationship management style promotes innovation and agility, setting it apart from more bureaucratic institutions.

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