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

Expert

Wilmington, DE, USA

Hybrid role requiring three days per week in the 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

View

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 clients and institutions, helping them manage their assets, plan for the future, and navigate complex financial landscapes. What sets Brown Brothers Harriman apart from competitors is their focus on building long-term relationships with clients, emphasizing personalized service and specialized expertise. 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

1818

Simplify Jobs

Simplify's Take

What believers are saying

  • BBH's investment in Ecofin aligns with growing ESG investment trends.
  • Enhancements to the Transfer Agency platform boost BBH's competitive edge.
  • Strategic hires strengthen BBH's focus on family businesses, a key economic segment.

What critics are saying

  • Increased competition in transfer agency market may impact BBH's market share.
  • New managing directors could disrupt existing client relationships.
  • Small stakes in various companies expose BBH to market volatility.

What makes Brown Brothers Harriman unique

  • BBH's focus on family businesses sets it apart in the financial sector.
  • Technological advancements in BBH's Transfer Agency platform enhance client service.
  • BBH's commitment to philanthropy attracts high-net-worth clients seeking impactful giving.

Help us improve and share your feedback! Did you find this helpful?