Fiduciary Consultant

Job Description Summary

Uses extensive knowledge and skills obtained through education and experience to provide advice and guidance on technical fiduciary issues in support of sales efforts and the Pre-Acceptance Committee (“PAC”) review process. Influences strategic direction and develops tactical plans with substantial latitude for semi-reviewed actions or decisions. Provides comprehensive solutions to complex problems or needs. Extensive contact with internal and external customers, joint venture partners, potential partners and business contacts, and senior level management is required.

Job Description

Essential Duties and Responsibilities:

• Responsible for assisting the Chief Fiduciary Officer in providing early intervention on fiduciary problems and risk matters relating to the administration of fiduciary accounts.

• Serves as a resource for Legal in providing comprehensive fiduciary and technical advice relating to the pre-litigation and litigation of fiduciary matters.

• Working directly with the Chairperson of PAC to coordinate the review of new business opportunities and work with the necessary parties to resolve account opening contingencies by gathering the necessary documentation, creating and reviewing legal documents, and working with trust consultants to develop alternate strategies to resolve contingencies.

• Provides interpretation of trust documents

• Builds and maintains working relationships through communication with the client and the Financial Advisor.

• Establishes objectives and develops processes and procedures to ensure efficient and timely work flow.

• Reviews progress of assignments with senior management.

• May plan, assign, monitor and manage the work of others.

• May coach and mentor subordinates.

• Performs other duties and responsibilities as assigned.

Knowledge of:

• General fiduciary law and principals

• Trust and welfare transfer techniques

• Federal and state regulation pertaining to fiduciaries

• IRS Gift and Estate Tax Code laws, Uniform Principal and Income Act (UPAIA), and general Trust Laws, rules and regulations.

• Advanced concepts, practices and procedures of income tax planning and preparation process.

• Advanced concepts, principles and practices of personal trust administration process.

• Fundamental investment concepts, practices and procedures used in the securities industry.

• Principles of banking and finance and securities industry operations.

• Financial markets, products, financial advisory function and investment process.

• Broad knowledge of Finance and Accounting.

• Management principals

Skill in:

• Excellent interpersonal and leadership skills to provide a high level of customer service.

• Cultivating and maintaining effective working relationships at all levels of the organization.

• Outstanding oral and written communication skills.

• Demonstrate uncompromising adherence to ethical principles.

• Operating standard office equipment and ability to learn software applications including computer based trust accounting systems and other common estate planning software programs.

Ability to:

• Function in a professional office environment.

• Demonstrate efficiency and flexibility in performing detailed transactional tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment with frequent interruptions.

• Provide efficient service to internal and external clients.

• Partner with other functional areas to accomplish objectives.

• Facilitate meetings, ensuring that all viewpoints, ideas and problems are addressed.

• Attend to detail while maintaining a big picture orientation.

• Gather information, identify linkages and trends and apply findings to assignments.

• Incite enthusiasm and influence, motivate and persuade others to achieve desired outcomes.

• Interpret and apply policies and identify and recommend changes as appropriate.

• Work independently, make non-routine decisions and resolve complex problems.

• Communicate effectively, both orally and in writing, with all organizational levels, including senior management.

• Lead meetings and contribute to team efforts by ensuring all relevant information is included in the outcomes.

• Establish and maintain effective working relationships at all levels of the organization, including negotiation resources.

Education

Juris Doctor (JD) - Completed: Law

Work Experience

General Experience - 3 to 6 years

Certifications

Travel

Less than 25%

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.  Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. 

We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. 

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