Summary: Directly administers all types of Private Wealth Management (PWM) Trust accounts including personal trusts, special needs trusts, investment management, custodial and guardianship accounts. Manages a portfolio of varying accounts in levels of complexity and asset size. Conforms to SunTrust policies and procedures, applicable laws and the terms of the underlying documents (including Reg 9, Sarbanes Oxley/Anti-money Laundering). Understands and is conversant with financial and estate planning strategies and is able to understand and interpret legal and fiduciary documents. Partners with Client Advisors, Trust Consultants, Investment Portfolio Managers, Wealth Strategists, and external advisors to define and meet clients' tax, financial, estate planning, and banking goals and objectives. Ensures trust administrative duties are completed including cash management, trouble shooting, and proper documentation of files and the InSite system. Meets or exceeds customer service standards. Initiates annual communication with trust clients in accordance with company standards. Identifies and sells additional bank products to better meet the client’s needs. Conducts annual Reg-9 reviews and coordinates tax matters for assigned accounts including 1099s, 1041s, and others as appropriate.Qualifications
10+ years experience as a relationship manager in the Fiduciary Services, Private Wealth, or Institutional Investment Management industry with 5+ years in Trust Administration. Experience working with investment products. Strong knowledge of estate planning, fiduciary and tax laws. Strong analytical skills including legal document interpretation skills. Deposit/general banking knowledge to effectively coordinate the delivery of a wide variety of bank products.
Very knowledgeable of banking and trust systems. Intermediate or advanced PC skills including standard Microsoft Office products and database applications.
Demonstrated organization skills and ability to prioritize work in a fast-paced environment. Excellent verbal and written communication skills; able to communicate complex information clearly to clients and internal partners.
10+ of STI Trust Administration experience
Undergraduate degree in Fiduciary Administration
Working towards or possess an advanced degree or certification (e.g. JD, MBA, CFP, CPA, or CTFA).
Equal Opportunity Employer: SunTrust supports a diverse workforce and is a Drug Testing and Equal Opportunity Employer. SunTrust does not discriminate against individuals on the basis of race, creed, color, gender, religion, national originTo review the EEO Poster, copy and paste the following link into your browser: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf http://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf