Trust Officer DTE
Location: Wilmington, Delaware
Description: Morgan Stanley is at present looking to employ Trust Officer DTE right now, this occupation will be designated in Delaware. More complete informations about this occupation opportunity please read the description below. Responsible for handling the daily administration of High Net Worth (HNW) and Ultra High Net Worth (UHNW) personal trust relationships. Assists in gathering new business in conjunc! tion with the Trust Consultant. This position also oversees an assigned account load.
Major Functions (Principal Duties and Responsibilities)
- Communicate effectively with HNW and UHNW clients and their Financial Advisors (FA) or Investment Representative (IR) regarding their trust, agency or custodial accounts.
- Capability to oversee the daily functions of trust professionals, provide creative solutions to client (internal/external) service issues and to be a leader and technical expert to staff.
- Accompany Trust Consultants on new business meetings with prospective clients and FA/IR’s.
- Interpret and implement legal terms of trust instruments, court orders and other trust related legal agreements.
- Communicate effectively with attorneys, accountants and other professionals in assisting clients
- Review each relationship at least annually to ensure compliance with trust terms, proper fee allocation, proper ! documentation, etc. (Compliance/Legal requirement.)
- C! omplete and/or review IRG forms in preparation for Regulation 9 investment reviews as well as monitor investments in conjunction with the Investment Group.
- Monitor and report excess and overdrawn cash and correct as needed.
- Draft and present discretionary distribution memos to Management Review Committee as required.
- Review trust documents to determine income/principal distribution.
- Act as liaison between client, FA/IR and the Personal Trust Investment Group, Trust Operations, Special Assets and Tax.
- Oversee and execute client bill payment, tax payments and any other disbursements for the benefit of beneficiaries or the trust.
Skills Required
- Undergraduate degree or commiserate experience required.
- Graduate degree and/or law degree preferred.
- Certifications such as CFP, CTFA, CFA preferred. !
- At least ten years experience as in personal trust
- Advanced knowledge of trusts including all charitable vehicles such as unitrusts, annuity trusts, lead trusts, private foundations, estate planning, and trust taxation.
- Knowledge of trust investment portfolio strategies.
- Demonstrated analytical, decision-making and effective problem resolution skills.
- Excellent oral and written communications skills.
- HNW and UHNW Clients
- Financial Advisors and Investment Representatives
- Client vendors, attorneys, accountants and other professionals
- Staff members within Personal Trust and throughout Morgan Stanley
- .
If you were eligible to this occupation, please deliver us your resume, with salary requirements and a resume to Morgan Stanley.
Interested on this occupation, just click on the Apply button, you will be redirected to the official website
This occupation will be started on: Fri, 15 Mar 2013 17:50:52 GMT