Private Wealth Advisor - Trust

Company: Finemark National Bank
Location: Fort Myers
Posted on: November 9, 2024

Job Description:

Position Summary: The Private Wealth Advisor manages and administers the Bank's more complex and sophisticated trust relationships to include estate settlement with an emphasis on prudent fiduciary risk management, relationship growth and exceeding client expectations. No oversight from others in order to perform responsibilities. Essential Job Functions and Duties:

• Administers trust accounts in accordance with the governing instrument, federal and state laws, and FineMark's National Bank & Trust policies and procedures
• Monitors and reviews account retention
• Documents client communications on contact management system and coordinates proactive communication
• Participates in and monitors financial planning process
• Ensures timely completion of Trust Account Review
• Ensures timely and accurate set-up of new accounts by account opening associate
• Ensures timely processing of discretionary distributions
• Reviews governing legal and entity documents and directs Bankers in new account titling for all Trust, Fiduciary, and complex entity-owned deposit accounts.
• Conducts Trust Lending Reviews for all loans made to Trust and Entity Borrowers.
• Fields and reviews any legal-related issues arising in offices.
• Supports the development of existing relationships and facilitates new business efforts
• Maintains current knowledge of regulatory, fiduciary law, tax law and economic environment
• Regular attendance at the FineMark location designated in this job description, during business hours, or assigned hours for the position, is required. This is not a remote-work position. Required Education, Skills and Experience:
  • 10+ years of successfully managing trust accounts for a wealth management company.
  • Juris Doctor required.
  • Proven experience in managing large and complex trust accounts, including investment decisions and compliance with legal and regulatory requirements.
  • Deep understanding of complex financial instruments, investment strategies, and estate planning.
  • Extensive knowledge of trust laws, tax regulations, and compliance requirements.
  • Ability to mentor junior staff and oversee complex trust accounts.
  • Proficiency in analyzing complex financial statements, investment portfolios, and legal documents.
  • Exceptional verbal and written communication skills for interacting with high-net-worth clients, beneficiaries, and legal professionals.
  • Expertise in managing multiple high-value trust accounts, maintaining accurate records, and ensuring compliance with deadlines.
  • Strong attention to detail, ensuring precision in financial reporting and compliance with legal requirements.
  • Advanced ability to address and resolve complex issues related to trust administration and beneficiary concerns.
  • Building and maintaining strong relationships with high-net-worth clients and beneficiaries.
  • Upholding the highest standards of integrity and confidentiality in managing trust assets.
  • Handles complex and/or sophisticated relationships
  • Professional appearance and demeanor required Preferred Education
    • CPA Preferred.
    • Master's Degree especially in business administration (MBA) or a related field, preferred.
    • Advanced certifications such as Certified Trust and Fiduciary Advisor (CTFA) or Certified Financial Planner (CFP) preferred. ADA Job Description: The physical requirements and activities described herein are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Physical Requirements. This position primarily requires sedentary work; exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Walking and standing are required only occasionally. Physical Activities. The following physical activities are frequently required: talking is required to express or exchange ideas by means of the spoken word and hearing, with or without correction, is required to perceive the nature of sounds at normal speaking levels. The use of fingers is frequently required to pick, pinch, type (e.g., keyboard) or otherwise work, primarily with the fingers rather than with the whole hand as in handling. There is frequent repetitive motion which requires substantial movements (motions) of the wrists, hands, and/or fingers. This position may occasionally require that a person climb, balance, stoop, kneel, crouch, crawl, reach, push, pull, lift, grasp and/or feel. Visual Acuity Requirements. Close visual acuity and the ability to adjust focus, with or without correction, are required to perform activities such as, viewing a computer monitor or written materials and documents; reading; writing; preparing and analyzing data and figures; transcribing; close visual inspection. Some distance vision and color vision may be necessary. Environmental Conditions. A person is not substantially exposed to adverse environmental conditions and only exposed to moderate noise; they may occasionally work near moving mechanical parts or machinery such as a copier/printer. General Acknowledgment: By signing below, the employee acknowledges that they have read and understand the position and its requirements.
      
      FineMark National Bank & Trust complies with the Americans with Disabilities Act (ADA) and the Americans with Disabilities Amendments Act (ADAAA). During the interview process, you may be asked questions concerning your ability to perform job-related functions. As an equal employment opportunity (EEO) employer, FineMark National Bank & Trust adheres to a policy of making employment decisions without regard to race, color, religion, sex, national origin and status as an individual with a disability or protected veteran. We assure you that your opportunity for employment with FineMark depends solely upon your qualifications.FineMark is a Drug-Free Workplace. Before hire, drug tests are conducted for all positions. Drug and alcohol tests may be conducted during employment. You may request a copy of FineMark National Bank & Trust's Drug-Free Workplace Policy by contacting 239.461.3896.
      
      
      
      
      PI32c3e9378c18-37248-35992774

Keywords: Finemark National Bank, Lakeland , Private Wealth Advisor - Trust, Other , Fort Myers, Florida