Personal Trust Officer

SEI Private Trust Company, a wholly owned subsidiary of SEI Investments and provider of outsourcing solutions to financial institutions, is expanding its team to support the systems and production requirements for clients. We are actively looking for a qualified individual to join our Fiduciary Trust Administration Team to fill an open position.  We are actively seeking a driven and professional Trust Officer who thrives in an independent and client service environment.

Job Requirements:

General Fiduciary Administration:

• Prepares administrative reviews and assists in the preparation of the investment review when required

• Participates in fiduciary administrative committee

• Ability to multitask, detailed oriented, organized and work under pressure

• Knowledge of various trust types, income and principal accounting, trust income taxation, GST, trust investments, retirement plans and charitable trusts

• Administers a varied number of existing and new personal trust accounts

• Interprets the governing instrument and applicable state law to ensure trusts are administered according to the terms of the governing instrument

• Cultivates and maintains ongoing relations with beneficiaries, investment advisors, attorneys, accountants and co-fiduciaries.  Communicates the terms of the trust provisions to relevant parties.

• Responds to trust client issues, anticipating client needs and preparing for and participating in client meetings

• Prepares and presents discretionary distribution requests and makes recommendations to fiduciary committee

• Works with the tax accountants to prepare and file fiduciary tax returns

Responsible for receipts and disbursements for their book of accounts

Job Responsibilities:

• Monitor administrative policies and procedures

• Review and analysis of report, statements, policies and procedures

• Act as a liaison between vendors, clients and/or other market units

• Support of client and team needs

• Perform effectively in a team environment

• Where required, train and mentor other team members

• Become proficient in business application tools

• Support business initiatives, including business continuity and disaster recovery

• Be able to function as an individual contributor and make independent decisions

• Obtain professional certifications where required

• Assist Independent Advisor Solution with sales leads or personal trust presentations

• Acquiring system and technical knowledge required to resolve more complex tasks

• Be able to perform all jobs in the business unit

• Assume responsibilities or related projects

• Maintain current procedures and improve on process

Position Requirements:

• Bachelor’s degree or equivalent in education and work experience required

• Minimum of five years of experience in the trust industry

• CTFA preferred but not required

• Solid understanding of related legal, tax and accounting concepts required

• High degree of objectivity and professionalism in management of fiduciary obligations

• Exceptional written and oral communications skills essential

• This individual will routinely have access to confidential and sensitive information.  A high degree of integrity and trust is a must

• Organizational, time management and analytical skills

• Interpersonal and communications skills

• Must be willing to work effectively and independently, as well as in a team, in an open-floor environment

SEI’s competitive advantage:

To help you stay energized, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, a strong retirement plan, tuition reimbursement, a hybrid working environment for most roles, support for working parents and flexible Paid Time Off (PTO) so you can relax, recharge and be there for the people you care about. 

Benefits include healthcare (medical, dental, vision, prescription, wellness, EAP, FSA), life and disability insurance (premiums paid for base coverage), 401(k) match, education assistance, commuter benefits, up to 11 paid holidays/year, 21 days PTO/year pro-rated for new hires which increases over time, paid parental leave, back-up childcare arrangements, paid volunteer days, a discounted stock purchase plan, investment options, access to thriving employee networks and more.

We are a technology and asset management company delivering on our promise of building brave futures (SM)—for our clients, our communities, and ourselves.  Come build your brave future at SEI.  

SEI is an Equal Opportunity Employer and so much more…

After over 50 years in business, SEI remains a leading global provider of investment processing, investment management, and investment operations solutions. Reflecting our experience within financial services and financial technology our offices encompass an open floor plan and numerous art installations designed to encourage innovation and creativity in our workforce. We recognize that our people are our most valuable asset and that a healthy, happy, and motivated workforce is key to our continued growth. At SEI, we’re (literally) invested in your success. We offer our employees paid parental leave, back-up childcare arrangements, paid volunteer days, education assistance and access to thriving employee networks. 

SEI is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.

AI Acceptable Use in the application and interview process:

SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals’ personal and professional lives.  If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, please ensure you have reviewed and adhere to our AI use guidelines.