Senior Estate Settlement Trust Officer at Edward Jones
Saint Louis, MO 63190
About the Job
Your passion. Our purpose. This could be powerful.
Maybe the markets keep you up at night. Trusts are your forte. Or your idea of a perfect day at the office is a deep dive into equity research. Whatever your passion, at Edward Jones it will have purpose. Your work is meaningful - because it has a singular focus: client relationships. What you do every day helps people achieve and protect their financial goals. Impacting lives for the better. And with our remarkable work-life flexibility, one of the lives it could enhance is yours.
Job Overview
Position Schedule: Full-Time
Team Overview:
Do you have a strong background in trust and estate management? Do you have a desire to work on a face-paced team? If so this, this role could be a potential fit for you! Wealth Management Advice and Solutions (WMAS) is responsible for leading the firm in ensuring our clients are on track to meet their financial goals. Products is an area within WMAS focused on enabling personalized client outcomes by leading the strategy and evolution of the firm's wealth management offering. Part of the Products team in our WMAS division, our Edward Jones Trust Company provides personalized investment management and fiduciary services. Edward Jones Trust Company provides a full range of trust, investment management, and custody services to individuals, businesses, charitable organizations, and private foundations.
What You Will Do:
Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.
Hiring Minimum: $96471
Hiring Maximum: $164262
Read More About Job Overview
Skills/Requirements
What Experience You Need:
What Could Set You Apart:
*Candidates that live within in a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office three days per week, with preference for Tuesday through Thursday.
Read More About Skills/Requirements
Awards & Accolades
At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Read More About Awards & Accolades
About Us
Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 8 million clients and 19,000 financial advisors across the U.S. and Canada, we're proud to be privately-owned, placing the focus on our clients rather than shareholder returns.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2023, data as of December 2022. Compensation provided for using, not obtaining, the rating.
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
#LI-HO
Maybe the markets keep you up at night. Trusts are your forte. Or your idea of a perfect day at the office is a deep dive into equity research. Whatever your passion, at Edward Jones it will have purpose. Your work is meaningful - because it has a singular focus: client relationships. What you do every day helps people achieve and protect their financial goals. Impacting lives for the better. And with our remarkable work-life flexibility, one of the lives it could enhance is yours.
Job Overview
Position Schedule: Full-Time
Team Overview:
Do you have a strong background in trust and estate management? Do you have a desire to work on a face-paced team? If so this, this role could be a potential fit for you! Wealth Management Advice and Solutions (WMAS) is responsible for leading the firm in ensuring our clients are on track to meet their financial goals. Products is an area within WMAS focused on enabling personalized client outcomes by leading the strategy and evolution of the firm's wealth management offering. Part of the Products team in our WMAS division, our Edward Jones Trust Company provides personalized investment management and fiduciary services. Edward Jones Trust Company provides a full range of trust, investment management, and custody services to individuals, businesses, charitable organizations, and private foundations.
What You Will Do:
- Daily management of complex probate and estate settlement trusts in accordance with the language provided in the governing instrument (trust agreements, wills, and powers of attorney), all contracts relating to the account relationship, Edward Jones Trust Company guidelines, and federal and state fiduciary standards
- Deep discovery for asset identification, asset gathering and analysis in a high volume environment; this may entail researching prior tax returns, asking questions of family members and local professionals, and researching years of books and records
- Developing, strengthening, and retaining client, beneficiary and branch team relationships
- Reviewing, understanding, and interpreting language in trusts and other estate planning documents in order to formulate a plan for execution of the overall estate plan strategy while limiting fiduciary, regulatory and legal risk in all 50 states
- Partnering with financial advisors to fully understand client needs, develop communication plans for the duration of the execution phase of the estate plan and setting expectations in order to deliver an excellent client experience
- Discussing and explaining complex estate planning concepts, trust terms and legal concerns/requirements with beneficiaries and financial advisors in a way that is easy to understand
- Managing the Trust and Estate accounts with external attorneys, CPAs and business professionals, other Trust Company associates, and branch teams, with an emphasis on probate and post-death trust matters
- Understanding and balancing the needs of all current and future beneficiaries
- Serving on Trust Company governance committees, participating in business planning or other initiatives as requested
- Managing special assets and real estate, including marshalling, managing risk, and creating/executing the strategy for the sale or transfer thereof; • Researching various laws including statutory requirements, probate rules, and court requirements and applying knowledge of these laws to unique circumstances.
- Formulating plans for the execution of estate plans, using tax planning analysis and wealth transfer strategies Engaging outside attorneys; including managing and following up on legal work performed by outside attorneys Serving on Governance Committees responsible for the day to day management of the Trust Company, leading and/or participating in business plan deliverables or other initiatives as requested
- Supporting, training, mentoring, and efficiently working with other Trust Company associates
- Developing and implementing guidelines and procedures
- Leading and/or participating on initiatives within the department, across the division, and firm-wide that improve our ability to serve our clients and support the firm's mission
- Serving as a thought leader and resource to the team and area
Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.
Hiring Minimum: $96471
Hiring Maximum: $164262
Read More About Job Overview
Skills/Requirements
What Experience You Need:
- Bachelor's degree and CTFA, JD, CFP or equivalent professional certification required
- At least 7-10 years trust and estate management, or related legal or financial services experience required
- Knowledge of advanced fiduciary, gifting, trust management principles, estate planning principles, taxes, insurance, and investment principles and techniques required
- Advanced ability to balance high risk business, compliance and legal factors when making decisions
- Advanced ability to manage real estate, TPP, and other unique assets and identify and mitigate risks related to those assets
- Ability to work in team-based environment, delegate work appropriately, deliver training, and lead meetings effectively
- Ability to lead client meetings with financial advisors and tax and legal professionals
- Ability to use trust accounting system, Microsoft products and other automation tools
- Advanced ability to manage competing priorities resulting from a complex account load
- Exceptional organizational skills are required
- Mal communication (especially in complex, technical matters) and demonstrate high level of interpersonal skills Ability to serve as leader in leader's absence and act as a resource for others on the team.
What Could Set You Apart:
- Strong IRA and tax planning experience
- Experience working with high net worth clients
*Candidates that live within in a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office three days per week, with preference for Tuesday through Thursday.
Read More About Skills/Requirements
Awards & Accolades
At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Read More About Awards & Accolades
About Us
Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 8 million clients and 19,000 financial advisors across the U.S. and Canada, we're proud to be privately-owned, placing the focus on our clients rather than shareholder returns.
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2023, data as of December 2022. Compensation provided for using, not obtaining, the rating.
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
#LI-HO
