Posted in Legal Admin 22 days ago.
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Location: Tempe, Arizona
At Edward Jones, we help clients achieve their serious, long-term financial goals by understanding their needs and implementing tailored solutions. To ensure a personal client experience, we have located our 14,000+ branch offices where our more than 7 million clients live and work.
A typical branch office has one financial advisor who meets with clients face-to-face and one branch office administrator who enhances the team's ability to build deep relationships with clients. Headquarters associates in St. Louis and Tempe provide support and expertise to help U.S. and Canada branch teams deliver an ideal client experience. Edward Jones currently has more branch offices than any other financial services firm, and we continue to grow to meet the needs of long-term individual investors.
The Trust Officer is responsible for the administration of trusts, estates and investment management accounts. The responsibilities include:
Problems are typically complex and non-routine as each account is unique and requires interpretation of documents and knowledge of estate planning, tax concepts, regulations and laws; Must be able to manage moderately complex accounts and relationships;
Problems typically require analysis and fact finding and contain more than one issue.
When formulating and implementing solutions, must balance conflicting needs of clients and future beneficiaries, making problem solving more complex;
Overall problem solving is complex and non-routine, and highly time sensitive.
A moderate to high degree of risk is associated with this position as it has a high degree of discretion; however, many decisions are made in consultation with others;
The decisions and action or inaction could result in significant financial loss to the client, and financial, reputation and legal risk to the Trust Company and firm;
The decisions made regarding trust accounts are usually complex, require analysis of trust documents, account history and specifics, regulation, and law, and often do not have specific guidelines.
Decisions impact the account and beneficiaries for years in the future.
Span of Influence:
The work performed in this position spans the administrative area of the Trust Company. Some of the responsibilities of the position reach beyond the Trust Company and affect transactions and clients of the firm;
This position will have limited partial supervisory responsibilities of the work performed by support teams (e.g.. Trust Specialists, Ops, specialty teams);
Due to the nature of the work, decisions can create a high level of financial, reputation, legal, and regulatory risk for years into the future.
This position also collaborates closely with legal and tax teams, operations, other internal support teams, and external attorneys and CPA's to provide solutions for clients.