Paralegal - Trust & Esate

PARALEGAL - TRUST & ESTATE ADMINISTRATOR

The Preferred Legacy National Trust Bank, a network of professionals that provide a tailored approach to trust and estate administration, investment management oversight, family planning and advisory services, family stewardship and philanthropy, and household finance management. Further executing your strategy by way of our relationships with you and your trusted team of advisors, we can address everything from business planning to real estate advisory services.

Whether it be charitable gift giving, or private investment strategy, The Preferred Legacy National Trust is committed to knowing and understanding your family and business dynamics in order to scale our breadth of services to meet the goals of each individual and family.

The Trust & Estate Administrator is responsible for overseeing the administration of fiduciary accounts, including discretionary and non-discretionary assigned trusts and estates within the company, while maintaining strong relationships with beneficiaries, grantors, and professional advisors. will support the VP, Senior Wealth Strategist, in establishing administrative duties of all trusts assigned. The Administrator also ensures compliance with trust documents and works closely with the Compliance and Operations team on trust and estate matters.

Essential Functions:

• Administer assigned client relationships and various types of accounts
• Serve as secondary point of contact for clients
• Assist in the interpretation of trust instruments
• Oversee trust funding and asset movements
• Review and process distribution requests
• Prepare discretionary distribution documentation
• Ensure income vs. principal accuracy
• Maintain and organize all records and trust files to ensure proper record-keeping in order to comply with all trust documents and regulations
• Manage conflict resolution and sensitive family dynamics
• Assist with audits and identification of fiduciary risks
• Support process improvements
• Monitor deadlines and compliance obligations
• Directly report to and collaborate with VP, Senior Wealth Strategists and Relationship Officers on trust and estate matters
• Support Relationship Manager on new business generation
• Adhere to all relevant regulations, including USA Patriot Act and Anti-Money Laundering Program
• Identify and resolve issues by comparing account information to system reports

Qualifications:

• 3-5 years of experience in trust & estate
• Understanding of trust accounting and how to administer sophisticated trusts
• High level understanding of estate planning
• Must possess excellent written and oral communication skills
• Ability to utilize Microsoft Office and trust accounting software
• Ability to maintain a positive and professional work environment
• Maintain strict confidentiality as well as digital/physical security
• Demonstrate the ability to recognize, evaluate, and resolve/escalate problems
• Ability to work independently with little to no supervision when needed and able to manage multiple tasks
• Must be open to performance improvement and coaching
• Open to occasional travel when necessary

Applicants m
ust be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. CRI will not sponsor applicants for U.S. work visa status for this position or future positions (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Preferred Legacy Trust offers a generous benefits package that includes 21 PTO days, 9 paid holidays, and company-paid long-term disability and life insurance. Employees also have access to Blue Cross Blue Shield medical insurance, as well as dental, vision, and short-term disability coverage. Additional benefits include parental leave, flexible spending accounts, and a 401(k) retirement plan.