What are the responsibilities and job description for the Trust Officer position at McLane Middleton?
McLane Middleton, a leading New England-based law firm, is looking for a Trust Officer in our Trust Services Group in our Manchester, New Hampshire office. The firm has over 110 lawyers located in five offices, three in New Hampshire (Manchester, Concord and Portsmouth) and two in Massachusetts (Woburn and Boston). McLane Middleton is regularly listed as one of America’s leading law firms in Chambers USA, and 57 of its attorneys are listed in The Best lawyers in America across a broad array of practice areas. The firm has a strong tradition over its 105-year history of deep involvement in the communities where its employees work and live, and of active participation in the bar and numerous charitable and professional associations.
The Trust Officer will be the primary contact with designated firm clients and be responsible for the administration of personal trust and fiduciary accounts, communicating with grantors, fiduciaries, beneficiaries, advisors and other professionals on a regular basis in order to develop and maintain positive relationships.
Responsibilities
- Engage with High Net Worth and Ultra High Net Worth clients and administer their trusts to ensure the preservation of their trust assets to achieve the client’s specific trust and estate planning objectives.
- Provide superior client service and develop deep relationships with clients to best administer their trust accounts.
- Review account-related legal documents such as wills, trusts, leases, agreements, etc., and consult with attorneys regarding legal needs and interpretation of trust documents, wills, and other materials.
- Administer trusts in accordance with the governing instrument and relevant law.
- Be the primary contact for all matters related to the assigned account.
- Prepare documents for account opening, agreements, transfer and assignment documents, beneficiary designations, investment objectives, notices, delegations, and authorizations.
- Review and document discretionary distribution requests by interpreting the terms of the trust document to determine the appropriateness of the request, in accordance with the firm’s Policies and Procedures.
Qualifications
- Strong relevant education/certification, e.g., bachelor’s degree, MBA, JD, CTFA
- Five or more years’ experience in a client-facing fiduciary role, specifically with trust and/or estate management and administration experience
- Strong knowledge and proven technical proficiency in legal, investment and tax issues relative to trust administration
- Track record working with high-net-worth clients and their intermediaries and advisors.
- Experience administering directed trust accounts.
- A proven comfort level in small, lean, and entrepreneurial work environments.
- Outstanding integrity – always doing what’s right on behalf of the client while managing risk for the firm
- Strong team player and partner
- Ability to handle multiple competing priorities and organize tasks effectively.
