Job Description
At BBH, Partnership is more than a form of ownership-it's our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what's next, this is the right place to build a fulfilling career.
Join us as a Senior Trust Officer Brown Brothers Harriman is currently looking for a Senior Trust Officer to join our National Trust Company in our Wilmington, Delaware office. The team consists of 20+ professionals that administer over $4 billion in trust assets for ultra-high net worth clients for the Private Bank. In this role, you will be responsible for managing a book of sophisticated trust relationships with the support of administrators, and you will work closely with clients, prospects, advisers, and the relationship management team to provide superior client service.
Some of your
key responsibilities include:
Trust Administration
- Work with wealth planners and relationship management team to ensure the proper administration of a book of sophisticated trust accounts.
- Responsible for overseeing all aspects of trust administration for a book of accounts, from account opening, funding, distributions, investments, account closing, etc.
- Prepare memos for discretionary actions (e.g., distributions, special investments) and present to the Trust and Investment Committee
- Review governing instruments (e.g., trusts, wills) and prepare trust summaries as part of the initial review and onboarding process; coordinate with client and advisers on execution and funding of trust, including working with predecessor trustees as applicable
- Oversee all trust-related transactions (e.g., sales, loans), coordinating with the client and advisers to ensure transaction documents are reviewed and approved internally
Client Relationship Management
- Serve as a trusted adviser to clients with respect to trust matters
- Communicate regularly with grantors, beneficiaries and co-trustees regarding planning, trust terms, and solutions to address various issues or opportunities that present during administration
Leadership and Development
- Oversee trust professionals who support a shared book of business
- Provide guidance to team on day-to-day trust administration responsibilities
- Serve as mentor and coach for team's career development goals
- Ensures that team is appropriately staffed with the required skillset to serve book of trust business
Qualifications - 10+ years of Trust Administration experience
- JD or other advanced degree, preferred
- Strong working knowledge of trust law, the interpretation and application of trust and estate provisions, and the legal framework for trust administration
- Knowledge of income tax, estate tax, gift tax, and GST tax
- Strong oral and written communications skills
- Solutions oriented
- Excellent analytical and critical thinking skills; is solutions-oriented and exercises independent judgment
- Excellent interpersonal skills and the ability to relate with a variety of different people
- Thrives in a team environment, is collaborative and enjoys mentoring and developing others
This role is based in our Wilmington location and is a hybrid role, with three days per week in office. We value diverse experiences. We value diverse experiences and transferrable skillsets. If your career hasn't followed a traditional path, includes alternative experiences, or doesn't meet every qualification or skill listed in the job description, please do go ahead and apply.
About BBH: Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.
We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development-so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice-creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another.
We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often-pushing the boundaries of innovation. As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.
Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law. Brown Brothers Harriman & Co.
Job Tags
Local area, 3 days per week,