Job Description
Join Montecito Bank & Trust as a Senior Trust Officer !
As the largest locally owned community Bank on the Central Coast, Montecito Bank & Trust is committed to our founding principle: to make the communities we serve better places to live and work. We are always looking for talented professionals who are passionate about personalized service, community involvement, and innovation. By joining our team, we are dedicated to your career development and wellbeing, in and out of the workplace.
About the Role
Montecito Bank & Trust is seeking a Senior Trust Officer to join the team in our Wealth Management department As a Senior Trust Officer, you will deliver a World Class Experience by being a fiduciary expert who applies deep knowledge and skills in the area of trust and estate matters, investment management, wealth transition, and financial planning to serve high-net-worth clients. May partner with a Relationship Manager or perform the role of Relationship manager in serving clients. Contributes to growth of the wealth management business by participating in and initiating new client acquisition through leveraging fiduciary skills and knowledge in the marketplace. Proactively engages with clients in wealth planning related conversations; collaborates with partners to develop and propose solutions. May have a strategic business segment focus (i.e. charitable management, Special Needs Trust, Elder Services, Estate Management Services, and Legacy Trust). Provides analysis of client's total financial situation and offers creative thinking to arrive at workable solutions. Communicates directly with clients, business partners and Centers of Influence including external resources i.e. accountants, attorneys, who are related to the client relationship as part of day-to-day administration. Responsible for corporate regulatory and compliance standards. You will be located in Montecito, CA with an on-site work schedule.
What We're Looking For
- A college degree required.
- Juris Doctorate from accredited law school preferred.
- Currently holds or is eligible for the CTFA or CFP designation required.
- 10-15 years of financial services industry experience required.
- 5-8 years of experience in trust administration required.
- Overseeing management of Trust Real Estate assets preferred.
- In-market experience preferred.
Your Responsibilities
The essential functions of this role include, but are not limited to:
- Responsible for management of revocable trusts, irrevocable trusts, testamentary trusts, probates, charitable remainder trusts, life insurance trusts, guardianships, and death administration as directed in the governing document.
- Responsible for identifying and addressing wealth management issues with clients, underwriting/accepting new accounts, administering, terminating and distributing complex accounts.
- Responsible for overseeing the management of trust real estate in adherence to policies and procedures including but not limited to property inspections, appraisals, insurance, property taxes, property management through third party sources.
- Identifies legal and regulatory risks to non-compliance, red flags to trust and estates administration, custodian and agency accounts and refers risk issues to appropriate legal or compliance experts.
- Prepare Reg 9 and Administrative Reviews for accounts in assigned portfolios; may serve on Trust Audit Committee.
- Adhere to all relevant policies, procedures, and regulations including, but not limited to, privacy and information security policies, Bank policies, federal and state laws, and bank regulatory guidance.
- Other duties as assigned.
Your Benefits
- Workplace Culture that Values YOU
- Competitive Pay
- Medical, Dental, Vision, & Life Insurance
- 401K Matching/Retirement Planning
- Paid Vacation Time, Sick Time, Federal Holidays, & Volunteer Time
- Associate Bank Accounts
- Bank Gatherings, Events, & Associate Engagement Activities
Individual pay is based on a multitude of factors, including candidate's experience, knowledge, skills, and abilities needed to perform in the position and pay equity.
Equal Employment Opportunity
Montecito Bank & Trust is an equal opportunity employer. Montecito Bank & Trust is committed to providing equal employment opportunity in our application process to all protected groups, including protected veterans and individuals with disabilities.
Employment eligibility is contingent on completing the DHS Employment Eligibility Verification (I-9) form and presenting acceptable documentation upon hire verifying your identity and right to work in the United States. The Bank does not sponsor visas, green cards, CPT, OPT, or other work authorizations.
Interested in Applying?
- Apply through Indeed or visit our website Montecito Bank Careers
- Review the openings using the "Explore Opportunities" tab.
- Select "Apply Now" to review the desired position and click "Apply" to submit your application.
- Create a personal log-in to apply.
Job Tags
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