Bank of the West Sr Lead Fiduciary Officer in Denver, Colorado
Sr Lead Fiduciary Officer
At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
This position will be located in Denver, CO.
Job Description Summary
Recognized master in professional discipline. Implements strategic goals. Responsible for assisting the managing director with general management of the office, and also responsible for representing Bank of the West Wealth Management Group in its fiduciary capacity as Trustee, Executor or Agent under various forms of agreement. Has responsibility for the overall administration of assigned employee benefit (both pension and profit sharing) trust accounts or personal trust accounts. Assigned accounts are generally of a varied mix and of a complex nature.
Essential Job Functions
Administers assigned accounts in accordance with the terms specified in the trust agreement.
Resolves problems with assigned accounts as well as assisting others in account administration.
Ensures assigned accounts are in compliance with bank audit and security standards, policies and procedures. Actively participates in the resolution of audit findings in a timely manner.
May manage personal trust accounts of special significance according to instructions of principals, donors and descendants by fulfilling requests for distributions, answering questions, providing tax information, setting investment objectives and acting as probate administrator.
Maintains contacts with customers to discuss and advise on problems, explain terms and specifications of the will and/or trust, and to arrange for payments acceptable under the terms of the trust.
Sets up estates, trusts, agency accounts and guardianships as assigned.
Provides consulting advice to clients and/or companies concerning the design and administration of pension and/or profit sharing plans or the administration of complex personal trusts.
Assist in the development, installation, and administration of each plan, providing such services as disbursing payments to employees or retirees included in the plans. May make recommendations to the managing director as to the suitability of documents.
Other Job Duties
Recommends to the Regional Trust Administration Committee the appropriate course of action on non-routine matters for their own accounts. Reviews matters of other officers at the request of manager prior to committee submission.
Actively participates in the development of new business from existing or prospective customers and cross-selling opportunities within the Bank.
Establishes work schedules and priorities to ensure that workflow is controlled.
Assists the managing director in filling vacant positions through recruiting and involvement in the in the interview process.
May act as a lead for employees performing similar duties and have direct responsibility for training same.
Assists in budget and planning in conjunction with managing director, including but not limited to developing a business plan for unit.
Prepares required government and internal reports as requested.
Performs other duties as assigned.
Requires mastery level knowledge of job area typically obtained through advanced education combined with experience.
May have deep knowledge of project management.
Requires 7 years minimum prior relevant experience.
- Bachelor's Degree Finance, Economics, a related field
Demonstrated knowledge of complex institutional or personal trust administration including related complex legal, investment and tax issues.
Able to research and perform analytical analysis; Knowledge of Bank products and services.
Strong negotiation, presentation, and training skills; Excellent communication skills both oral and written.
Able to use personal computer, work with MS Office (Word, Excel, PowerPoint) and other hardware/software programs.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Location: United States-Colorado-Denver
Requisition ID: 053332