Bank of the West Trust Officer in San Francisco, California
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 can be located in our San Jose, San Francisco or Sacramento corporate offices.
Job Description Summary
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. Administers simple to moderately-complex accounts.
Essential Job Functions
Administers assigned accounts in accordance with the terms specified in the trust instrument.
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.
Maintains proactive 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 moderately-complex personal trusts.
Other Job Duties
Recommends to Senior Management and/or applicable internal governing Committees the appropriate course of action on non-routine matters.
Participates in the development of new business from existing or prospective customers and cross-selling opportunities within the bank.
Participates in local community and business groups to cultivate a positive professional image for Wealth Management.
Maintains a continuous study of wealth management industry developments, particularly those related to estate and fiduciary planning, charitable planning, and tax planning.
Performs other duties as assigned.
Requires advanced knowledge of job area typically obtained through advanced education combined with experience.
Requires 5 years minimum prior relevant experience.
CTFA, CFP or Legal background preferred.
- Bachelor's Degree
Good knowledge of estates, trusts, agency accounts, and guardianships including legal, financial and tax issues.
Bank product and service knowledge.
Perform math and analysis.
Written and verbal communication.
Use of personal computer.
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-California-San Jose
Other Locations: United States-California-Sacramento, United States-California-San Francisco
Requisition ID: 053809