Trust Officer--Piedmont Trust

Posted: March 23, 2022

 

 

Piedmont Trust Company
Trust Officer
Greensboro, NC

 

 

Piedmont Trust Company is a family office providing comprehensive wealth management for multiple generations of its founding family, other select families, and private foundations. Piedmont Trust has been stewarding family wealth since 1928 and continues to serve all clients with the same dedication and commitment with which they serve the founding family.

 

Specific Responsibilities

This individual will lead a high-performing team focused on building and strengthening client relationships by communicating regularly and strategically advising clients; and by monitoring account administration for a select family group and their related trusts. This individual will also serve as a member of the Trust Administrative Committee (TAC), and in that capacity, assist the other Trust Officers in the oversight of the wide range of financial services that Piedmont Trust Company provides for its clients. Specific Trust Officer responsibilities include:

 

  • Developing, implementing, and monitoring individual financial plans for assigned client group relative to tax, estate, financial, and philanthropic goals, including risk analysis;

  • Analyzing clients’ investment objectives/asset allocations to ensure compliance with desired models;

  • Overseeing the preparation of income tax returns and quarterly ES tax payments for assigned clients to ensure accurate timely filings;

  • Maintaining compliance with policies and procedures to ensure sound fiduciary decisions and proper documentation;

  • Developing high performance teams by providing timely and ongoing performance feedback and working within teams to create individualized and team goals that align with Piedmont Trust Company’s corporate strategy;

  • Developing new client relationships by obtaining referrals from existing clients, centers of influence and professional partners;

  • Managing as member of the TAC in the day-to-day oversight of trust company operations;

  • Participating in decisions regarding discretionary trust distribution requests, as part of TAC, for 400+ trusts, their asset allocations, and appropriate administrative due diligence;

  • Monitoring all fees for assigned client groups to ensure all relationships are billed in accordance with established fee schedule and fee exceptions; and

  • Administering the estate of any decedent within assigned client group.

     

Qualifications 

The individual will have strong income tax, estate, and financial planning skills with up to 10 years of experience in private wealth banking, public accounting, private law practice, or equivalent. The individual will demonstrate strong academic credentials, including professional or graduate degree. J.D., CPA, CFP, or CFA is desirable.

 

  • Strong interpersonal skills required to work with clients and colleagues; 

  • History of successful client development and relationship management;

  • Highly motivated and a self-starter with strong organizational and communication skills;

  • Comprehensive knowledge of investment, tax, and estate planning;  

  • Excellent analytical skills and attention to detail;

  • Creative problem solver;

  • Demonstrated computer proficiencies in Microsoft Office;

  • Experience with QuickBooks, CCH Tax, Trust Portal, or WealthBox a plus.

 

Applicants should send resume to susan.gleason@piedmonttrust.com

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