Wealth Management, Trust Administrator, New York

Job Responsibilities Technical and Risk Management Work with the Account Opening Group to open trust accounts. Interpret the governing instrument and applicable law to ensure the proper set‑up of account records, including payments, fee schedules and tax records. Communicate with beneficiaries and co‑trustees to outline administrative procedures. Respond to client issues, anticipate client needs, and prepare for and participate in client meetings with the Trust Officer. Work with the Tax Officers and counsel on income, gift, estate, and generation skipping taxes for the trust/estate and its beneficiaries. Respond to requests from beneficiaries for discretionary distributions. Prepare memoranda supporting recommendation regarding how the Bank shall exercise discretionary powers it has as trustee. Confer with co‑trustee (if any) to obtain their approval. Coordinate with Trust Officer on the communication of the decision to client and follow‑up action on the request as necessary. Handle ongoing day‑to‑day administration of accounts, and proactively manage account base in an effort to avoid and minimize service and operational issues. Oversee the work performed by various operational groups. Identify risk that might be incurred in connection with a trust, consistent with any applicable policies and procedures governing the risk in question. Utilize risk management tools, such as the overdraft report, daily transaction report, Administrative Review, Holistic Review and the AAR Variance Report to ensure that all exceptions are properly addressed and kept to a minimum. Communicate with Investors regarding investment matters and liquidity needs. Handle departmental projects relating to accounts and special assets. Participate on various committees as needed. Client Relationship Management Actively participate in dealing with interested parties and develop relationships with income beneficiaries, co‑trustees and intermediaries in order to have appropriate knowledge to carry out the grantor's purposes and meet the needs of the beneficiaries. The Trust Administrative Officer is responsible for ensuring appropriate steps are taken to minimize risk, including canceling payments and statements, where appropriate, and obtaining necessary documents for the Settlements group. Required Qualifications, Skills and Capabilities Bachelor's degree required. A minimum of 2 years experience in the trust and estates industry. Experience in the administration and support of trusts including general understanding of fiduciary products and concepts, including legal, tax and investments knowledge. Problem Solving/Risk Management – takes initiative, decisive, accountable, exhibits critical analysis and judgment. Client Servicing – client knowledge, client relationships, proactive communication. Teamwork/Personal Effectiveness – clear and concise communication, time management, adaptability to delegate, coaching and training. Cross Selling and Retention skills. Strong computer skills including proficiency with trust accounting systems. Preferred Qualifications, Skills and Capabilities Experience with JPMorgan fiduciary platform a plus. Advanced degree such as JD, industry certification such as CTFA or paralegal certificate, with paralegal experience in trust and estates practice preferred. Base Pay / Salary New York, NY $110,000.00 – $160,000.00 / year Benefits We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission‑based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on‑site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans. #J-18808-Ljbffr JPMorgan Chase