OverviewRegional Trust Officer in Montréal, QC
MD Physician Services
Branch Montréal QC CA
Regional Trust Officer
activities for estate and trust settlement. Core Individual Responsibilities: Estate Administration… and appraisals for real estate, household items and…
Career Level: B4
The Regional Trust Officer’s primary responsibility is to lead the client relationship and administration activities for estate and trust settlement.
Core Individual Responsibilities:
- Proactively manage relationships with family members and others during settlement of deceased clients’ estates
- Arranges to meet with beneficiaries/co-executors/co-liquidators for initial client meeting to obtain key documentation required to commence with estate settlement
- Completes an initial assessment of requirements for safeguarding and appraisals for real estate, household items and personal effects
- Liaises and consults with Senior Trust Officer (STO – Home Office)) during the estate and trust administration with assistance and support of Regional Trust Administrator, Senior Trust Administrator, Tax Officer and Estate & Trust Advisor
- Prepares initial estate documentation and related forms ensuring thoroughness, accuracy and consistency to be forwarded to Central Administration (Home Office) to commence with administration activities
- Follows relevant provincial legislation and MD policy during estate settlement process.
- Proactively communicates frequently with co-executor and beneficiaries with status updates (letter, phone or e-mail)
- Identifies matters requiring the exercise of executor/trustee discretion, and participates in the discretionary decision process by gathering relevant client information, making recommendations to Discretionary Committee, as required
- Participates in collaborative tax planning and execution of strategy with Senior Trust Officer and Tax Officer to minimise income tax owing by estate, beneficiaries or deceased
- Follows up as necessary to obtain documentation, personal information, statutory declarations, distribution instructions, tax information, releases, approvals, to ensure administration is on plan
Testamentary Trusts and Powers of Attorney:
- Prepares trust documentation and related forms ensuring thoroughness, accuracy and consistency to be forwarded to Central Administration (Home Office)
- Conduct periodic reviews with clients
- Review and approve invoices and funding requests from beneficiaries
- Prepares documentation and participates in discretionary decisions
- Proactively manage relationships with clients
- General: Network and promote MDPT services to MDPS and beneficiaries to identify new business opportunities for MDPT
- Frequent travel within territory
- Participate in in-house seminars
- Takes efficient and timely actions in an effort to meet/exceed MDPT’s client service commitments.
- Communicates regularly with MDPT Team Members both informally and formally, to ensure efficient and timely flow of information to all interested parties; conveys technical material in a manner that is understandable, verbally and in writing
- Maintain appropriate client records on information systems
- Act as backup to the Estate and Trust Advisor on technical matters, as required
Education & Experience:
- University Degree or Equivalent
- Accreditation (MTI-Personal Trust) from CSI Global Education Inc., or equivalent
- Knowledge of relevant legislation, taxes and government filing requirements regarding estates and trusts
- Strong knowledge of PC applications, including Excel and MS Word
- Five to ten years’ experience in estate and trust administration
- Strong client relationship management experience
- Detailed knowledge of trust systems and reporting
- Stewardship of the client experience.
- Strong organizational skills and a high level of attention to detail.
- Outstanding interpersonal skills – able to deal with sensitive and difficult client situations in a gracious and professional manner
- Excellent communication skills.
- Flexible and adaptable.
- Self-motivated, resourceful and takes initiative.
- Ability to work cohesively with peers and service partners
- Ability to guide and mentor others in estate and trust settlement process
An offer of employment is conditional on MD receiving satisfactory employment checks including criminal, credit, civil, regulatory (as applicable) and reference checks.
For those roles with licensing requirements, a copy of your transcript must be submitted with your application.
If you are looking for an exciting opportunity and to build a career in an innovative and dynamic organization, submit your resume by clicking on Apply Now below.
Employment Type: Full Time
Location: Montréal, QC, CA
Posted on: 2014-07-12