Senior Trust Officer at Raymond James

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

19 Apr, 26

Salary

120000.0

Posted On

19 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Estate Management, Trust Administration, Client Relationship Management, Critical Thinking, Analytical Skills, Communication Skills, Collaboration, Compliance, Risk Management, Policy Development, Problem Solving, Financial Statement Preparation, Audit Participation, Discretionary Decision Making, Legal Knowledge, High Net Worth Client Interaction

Industry

Financial Services

Description

At Raymond James, we develop, we collaborate, we decide, we deliver, and we improve together. Solus Trust Company (STC) is an affiliate company of Raymond James Ltd. (RJL), Canada’s leading independent investment dealer offering high quality investment products and services to Canadians seeking customized solutions to their wealth management needs. STC provides personal estate, trust, and agency services to clients of RJL, its correspondent services clients, as well to clients referred externally via Centers of Influence (COIs) and other financial institutions. Senior Trust Officer How does the role impact the organization? Working within the Trust Services Team, the Senior Trust Officer will report to the AVP, Trust Services. You are a goal-oriented team player capable of managing a book of estate and trust accounts, while acting as a role model to the Trust Officers and Trust Administrators on the team. You will ensure the ongoing delivery of premium service to our partners and their clients while simultaneously building and maintaining strong relationships with your internal RJL and external COI partners. What will your role be responsible for? Build strategic relationship with COIs including lawyers, accountants, financial advisors with a goal of enhancing their knowledge and willingness to work in collaboration with our trust business for the benefit of their HNW clients; Always act in the best interest of the clients to provide the appropriate level of service and guidance to prospective clients and their families on all aspects of account (fiduciary and agent) administration; Provide delivery/oversight of timely, accurate, and professional administration of complex estate, trust, and power of attorney accounts, as well as fee-based estate, trustee, and power of attorney support services; Properly exercise the discretion afforded in the will, trust agreement, or power of attorney documents for clients where STC has been granted authority; Manage account-owned corporations, which may include director’s resolutions, shareholders’ meetings, coordinating the preparation of financial statements, etc.; Act in accordance with STC policy and procedure and ensure that all new business is reviewed and approved according to policy; Collaborate with compliance, operations, legal, and other related lines of business to resolve system, administrative, risk management, and legal issues pertaining to account administration; Participate in audit activities including business line oversight, internal audit, and regulatory audits and examinations where required; Participate in the review and discussion of discretionary decisions on behalf of STC; and Participate in the creation, modification, and the implementation of policy and procedures where required; and Other duties and projects as assigned. What can you expect from us? Our most important investment is in people. Upon eligibility, RJL offers flexible workstyles, a competitive compensation, and benefits package. Our benefits range from health benefits, RRSP matching program, employee stock purchase plan, paid time off, volunteer days, discretionary bonuses, tuition reimbursement, and many more! We also support internal promotion and community involvement. What do we expect from you? Minimum 5 years of estate and trust industry experience; Demonstrated experience in effectively managing estate, trust, and power of attorney accounts; Experience working with HNW clients and their wealth advisors; Strong communication skills and ability to work collaboratively and independently; Exceptional critical thinking and analytical skills to identify and resolve diverse, complex, and ambiguous issues in a timely and practical manner; In-depth knowledge of estates, trusts, and powers of attorney for property laws; University degree in related field; and Intra-provincial travel may occasionally be required. Licenses/Certifications Membership with the Society of Trust & Estate Practitioners, TEP designation. We encourage our associates at all levels to: Grow professionally and inspire others to do the same; Work with and through others to achieve desired outcomes; Make prompt, pragmatic choices and act with the client in mind; Take ownership and hold themselves and others accountable for delivering results that matter; and Contribute to the continuous evolution of the firm. Salary Range: $90,000 - $120,000 annually, in addition to competitive performance bonuses / incentives. Actual compensation will be determined based on skills, experience, internal equity, and other job requirements. We may use automated or AI-enabled tools to support parts of our recruitment and screening process, including screening, assessing or selecting applicants where applicable. These tools help us review applications efficiently, but they do not replace human decision-making. At Solus Trust Company, we honor, value, respect the uniqueness, experiences, and backgrounds of all of our associates. When associates bring their best authentic self, our organization, clients, and communities thrive. It is part of our people-first culture. Our company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. We demonstrate our commitment to ensuring equal opportunities for all candidates. To request accommodations, candidates are instructed to contact Human Resources via email at recruitment@raymondjames.ca. By reaching out to this email address, candidates can communicate their specific requirements and discuss the necessary accommodations they may need to participate fully in the recruitment process.

Responsibilities

The Senior Trust Officer will manage a book of estate and trust accounts while ensuring premium service delivery to clients and partners. They will build strategic relationships with COIs and oversee the administration of complex accounts.