Job Description

You will oversee the administration of the trust. When a terminating event occurs, such as a death or revocation, the responsibility for the settlement of the trust is transferred to the Trust Settlement Group and then assigned to a Settlement Officer. You will assume the primary responsibility for the settlement of a trust including daily interaction with clients, internal partners, and outside intermediaries. Job Responsibilities:

• You will oversee the settlement of the trust, including distributions and coordination with investments, tax and operations.
  • Interpret and apply the terms of the governing trust instrument to identify the individuals entitled to the funds.
  • Determine the appropriate form of settlement to adequately protect the Bank, including the review of legal documents and accountings. Work with internal and/or trust counsel to resolve any legal issues that may arise.
  • Communicate with interested parties. Address questions raised by remaindermen, co-trustees, trust counsel, counsel for remaindermen, and financial advisors for remaindermen.
  • Work with remaindermen on any planning issues that may arise.
  • Identify and avoid or minimize any unusual risk that might be incurred in connection with the terminating event consistent with applicable policies and procedures.
  • Oversee investment decisions, including working with Investors.
  • Work with JPMC\'s tax department and trust counsel to resolve tax issues, including fiduciary income taxation, estate taxation, and Generation Skipping Tax.
  • Identify and pursue potential cross-selling opportunities working with Trust Officers, Bankers and Investors.
• Participate on projects relating to Trust & Estates internal practices and procedures.
• Participate in other projects and assignments as needed.

Required Qualifications:

• Relevant years of trust administration or settlement experience with direct client interaction.
• Bachelor\'s Degree and JD preferred.
• Technical Knowledge - strong understanding of fiduciary, legal, accounting, tax and investments concepts
• Problem Solving/Risk Management - takes initiative, decisive, accountable, exhibits critical analysis and judgment
• Client Servicing - client knowledge, gains the trust and confidence of clients
• Teamwork/Personal Effectiveness - clear and concise communication, time management, adaptability, ability to delegate, coach and train
• Cross Selling

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world\'s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. 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. In accordance with applicable law, we make reasonable accommodations for applicants\' and employees\' religious practices and beliefs, as well as any mental health or physical disability needs. The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment. As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm\'s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm\'s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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. Additional details about total compensation and benefits will be provided during the hiring process. Equal Opportunity Employer/Disability/Veterans Base Pay/Salary
New York,NY $85,500.00 - $150,000.00 / year