Trust Administration - Trust Officer - Vice President

Location: Saint Helier, Jersey

Job Family: Trusts & Estates

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client-focused solutions. The Trust Officer - Vice President role within our Workplace Solutions trust companies in Saint Helier, Jersey, is pivotal in delivering exceptional fiduciary services to high-net-worth individuals and institutions. As a key member of the Trusts & Estates team, you will oversee the administration of diverse trust portfolios, ensuring seamless execution of client mandates while navigating the complexities of offshore trust regulations. This position offers the opportunity to leverage JP Morgan's vast resources and global network to provide sophisticated wealth preservation strategies in one of Europe's premier financial centers. In this role, you will be responsible for the end-to-end management of trusts, from initial setup and ongoing administration to final distributions and wind-downs. Collaborating closely with investment advisors, legal experts, and compliance teams, you will ensure all activities align with Jersey's robust legal framework and JP Morgan's stringent risk management standards. Your expertise will be crucial in interpreting client needs, optimizing trust structures for tax efficiency, and safeguarding assets against market volatilities. Additionally, you will contribute to business development by identifying opportunities to enhance JP Morgan's workplace trust offerings, fostering long-term client relationships that drive sustainable growth. We seek a seasoned professional with a passion for fiduciary excellence and a commitment to JP Morgan's core values of integrity and innovation. This Vice President-level position demands not only technical proficiency in trust administration but also the ability to thrive in a dynamic, international environment. Join us in Saint Helier to advance your career while making a meaningful impact on clients' financial legacies within a supportive, high-performing team.

Key Responsibilities

• Administer a portfolio of trusts for JP Morgan Chase Workplace Solutions, ensuring compliance with Jersey trust laws and fiduciary duties
• Conduct regular reviews and distributions for trust assets, coordinating with investment teams to align with client objectives
• Liaise with clients, beneficiaries, and external advisors to provide expert guidance on trust matters
• Prepare and file trust accounts, tax returns, and regulatory reports in accordance with local and international standards
• Identify and mitigate risks in trust structures, including AML/KYC assessments and conflict of interest management
• Collaborate with cross-functional teams at JP Morgan Chase to integrate trust services with broader wealth management offerings
• Mentor junior trust officers and contribute to the development of trust administration policies
• Monitor changes in legislation and market conditions to advise on trust strategy adjustments
• Ensure accurate record-keeping and documentation for all trust activities within JP Morgan's secure platforms

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Law, or a related field
• Minimum of 7 years of experience in trust administration or fiduciary services within the financial services industry
• In-depth knowledge of Jersey trust law, UK tax regulations, and international fiduciary standards
• Professional certification such as STEP (Society of Trust and Estate Practitioners) or equivalent
• Proven track record in managing high-net-worth client portfolios and complex trust structures
• Strong understanding of anti-money laundering (AML) and know-your-client (KYC) compliance requirements
• Experience working in an offshore financial center, preferably Jersey or similar jurisdiction

Preferred Qualifications

• Advanced degree or qualification in trusts and estates, such as TEP (Trust and Estate Practitioner)
• Familiarity with JP Morgan Chase's internal systems and processes for trust administration
• Experience with workplace retirement and pension trust solutions
• Bilingual proficiency in English and French, given the Jersey location
• Prior leadership role in a trust team, supervising junior officers

Required Skills

• Expertise in trust law and fiduciary administration
• Proficiency in financial analysis and portfolio management
• Strong regulatory compliance knowledge (AML, KYC, FATCA)
• Excellent client relationship management and communication skills
• Analytical problem-solving for complex trust scenarios
• Attention to detail in documentation and reporting
• Project management for trust reviews and implementations
• Team collaboration and leadership abilities
• Adaptability to evolving financial regulations
• Technical proficiency in trust administration software and Microsoft Office Suite
• Risk assessment and mitigation expertise
• Interpersonal skills for stakeholder engagement
• Time management in a high-volume environment
• Ethical decision-making in fiduciary roles

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous employer matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development opportunities, including tuition reimbursement and access to JP Morgan's learning academy
• Employee stock purchase plan and financial wellness programs
• Global mobility support for career advancement within JP Morgan Chase
• Wellness initiatives, including gym memberships and mental health resources

JP Morgan Chase is an equal opportunity employer.