Wealth Management Solutions, Trust & Estates, Trust Administrator VP

Location: Summit, NJ, United States

Job Family: Trusts & Estates

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of delivering innovative solutions to our clients. The Wealth Management Solutions group within our Consumer & Community Banking division is seeking a seasoned Trust Administrator VP to join our Trusts & Estates team in Summit, NJ. In this pivotal role, you will play a key part in administering high-net-worth client trusts, ensuring seamless execution of fiduciary responsibilities while upholding the highest standards of integrity and client service. With a focus on complex estate planning and trust management, you will support JP Morgan's commitment to helping clients preserve and grow their wealth across generations. As a Trust Administrator VP, your primary focus will be on the day-to-day administration of diverse trust structures, including revocable living trusts, irrevocable trusts, and charitable foundations. You will collaborate closely with internal teams such as investment advisors, tax specialists, and legal counsel to navigate regulatory landscapes, optimize asset distributions, and mitigate risks. Responsibilities include preparing detailed fiduciary reports, monitoring compliance with federal and state laws, and providing strategic advice on estate settlement processes. Leveraging JP Morgan's robust technology platforms, you will ensure accurate record-keeping and timely client communications, all while contributing to the firm's reputation as a trusted partner in wealth preservation. This position offers an exciting opportunity to advance your career in a dynamic environment at one of the world's most admired financial institutions. Ideal candidates bring a blend of technical expertise in fiduciary products and a client-centric approach, with the ability to thrive in a fast-paced, collaborative setting. Join JP Morgan Chase and be part of a team that empowers clients to achieve their long-term financial goals while fostering professional growth and innovation in the trusts and estates sector.

Key Responsibilities

• Administer and oversee a portfolio of trusts and estates, ensuring compliance with legal and regulatory requirements
• Collaborate with clients, attorneys, and advisors to execute trust distributions and amendments
• Monitor trust investments and coordinate with JP Morgan's investment teams for optimal performance
• Prepare and review fiduciary accountings, tax filings, and reporting documents
• Provide guidance on estate planning strategies, including wills, powers of attorney, and charitable trusts
• Resolve complex issues related to trust beneficiaries and asset management
• Maintain accurate records in JP Morgan's proprietary systems and ensure data integrity
• Support business development by contributing to client proposals and relationship building
• Stay updated on changes in fiduciary laws and implement necessary process improvements
• Mentor junior staff and contribute to team training on trust administration best practices

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Law, or a related field
• 5+ years of experience in trust administration, fiduciary services, or wealth management
• In-depth knowledge of trust laws, regulations, and fiduciary principles
• Experience managing complex trust portfolios and estate planning documents
• Strong understanding of tax implications related to trusts and estates
• Proven track record in client relationship management within financial services
• Certification such as CTFA (Certified Trust and Fiduciary Advisor) or equivalent

Preferred Qualifications

• Advanced degree (JD or MBA) with focus on estate planning or taxation
• Experience working at a major financial institution like JP Morgan Chase
• Familiarity with JP Morgan's wealth management platforms and tools
• Knowledge of international trust structures and cross-border regulations
• Prior leadership experience in trust operations or team supervision

Required Skills

• Trust administration and fiduciary accounting
• Knowledge of U.S. trust laws and regulations (e.g., Uniform Trust Code)
• Tax compliance and reporting for estates and trusts
• Client relationship management and communication
• Analytical problem-solving for complex financial scenarios
• Proficiency in financial software and JP Morgan's internal platforms
• Attention to detail in document review and record-keeping
• Risk assessment and compliance monitoring
• Team collaboration and leadership
• Time management for multiple client portfolios
• Understanding of investment principles and asset allocation
• Ethical decision-making in fiduciary roles
• Data analysis using Excel and financial modeling tools
• Negotiation skills with legal and advisory professionals
• Adaptability to evolving regulatory environments

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness initiatives at JP Morgan locations
• Global mobility opportunities within JP Morgan Chase's network

JP Morgan Chase is an equal opportunity employer.