Wealth Management Solutions, Trust & Estates, Trust Officer - VP

Location: Newark, DE, 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 innovation and client-focused solutions. As a Vice President Trust Officer in our Wealth Management Solutions, Trust & Estates group, you will play a pivotal role in our Global Trusts & Estates Practice, based in Newark, DE. This position involves serving high-net-worth individuals and families by administering sophisticated trust structures, providing expert guidance on estate planning, and ensuring seamless execution of wealth transfer strategies. You will work closely with our elite team of advisors to deliver tailored solutions that align with clients' long-term financial goals, leveraging JP Morgan Chase's vast resources in private banking and investment management. Your day-to-day responsibilities will include overseeing the full lifecycle of trusts and estates, from initial setup and funding to ongoing administration and final distributions. This encompasses conducting thorough reviews of trust agreements, coordinating with legal and tax professionals to mitigate risks, and preparing detailed reports on asset performance and compliance. In this client-centric role, you will build enduring relationships by offering proactive advice on topics such as irrevocable trusts, charitable planning, and dynasty trusts, all while navigating the complexities of U.S. tax codes and state-specific regulations. Your expertise will directly contribute to the firm's reputation for excellence in fiduciary services, helping clients preserve and grow their legacies. We seek a seasoned professional who thrives in a dynamic environment and is passionate about the intricacies of wealth preservation. Joining JP Morgan Chase means becoming part of a collaborative culture that values integrity, innovation, and professional growth. This role offers the opportunity to advance your career in one of the world's most respected financial institutions, with exposure to global opportunities and a commitment to work-life balance. If you have a deep understanding of trusts and estates and a drive to deliver exceptional value, we invite you to bring your talents to our team in Newark, DE.

Key Responsibilities

• Serve as a primary Trust Officer for high-net-worth clients within JP Morgan Chase's Global Trusts & Estates Practice, managing the administration of complex trusts and estates
• Advise clients on trust structuring, estate planning strategies, and wealth transfer techniques to optimize tax efficiency and asset protection
• Oversee the preparation and review of trust documents, ensuring compliance with federal and state regulations
• Collaborate with cross-functional teams including attorneys, tax advisors, and investment managers to deliver integrated wealth management solutions
• Monitor trust portfolios, conduct periodic reviews, and provide performance reporting to clients and beneficiaries
• Handle fiduciary duties such as distributions, account reconciliations, and resolution of beneficiary disputes
• Ensure adherence to JP Morgan Chase's risk management policies and regulatory requirements in all trust activities
• Develop and maintain strong relationships with external partners, including legal firms and accounting professionals
• Contribute to business development by identifying opportunities to expand trust services within the client base
• Mentor junior staff and participate in training programs to uphold the firm's standards in trusts and estates expertise

Required Qualifications

• Bachelor's degree in Finance, Law, Business Administration, or a related field
• Minimum of 7-10 years of experience in trust administration, estate planning, or wealth management within the financial services industry
• Active certification as a Certified Trust and Fiduciary Advisor (CTFA) or equivalent
• In-depth knowledge of U.S. trust laws, tax regulations, and estate planning principles
• Proven track record of managing high-net-worth client relationships and complex trust structures
• Strong understanding of fiduciary responsibilities and compliance with SEC and FINRA regulations
• Experience with trust accounting systems and financial reporting in a banking environment

Preferred Qualifications

• J.D. or advanced degree in Taxation or Estate Planning
• Prior experience at a major financial institution like JP Morgan Chase or similar
• Familiarity with international trust and estate practices for global high-net-worth clients
• Leadership experience in mentoring junior trust officers or team management
• Proficiency in estate settlement processes and probate administration

Required Skills

• Expertise in trust administration and fiduciary law
• Proficiency in estate tax planning and compliance
• Strong analytical skills for financial modeling and risk assessment
• Excellent communication and client relationship management
• Knowledge of investment principles and portfolio management
• Attention to detail in document review and regulatory reporting
• Project management abilities for handling complex cases
• Proficiency in financial software such as trust accounting systems (e.g., SEI or Advent)
• Interpersonal skills for collaborating with multidisciplinary teams
• Problem-solving acumen in resolving legal and financial disputes
• Time management to handle multiple client portfolios efficiently
• Ethical judgment in upholding fiduciary standards
• Adaptability to evolving regulatory landscapes in wealth management
• Negotiation skills for beneficiary and vendor interactions
• Leadership qualities for guiding team initiatives

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 contributions
• Paid time off including vacation, sick days, and parental leave
• Professional development opportunities through JP Morgan Chase's internal training and tuition reimbursement programs
• Employee stock purchase plan and access to financial wellness resources
• On-site fitness centers and wellness programs at select locations
• Relocation assistance for eligible roles and flexible work arrangements

JP Morgan Chase is an equal opportunity employer.