Trust Settlement Officer VP
Not Disclosed•Full-TimeOn-site
location_on342, West 30th Street, Chelsea District, Manhattan Community Board 4, Manhattan, New York County, New York, 10001, United States
About the Team
J.P. Morgan Asset & Wealth Management is a global leader in investment and wealth management, managing client assets of $2.8 trillion. Serving institutions, high-net-worth individuals, and retail investors across every major market, the division offers comprehensive investment management across all major asset classes. For individual investors, the business provides retirement products, brokerage, and banking services, including trusts and estates, loans, mortgages, and deposits.
About the Role
As a Settlement Officer VP in Wealth Management Solutions, Trust & Estates, you will oversee the administration of the trust, assuming primary responsibility for its settlement. This role serves as the central hub for daily interactions with clients, internal partners, and outside intermediaries. You will engage in complex problem-solving and risk management activities, interpreting trust instruments to identify entitled individuals and determining the appropriate form of settlement to protect the Bank. The position offers a dynamic environment where you will work with a diverse team to resolve legal and tax issues, coordinate with investment and operations teams, and identify cross-selling opportunities.
Hiring Process
Candidates are encouraged to apply through the J.P. Morgan careers portal. The hiring process typically involves an initial screening, followed by interviews with hiring managers and team members to assess technical expertise and cultural fit. Specific details regarding the interview timeline and format will be communicated by the recruiting team upon application review.
Our Culture & Commitment
JPMorgan Chase values the diverse talents of its global workforce as directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, age, marital or veteran status, pregnancy, or disability. We also make reasonable accommodations for applicants' and employees' religious practices, beliefs, and mental health or physical disability needs.
Work location
Work model: On-site
342, West 30th Street, Chelsea District, Manhattan Community Board 4, Manhattan, New York County, New York, 10001, United States
New York, New York
Key Responsibilities
- check_circleInterpret trust instrument terms to identify individuals entitled to funds
- check_circleCommunicate with remaindermen, co-trustees, and financial advisors to address questions
- check_circleWork with remaindermen on planning issues that may arise
- check_circleIdentify and pursue cross-selling opportunities with Trust Officers and Bankers
- check_circleParticipate in projects relating to Trust & Estates internal practices and procedures
- check_circleOversee trust settlement including distributions and coordination with investments, tax, and operations
- check_circleReview legal documents and accountings to determine appropriate settlement forms
- check_circleResolve tax issues including fiduciary income, estate, and Generation Skipping Tax
- check_circleIdentify and minimize risks incurred during the terminating event
Requirements
- verified7+ years of trust administration or settlement experience
- verifiedBachelor's degree required
- verifiedJD preferred
- verifiedStrong understanding of fiduciary, legal, accounting, tax and investments concepts
Nice to Have
JD preferred
Benefits & Perks
check_circleComprehensive health care coveragecheck_circleOn-site health and wellness centerscheck_circleRetirement savings plancheck_circleBackup childcareTuition reimbursement
Similar Job Opportunities
Skills, education and keywords
Skills: Trust Administration, Settlement, Fiduciary, Legal, Accounting, Tax, Investments, Risk Management, Client Servicing, Cross Selling.
Education: Bachelor's degree required; JD preferred.
Frequently asked questions about Trust Settlement Officer VP at JPMorganChase
What does a Trust Settlement Officer VP at JPMorganChase do?expand_more
In this Trust Settlement Officer VP at JPMorganChase role, you will interpret trust instrument terms to identify individuals entitled to funds; communicate with remaindermen, co-trustees, and financial advisors to address questions; work with remaindermen on planning issues that may arise; and identify and pursue cross-selling opportunities with trust officers and bankers.
What are the requirements for this Trust Settlement Officer VP role?expand_more
To qualify for the Trust Settlement Officer VP at JPMorganChase position, applicants should have: 7+ years of trust administration or settlement experience; Bachelor's degree required; JD preferred; and Strong understanding of fiduciary, legal, accounting, tax and investments concepts.
Where is the Trust Settlement Officer VP role at JPMorganChase located?expand_more
Trust Settlement Officer VP at JPMorganChase is based in 342, West 30th Street, Chelsea District, Manhattan Community Board 4, Manhattan, New York County, New York, 10001, United States. This is a on-site role.
Is this Trust Settlement Officer VP job remote, hybrid, or on-site?expand_more
JPMorganChase has listed this Trust Settlement Officer VP role as on-site.
How much experience is required for this Trust Settlement Officer VP role?expand_more
Trust Settlement Officer VP at JPMorganChase typically requires 7+ years of relevant experience at the senior level.
What skills do you need for the Trust Settlement Officer VP role at JPMorganChase?expand_more
Key skills for Trust Settlement Officer VP at JPMorganChase include Trust Administration; Settlement; Fiduciary; Legal; Accounting; Tax; Investments; and Risk Management.
What education is required for Trust Settlement Officer VP at JPMorganChase?expand_more
Educational requirements for this role: Bachelor's degree required; and JD preferred.
What category does the Trust Settlement Officer VP role belong to?expand_more
Trust Settlement Officer VP at JPMorganChase is part of the accounting & finance job category on Recrutus.