Wealth Management Solutions, Trust & Estates, Trust Officer - VP
Company: JPMorganChase
Location: Newark
Posted on: April 2, 2026
|
|
|
Job Description:
Description The Global Trusts & Estates Practice is an integral
part of the services we offer to clients. With over 170 years of
experience in serving as a corporate fiduciary for families, it is
important that our Trusts and Estates services are delivered by the
most capable people, with technical experience as well as the
ability to interact well with a variety of types of families and
individuals. When J.P. Morgan is appointed as corporate trustee of
a trust, whether created by a client during their lifetime or upon
their death through a provision in their will, it is the Trust
Officer's role to oversee the administration of the trust. Job
Summary As a Trust Officer VP in Wealth Management Solutions, Trust
& Estates, you will be an integral part of our Global Trusts &
Estates Practice. You will oversee the administration of trusts,
analyze trust documents for legal, tax, administrative and
investment issues, and develop relationships with beneficiaries and
advisors. You will also partner with Wealth Advisors for new trust
business and cross-selling of JPM products/services. Your role will
be crucial in maintaining our reputation as a leading global
financial services firm. Job Responsibilities Analyze trust
documents for legal, tax, administrative and investment issues and
coordinate delivery of services Make recommendations regarding how
the Bank shall exercise discretionary powers it has as trustee
Oversee investment decisions, including working with investors to
ensure that the trust's investment objective is appropriate for the
needs of the trust and applicable fiduciary law and that the trust
is invested in accordance with its investment guidelines (Mandate)
Work with Tax Officers and trust counsel to resolve tax issues
Address questions raised by beneficiaries, co-trustees and their
advisors Work in a team-based environment Develop relationships
with beneficiaries and advisors in order to have appropriate
knowledge to carry out the grantor’s purposes and meet the needs of
the beneficiaries. Trust Officers have responsibility to maintain
current information on beneficiaries and their changing needs and
circumstances in order to prudently carry out the firm’s fiduciary
duties and to provide superior client services Partner with Wealth
Advisors with respect to the vetting and pricing of new trust
business, including developing a full understanding of the purposes
of the trust, the nature of JPM’s role, the risks inherent in the
structure and underlying assets, and the client’s expectations
Cross-selling of JPM products/services; maintain and develop
strategies for increasing business with current clients;
professional advisor cultivation Required Qualifications, Skills
and Capabilities Bachelor’s Degree required In-depth knowledge of
all fiduciary products and services, including all legal, tax and
regulatory requirements applicable to fiduciary relationships
Minimum of 7 years of relevant experience focused in the Trust
business; either at a corporate fiduciary or a law firm
Comprehensive knowledge of trust law, gifting techniques, income,
transfer, and generation skipping taxation, with ability to apply
that knowledge to client specific planning exercises and account
administration Preferred Qualifications, Skills and Capabilities
MBA or other advanced degree is a plus; J.D. preferred Knowledge of
internal procedures involving distributions, account maintenance,
account opening/closing, Investment Systems and Annual Reviews, and
management of overdrafts - is a plus
Keywords: JPMorganChase, Passaic , Wealth Management Solutions, Trust & Estates, Trust Officer - VP, Accounting, Auditing , Newark, New Jersey
