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Trust Fiduciary Officer

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Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel, where success meets success.

What You'll Be Doing

The Fiduciary Officer supports the acceptance of accounts and provides legal support to the Marketing Department, Administration Department, Investment Department and management of Stifel Trust Companies {STC}. In coordination with Senior Trust Officers, this position will have responsibility for STC regulatory issues. The Fiduciary Officer will provide complex legal advice concerning trust matters.

What We're Looking For

Review, understand and interpret language in contracts that involve STC while limiting fiduciary, regulatory and legal risks.
Review client accounts for any issues prior to acceptance.
Participate in intake functions, triage incoming and pending matters, verify the identity of customers and control persons, and complete BSA/AML risk ratings.
Review real estate transactions for current fiduciary accounts.
Interprets laws, rulings and regulations involving Stifel Trust business.
Provide legal support for Marketing, Administration, Investments, and management of STC.
Maintain state law summaries and beneficiary notification requirements.
Oversee litigation involving STC, coordinating with Stifel's Legal department and Chief Fiduciary Officer.
Coordinate response to subpoenas.
Advise financial advisors on complex client trust matters.
Perform ongoing research to ensure compliance with applicable fiduciary state and federal statutes and regulations

What You'll Bring

Solid knowledge of trust administration principles.
Advanced knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, and agency rules. Effective communication skills and able to relay information well in both written and verbal form.
Strong knowledge of the financial service industry including Federal and State chartered banks, trust companies and securities broker/dealers.
Strong knowledge of the products and services available in the investment industry as well as the methods, processes and staff of Stifel.
Solid and reliable mathematical skills.
Ability to use logic and reasoning to identify complex problems; review related information and develop options and implement solutions.

Education & Experience

Minimum Required: Juris Doctor degree
Minimum Required: 3+ years' working with fiduciary accounts

Systems & Technology

Proficient in Microsoft Excel, Word, Outlook

About Stifel

Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel’s bank and trust companies are equal opportunity employers. All candidates will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, veteran status, genetic information or any other protected characteristic under applicable law. If you would like more information regarding Equal Employment Opportunity rights and protections, please review the following information: Know Your Rights.

Stifel is an Equal Opportunity Employer.

Average salary estimate

$100000 / YEARLY (est.)

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$80000K

$120000K

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What You Should Know About Trust Fiduciary Officer, Stifel

Join Stifel as a Trust Fiduciary Officer in Saint Louis, where we pride ourselves on creating an inclusive culture that values each member of our team. As a Trust Fiduciary Officer, you will play a crucial role in supporting the acceptance of accounts and providing legal expertise to various departments, including Marketing, Administration, and Investment. Your responsibilities will encompass addressing regulatory issues, offering complex legal advice regarding trust matters, and ensuring compliance with fiduciary statutes. You’ll review contracts and client accounts, interpret relevant laws, and oversee litigation involving Stifel Trust Companies. By collaborating with Senior Trust Officers, you will help triage incoming matters and advise financial advisors on intricate client trust issues. The ideal candidate should hold a Juris Doctor degree with over three years of experience working with fiduciary accounts, a solid understanding of trust administration, and excellent communication skills. If you have a passion for the financial services industry and a knack for problem-solving, you’ll thrive in our entrepreneurial environment. At Stifel, we’re not just about numbers; we’re about making a real impact in the lives of our clients. Come discover your place in this dynamic team where success truly meets success!

Frequently Asked Questions (FAQs) for Trust Fiduciary Officer Role at Stifel

What are the responsibilities of a Trust Fiduciary Officer at Stifel?

As a Trust Fiduciary Officer at Stifel, you will manage crucial aspects of trust administration, including reviewing client accounts, providing legal support across multiple departments, interpreting laws and regulations, and ensuring compliance with fiduciary standards. This role involves complex legal advisory on trust matters, overseeing litigation, and assisting Senior Trust Officers with STC regulatory issues, making it essential for maintaining Stifel's high fiduciary standards.