Estate Settlement Advisor - Commerce Trust

Estate Settlement Advisor

The main purpose of the estate settlement advisor (ESA) is to serve our clients and partner with our private client advisors (PCA's) in any decedent matters that result in Commerce Trust (CT) being appointed as personal representative or successor corporate trustee, including deaths of grantors of revocable and irrevocable trusts with Commerce Trust as trustee, or where CT has been retained by the trustee or personal representative to perform these duties in an agency relationship.

Essential functions :

• Manage an assigned portfolio of accounts through the estate settlement process of which a high percentage will be low to moderately complex in nature.
• Manage assigned portfolio of accounts with supervision.
• Participate in meetings with wealth management consultant (WMC) and private client advisor (PCA) to support ongoing development of new business opportunities that involve estate settlement.
• Participate in client meetings with PCA to support transition of responsibilities to ESA and provide overview of process for beneficiaries.
• Complete necessary due diligence and coordination of approval or declination to serve as trustee or personal representative in accordance with CT policies and procedures.
• Manage responsibilities in a way that instills confidence in CT and enhances the ability to retain business upon completion of estate settlement process.
• With supervision, interpret the governing instrument and applicable law to establish account records, including payment and fee schedules. Write to beneficiaries and co-fiduciaries to outline administrative procedures.
• Communicate with portfolio managers regarding investment objectives and liquidity needs.
• Identify, collect and secure decedent's tangible and intangible assets.
• Perform other duties as assigned.

Knowledge, skills & abilities required :

Education & experience :

Compensation range : Annual salary : $80,000 to $107,000 (amount based on relevant experience, skills, and competencies).

Location : 8000 Forsyth Blvd, Clayton, Missouri 63105.

Time type : Full time.