Location: In-office position in our McLean VA branch.
TCV Trust & Wealth Management (TCV) is an employee-owned, independent trust company that provides asset management, trust administration, and estate services to individuals, families, nonprofits, and corporations. TCV has offices in Richmond, Williamsburg, Roanoke, McLean and Knoxville, TN. We excel at providing the highest level of care for our clients’ unique individual needs. Our commitment to providing unparalleled personal service is well-known in our marketplace.
We are seeking a Client Administration Officer or Vice President of Client Administration (title commensurate with experience) to join our team in McLean, VA.
The primary role of the Client Administration Officer to manage and supervise the administration of assigned accounts, develops new business and may work with or support more experienced advisor.
Principal Job Duties and Responsibilities:
- Manage trust accounts by analyzing and studying trusts, wills and other instruments, to determine the duties of the company.
- Manage IRA entities, Investment Accounts & Estates. Work with clients and attorneys to ensure that clients’ estate plans are up to date.
- Monitor investment allocations, making sure they are in line with the client’s needs and goals.
- Review accounts to understand and address tax issues.
- Supervise office staff in the handling of administrative duties related to the accounts being managed
- Arrange for the handling and protection of assets or other business interests, including assembly, appraisals, evaluations and transfers.
- Oversee the set up and documentation of new accounts in the trust accounting system. Determine and implement payment schedules.
- Maintain contact with clients. Correspond with clients, co-executors, guardians and others to address inquiries, requests, complaints or other matters related to the client’s account.
- Make court appearances at audits or other proceedings. Deal with realtors, attorneys, agents and others regarding trust assets and related business.
- Manage estate settlements, including working with beneficiaries to manage and distribute assets.
- Develop new business and confer with potential clients.
- Advise and consult with other officers on complex administration issues and problems.
TCV is focused exclusively on wealth management and guided solely by our one-on-one client centered approach. We share our experiences and expertise and make available quality solutions to achieve our client’s specific needs.
Qualifications:
- Undergraduate degree required.
- Significant trust administration experience. Incumbents must be able to manage even the most complex types of accounts and are trusted by the Management to make critical decisions independently.
- Office based, 8:30am-5:00pm
Benefits of the Job:
- Pay in the range of $ 93,150 – 154,100, offer commensurate with experience.
- Majority employee-owned, ESOP eligibility after one year of service.
- Comprehensive benefit package.
- Strong company culture that supports community and charitable organizations.
NOTE: The Senior Client Administration Officer position differs from above in the level of judgment and independent decisions.
TCV is an Equal Employment Opportunity employer.
This description is not intended to cover all the duties of a single job. Additional duties may be assigned, or duties may be reassigned at any time and at the discretion of management.