Assistant Trust Officer, Associate

About the Role

The Assistant Trust Officer (ATO) administers trusts, estates, and other fiduciary accounts for high net worth clients of Goldman Sachs Private Wealth Management. This role is based in the Wilmington, Delaware office.

Key Responsibilities

• Administer a book of fiduciary accounts while maintaining the highest service and fiduciary standards.
• Interpret and understand the trust and related documents governing each account, utilizing senior staff, and internal and external counsel as necessary.
• Prepare account regulatory reviews and discretionary distribution requests.
• Coordinate and oversee tax preparation on accounts with the tax compliance service provider.
• Coordinate the investment process with Trust Company investment officers and Private Wealth Advisors.
• Coordinate client management with the primary relationship manager (Private Wealth Advisor).
• Attend client conference calls and meetings.
• Participate in internal and external marketing efforts.
• Interact with client attorneys and advisors.

Requirements & Tech Stack

• Bachelor's degree required.
• Law degree is a strong plus.
• 0 – 5+ years of experience administering trusts and/or estates.
• CTFA designation is a plus.
• Understanding of "Regulation 9" requirements and core concepts affecting fiduciary administration is helpful.
• Understanding of core concepts of estate planning is helpful.
• Basic understanding of the fiduciary investment process is helpful.
• Strong team orientation.
• Ability to work in a fast-paced environment and think clearly under pressure.
• Self-motivated and able to work in an autonomous, yet collaborative environment.
• Strong verbal and written communication skills.
• Strong organizational and interpersonal skills.
• Commitment to excellence and a high level of integrity.