1+ months

Trust Administrator

Seattle, WA 98104
Job Description: At Perkins Coie Trust Company (PCTC), we look for self-motivated individuals dedicated to providing value and superior services and, above all, have a high degree of integrity and enthusiasm for their work. We have created a company culture based on collaboration, devotion to serving our clients, and mutual respect. Get great health insurance, tuition reimbursement, and paid sabbaticals. Perkins Coie Trust Company is committed to advancing diversity and inclusion both within the firm and throughout our collective communities. GENERAL PURPOSE Serve as Trust Administrator for Perkins Coie Trust Company in all aspects of the administration of trusts, including life insurance trusts, estates, investment agencies, and custody accounts for the company. Provide trust administrative support to the Chief Trust Officer and the trust account administration team. This position requires in-office work three days per week. ESSENTIAL FUNCTIONS These essential functions are primary job duties that incumbents must be able to perform unassisted or with some reasonable accommodation. Support the administration team in handling the opening, settlement, and closing of estates and all aspects of the administration of trusts for the company, ensuring accuracy, timeliness, and adherence to appropriate regulations, including monitoring billing and collection of annual fees. Manage all aspects of irrevocable life insurance trusts, including: Contacting clients regarding gifts to trusts. Depositing funds into trust accounts. Issuing Crummey letters and obtaining signatures. Paying insurance premiums. Providing clients with insurance reports. Noting gift tax consequences. Coordinating with insurance agents regarding policy changes and questions. Facilitating the surrender of policies when required and coordinating the distribution of proceeds in accordance with the trust agreement. Monitoring billing and collection of annual fees. Assisting with periodic reviews of policy viability. Field client requests regarding cash receipts, fees, and statement questions. Support officers in problem resolution. Manage the cash needs for client accounts (including all PC Foundation activity). Assist in the collection of tax records as needed by the tax preparer. Provide clients or their accountants with tax ledgers and other pertinent tax information. Coordinate the review, signing, and timely filing of trust tax returns. Set up, track, and pay estimated tax payments. Coordinate and provide client information with third parties on a regular basis (i.e., trustees, attorneys, and CPAs). Assist in preparation for client meetings. Administer the setup, maintenance, and closing of client accounts on the trust accounting system. Prepare client correspondence and assist in mailing statements, checks, and other client documents on an as-needed basis. Organize electronic files and file folders for PCTC in the firms Document Management System (DMS), including official client records in keeping with the record retention policy as well as phone coverage. Provide special project support as required. Support financial planning functions. Compile marketing kits for prospect conversations. Provide backup support as needed. SPECIFIC SKILLS REQUIRED Excellent verbal and written communication skills. A proactive personality interested in growing professionally. Good organizational skills and high attention to detail. Working knowledge of Microsoft Office applications, including Outlook, Word, and Excel. Familiarity with general database concepts. Sufficient intellectual curiosity to provide motivation to learn new functions. SPECIFIC SKILLS PREFERRED Familiarity with trust or investment-related functions and systems. EDUCATION AND EXPERIENCE Bachelors degree or Associate Degree and a preferred minimum of three years of work experience. A general understanding of finance and tax is a plus. This position may be filled in the following area(s); the compensation range in these area(s) is listed below and depends on qualification and experience. Perkins Coie may provide a discretionary bonus annually, and information regarding benefits can be found here. Washington State compensation range: $78,820 to $118,720 annually #LI-Hybrid Perkins Coie understands your career is about choices, not trade-offs. We're dedicated to providing an atmosphere that encourages you to pursue your definition of success. Click HERE to learn more. Please click HERE for more information. Perkins Coie is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, age, national origin, veteran status, marital status, sexual orientation, gender identity, disability or any other category prohibited by local, state or federal law. This policy applies to all aspects of employment, including recruitment, placement, promotion, transfer, demotion, compensation, benefits, social and recreational activities and termination. Learn more HERE Read the full 2022 report HERE Learn more HERE Learn more HERE Learn More HERE
Posted: 2023-02-19 Expires: 2023-03-27

Perkins Coie understands your career is about choices, not trade-offs. Named one of the country's "100 Best Places to Work For" by FORTUNE magazine for 13 consecutive years, we provide an exceptional foundation on which to continue or expand your practice. During the past three years, we have hired more than 200 lateral attorneys firmwide at all experience levels. Our attorneys have broad and diverse backgrounds both within and outside the practice of law. By focusing on outstanding client service, superior legal work and generous pro bono and community involvement opportunities, we're dedicated to providing an atmosphere that encourages you to pursue your definition of success--both inside and outside the office.

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Trust Administrator

Perkins Coie LLP
Seattle, WA 98104

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