Private Bank - Trust Administrator - Associate Job Listing at J.P. Morgan in NY, New York

Finance

J.P. Morgan Private Bank Trust Administrator - Associate J.P. Morgan is a global leader in asset and wealth management services. We serve four distinct client groups through two businesses: institutions and retail clients through J.P. Morgan Asset Management; and high and ultra high net worth clients through the Private Bank. With assets under supervision of $1.7 trillion and assets under management of $1.2 trillion, we are one of the largest asset and wealth managers in the world. J.P. Morgan Private Bank, which includes both the High Net Worth and Ultra High Net Worth businesses, offers individuals and families personalized, comprehensive financial solutions that integrate sophisticated investment management, capital markets, trust and banking capabilities and was recognized in February 2010 by Euromoney as the#1 Private Bank for High Net Worth and Ultra High Net Worth individuals in the United States. We have more than 1,800 client advisors in 120 offices in 11 countries and 25 states. As a Trust Associate in the Private Bank, you will be responsible for the support and retention of ultra high net worth client relationships. You will support Trust Officers who handle a revenue producing books of business and manage the daily administration of trust accounts in accordance with the firm's responsibilities as fiduciary. Specific Duties will include:

• Provide superior client service
• Respond to client requests and issues and anticipate client needs.
• Partner with Trust Officers to handle distributions, account maintenance and reviews, and management of overdrafts
• Provide telephone coverage for team.
• Gather and input information related to client profiles and requests.
• Prepare reports and presentations for client meetings.
• Oversee work performed by various partner groups to ensure the smooth operation of assigned trust accounts.
• Initiate and/or approve internal workflows to update name address records, standing payment instructions and money transfers, such as wires and checks.
• Assist Trust Officer with account reviews.
• Monitor overdraft reports and communicate with Investors, as necessary.
• Special projects that may arise from time to time.