Estate Specialist

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office.

This position provides administrative support to estate and trust accounts for the Wealth Management division of the Bank. Works closely with co-executors, beneficiaries, and outside service providers to gather necessary information regarding the estate or trust. Accounts for all financial assets, securities, and tax preparation needs. Prepares documentation and monitors the progress of the estate. Facilitates estate management for wider business unit through the administration of estate details.

• Asset Management - Prepares inventories and accounts of estate or trust collections, payment of claims, beneficiary distributions, and other elements that contribute to a wider picture of total financial assets. Collects and obtains values for life insurance or annuity policies. Assists in the valuation and tax preparation for securities, property, and other assets.
• Documentation - Sources, verifies, and maintains documentation critical to estate or trust assets. Reviews deferred business files from the Will Management database. May train other associates in the review and transfer of deferred business files.
• Business Support - Facilitates the daily administration and management of estates through a variety of support tasks. Provides associates with necessary documentation, information, and estate updates. Opens and closes accounts as appropriate.
• Collaboration - Works closely with internal business units, external financial institutions, and key parties involved in the estate throughout administrative duties. Meets with estate or trust clients as necessary to discuss estate progress.

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Bachelor's Degree and 1 years of experience in Estate or Personal Trust administration OR High School Diploma or GED and 5 years of experience in Estate or Personal Trust administration

Preferred Education: Paralegal certification License. Knowledge in the area of legal, compliance, estates and trusts, and accounting

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.