Trust Investment Officer - Rockefeller Capital Management

About Rockefeller Capital Management:

Rockefeller Capital Management was established in 2018 as a leading independent financial advisory services firm. Originally founded in 1882 as the family office of John D. Rockefeller, the Firm has evolved to offer strategic advice to ultra- and high-net-worth individuals and families, institutions, and corporations from offices in 30 markets throughout the United States, as well as an office in London. The Firm oversees $133 billion in client assets as of March 31, 2024.

Position:

The Head of Trust Investments specializes in the management and oversight of the Trust Companies discretionary trust investments. This individual participates in the collaborative and team-centric approach to client servicing across RCM by interfacing with Private Advisors, Investment Advisors, Clients, and other interested parties.

Responsibilities:

• Serves as Chairperson on the RTC Trust Investment Committee.
• Responsible for the final review of all RTC TIC materials in advance of the meeting.
• Determine parameters to apply for exceptions and concentrated positions identified during the Reg 9 reviews.
• Review reports (e.g. individual equity reports, third party funds reports for public market strategies and hedge funds, private market strategy reports, etc.) provided by various RCM investment groups.
• Drafts all Investment Policy Statements.
• Completes pre-acceptance and post-acceptance review of investments of newly established accounts.
• Completes initial and annual Reg 9 reviews and work with Investment Managers to align portfolios with the applicable fiduciary investment guidelines.
• Ensure client portfolios are in keeping with goals established for the account through the Investment Policy Statement and all RTC standards and policies.
• Proactively communicate with Clients/Private Advisors to regularly review objectives.
• Works to ensure all action items identified during the initial and annual Reg 9 reviews are addressed promptly.
• Research, as necessary, and respond to management, compliance, audit and bank examiner inquiries, as requested.
• Work closely with investment personnel, both internal and external, to support trust requirements.
• Maintain strong ongoing investment knowledge and oversee all analysis of RTC investment portfolios.
• Maintain ongoing working relationship with Private Advisors Teams and Division Directors in all regions.
• Take lead on quick responses and follow up with Trust Officer, client, and prospects on all investment-related inquiries and requests.
• Responsible for following and applying the investment specific provisions of trusts applicable statutes and regulations, as well as, ensuring all KYC, AML, and other regulatory compliance standards are met.
• Communicates effectively, both orally and in writing, with clients, Private Advisors, Investment Officers and all other associates on all investment matters.
• Attend client meetings as needed.
• Attend all RCM investment related meetings to ensure RTC’s inclusion in firm wide initiatives.
• Participate in special projects as assigned.
• Master all RCM systems related to trust investment management.
• Maintain a presence in the local trust and estate professional community.
• Ensure RTC Investment Policies are current and updated as needed.
• Any other duties or responsibilities that may be assigned to this position.

Qualifications:

• Bachelor's Degree,
• 10+ years of experience in the fiduciary or trust asset management business with a high-quality institution.
• Experience with managing fiduciary investments for high net worth or ultra-high net worth individuals preferred.
• CFP, CFA a plus
• Experience with enVestnet and Wealthscape is a plus.
• Prior experience as an Investment Advisor or Portfolio Manager a plus

Skills:

• In depth product knowledge of fiduciary concepts and potential investment issues related to trust administration.
• Advanced Microsoft Office skills (Excel, PowerPoint, and Outlook)
• Strong attention to detail with excellent analytical skills
• High level of integrity, professionalism, and ability to handle sensitive information with confidentiality and discretion
• Ability to proactively approach client relationships and manage colleagues to provide positive, solution-based outcomes for clients.
• Strong presentation and communication skills (both written and verbal) for the purpose of effectively and persuasively communicating various investment strategies.
• Ability and credibility to lead internal projects.
• Knowledgeable with strong market insights through network of relationships.

Disclosure:

Rockefeller & Co. LLC, Rockefeller Financial LLC, Rockefeller Trust Company, N.A., The Rockefeller Trust Company (Delaware), Rockefeller Financial Services, Inc. and all other subsidiaries of Rockefeller Capital Management L.P. (individually and collectively, “Rockefeller”) is an equal opportunity employer and does not discriminate on the basis of race, religion, sex, gender, sexual orientation, gender identity or expression, national origin, citizenship, age, military or veteran status, marital or partnership status, caregiver status, legally recognized disability, or any other basis protected by applicable federal, state or local law (“protected characteristics”).

 

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