Senior Trust Special Assets Administrator

Application Deadline:

05/02/2024

Address:

320 S Canal Street

Job Family Group:

Business Management

The Senior Trust Special Assets Administrator is responsible for supporting the trust and estates department with special assets such as real estate, closely held business interests, loans and other illiquid assets. The candidate should have excellent communication, attention to detail and teamwork skills. An effective candidate will be a self-starter and have a desire to be in an ongoing learning environment. The hybrid position is located in BMO's U.S. headquarters in Chicago. Illinois.

• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values in all that they do.

• Serve as a subject-matter expert on real estate, closely held-business interests, promissory notes, mineral interests and other special assets.

• Provide day-to-day support to administration teams on all matters related to special assets; i.e., troubleshooting problems, working interdepartmentally with fiduciary administration, tax and legal.

• Communicate internally and externally with clients on special asset matters and provide advice-driver solutions through collaboration.

• Ensure all policies and procedures are adhered to with regard to special assets administration in trusts.

• Periodically review and audit special assets holdings in trusts for which BMO is trustee.

• Maintain proper files and documentation.

• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Bachelor's degree required.

• Typically 3-5+ years of relevant experience in trust administration or special assets valuation preferred.

• Collaboration & team skills; with a focus on cross-group collaboration.

• Able to manage ambiguity.

• Data driven decision making.

• Sense of humor, kindness, decency.

Compensation and Benefits:

$72,500.00 - $134,500.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

We're here to help

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at http://jobs.bmo.com/us/en

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.