Executive Trust Officer – Indigenous Trusts
CIBC in Calgary, AB
We're on a mission to build the relationship-focused bank of the future and we're looking for the passionate collaborators, innovators, advisors, and leaders who can get us there. Our distinct culture is built on a shared commitment to do what's right for our clients, our people, and our communities, and we strive for excellence in everything we do. Because life at CIBC is not only what you do, but how you do it.
To learn more about CIBC, please visit CIBC.com
What You'll Be Doing
The Executive Trust Officer is responsible for the ongoing account management and administration of Indigenous trusts. This involves partnering with a specialized team of professionals within Commercial Banking and Wealth Management dedicated to working with Indigenous clients.
Primary accountability for the timely, accurate, and professional administration of large and complex Indigenous trust accounts. Identifies and mitigates account risks while adhering to all CIBC Trust Policies & Procedures, including cash management, fee collection, account opening, etc.
How You'll Succeed
- Collaboration - Develop and maintain a strong partnership with the Indigenous Markets Team in order to provide excellent client service. Effective and open communication is critical to ensure parties are informed of key activities, milestones and deliverables. Partner effectively with internal experts from the Investment Management and Tax Department, to provide oversight and guidance on client investment and tax issues. Engages external professionals as required. Supervises account investments to ensure consistency with account objectives, constating documents and legislation.
- Trust & Estate Acumen - Ensure the onboarding and account management aligns with the unique needs of Indigenous clients and the characteristics of Indigenous Trusts. Establish effective tracking, monitoring and compliance with the Trust Agreement and responsible for the resolution of all operational, technical and discretionary issues encountered in the management of the Trust. Assist in developing standards in administration and vetting new and/or changes to policies and procedures. Optimizes account administration by identifying and implementing process improvements.
- People Management - Set appropriate context when assigning work to ensure that individuals' roles support the achievement of the business unit's priorities and CIBC's overall goals. Create a positive work environment and being an effective role model by championing CIBC's mission, vision and values. Ensure compliance with policies, standards, guidelines and controls by applying the policies and controls fairly and consistently so employees understand what to expect
Who You Are
- Estate & Trust Industry experience required (8-10 years preferred).
- Expertise in the administration of Indigenous Trusts.
- MTI/TEP designations are an asset.
- Ability to motivate and develop others, and to inspire results in others.
- Well-developed communication skills sufficient to interact effectively with partners and professionals.
- Exceptional writing skills sufficient to prepare correspondence containing detailed descriptions, explanations and specialized Trust terminology.
- Detailed knowledge of accounting and investing sufficient to administer a range of complex Trust Accounts.
- Well-developed organizational skills, particularly the ability to prioritize competing demands.
- Well- developed problem solving skills sufficient to create unique approaches and solutions to resolve complex issues within required legal and fiduciary requirements
- Continuous improvement agent and advocate who facilitates the modernization of processes on a pro-active basis.
- Highly proficient in Microsoft Office software applications (e.g., Excel, Word, PowerPoint).
- Values matter to you. You bring your real self to work and you live our values - trust, teamwork and accountability.
What CIBC Offers
At CIBC, our people are our greatest asset. You'll become part of a diverse community that acknowledges everyone's unique talents, and empowers teams to do what's right for the client, and to do it well. As part of our team, you will:
- Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home
- Connect: Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity
- Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training
- Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan
What You Need to Know
- CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation during the application or interview process, please contact Mailbox.email@example.com
- You need to be legally eligible to work in Canada at the location(s) specified above and, where applicable, must have a valid work or study permit
- This is a regular full time role with a schedule of 37.5 hours each week.