Deputy Chief Fiduciary Officer

Reporting to the Chief Fiduciary Officer, this position will provide internal legal support for the proper administration of Chevy Chase Trust's fiduciary appointments as well as perform reviews of fiduciary account administration to ensure compliance with internal policies and procedures. The position will work closely with the Chief Fiduciary Officer to ensure that the Chevy Chase Trust consistently fulfills its fiduciary duties in accordance with applicable law; regulatory expectations; and the highest standards of prudence, loyalty, and care.

Responsibilities

Support the activities of the Chief Fiduciary Officer in all legal matters with a primary focus on the proper administration of the firm's fiduciary appointments; Review governing documents to provide a thorough fiduciary risk assessment as part of the pre-acceptance process; Review trust agreements for opinions on interpretation issues and/or conflicts; Serve as a member of internal committees that oversee trust administration and discretionary trust distributions; Ensure consistent application of fiduciary standards across all account types; Provide oversight for a portfolio of high-complexity trusts; Communicate directly with beneficiaries and clients concerning fiduciary administration matters; Participate in client meetings as a subject matter expert; Work closely with clients' attorneys and tax advisors; Provide oversight for estate and trust (post death) administrations in Maryland, District of Columbia and Virginia; Maintain deep expertise in fiduciary income tax, estate and gift tax considerations; Support the business development team by joining prospective client meetings; Support oversight of unique assets in fiduciary accounts; Cultivate relationships with external referral sources and attend selective marketing events; Participate in regulatory exam readiness and responses

Requirements

8-15 years' relevant experience in a law firm's trusts and estate or fiduciary litigation practice, a bank trust department or a trust company; Strong knowledge of estate planning, incapacity planning, and sophisticated wealth transfer strategies; Juris Doctor (J.D.) required; Must be an active member in good standing of a U.S. state bar or D.C.; Demonstrated ability to work collaboratively with the team while working independently and with autonomy; Excellent written and oral communication skills; Ability to maintain strict confidentiality; Must possess unquestioned integrity in the exercise of fiduciary judgement; Ability to work with clients in stressful and sensitive situations

Nice to have

Experience with probate administration and estate settlement process in Maryland/District of Columbia/Virginia; Active bar membership in Maryland and/or Virginia

Benefits

Health/Medical Insurance including Dental and Vision; 401(k) with company match; Paid time off; Bonus/Target Incentive; Tuition Reimbursement; Complimentary usage of in-house fitness center; On-premise full-service dining center discounts; Discounts via the company's EAP; Pre-tax transportation options; Eligibility for discretionary incentive compensation; Short-term and long-term disability coverage; Basic life insurance