National Special Assets Officer

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Date: Aug 13, 2019

Location: Los Angeles, CA, US, 90071

Company: Capital Group

Req ID:  30281
Experience Level: Professional 
Other Location(s): Atlanta (GA); Chicago (IL); Los Angeles (CA); Reno (NV); San Francisco (CA) 

 

Come grow with us

 

At Capital Group, how we work is defined by shared values that include absolute integrity, respect and collaboration. But it’s more than that. It’s smart and highly driven people united in purpose to serve our investors and one another.

Bring your energy and unique perspective to Capital and you’ll have the opportunity to grow with us professionally, personally, and financially. You’ll be part of a team that genuinely cares about helping you succeed. You’ll work alongside talented colleagues, many of whom build long careers while progressing through multiple roles, establishing lifelong friendships and making a difference in our communities. In return for your contributions, you’ll receive premier compensation and benefits, and a company-funded retirement plan that ranks among the most generous.

 

 

Role summary:  

Under general direction, leads the administration, growth and development of special (non-financial) asset management activities in all accounts where Capital Bank and Trust Company (CBT) is serving in a fiduciary capacity.  Provides guidance and support to internal and external clients on all special assets held in trust and estate accounts to ensure compliance with governing documents, bank policies, federal, state and local laws.

 

Primary responsibilities/essential functions:

  • Administers and provides professional management of all real property and all other special assets held in fiduciary accounts at CBT.
  • Arranges for the onboarding, appraisal, evaluation, transfer and protection of special assets.
  • Resolves issues or problems brought by owners, beneficiaries or trust officers such as requests for special distributions or planning and approving expenditures for care and maintenance of real property.
  • Oversees the development and ongoing maintenance of all policies and procedures for all special assets held by CBT in a fiduciary capacity.
  • Ensures that all policies and procedures related to special assets are followed in the administration of client accounts.
  • Represents CBT on Boards and Committees related to closely held businesses or other special assets for which CBT provides specialty asset management.
  • Supports PCS teams’ new business development activities in all local markets pertaining to all special assets.

 

Skills/ Qualifications:

  • Excellent communication skills including strong written, verbal and listening skills.
  • Strong initiative, teamwork and organizational skills are essential with the ability to prioritize multiple requests from a variety of sources.
  • In-depth knowledge and understanding of the wealth management business and trust and estate administration (specifically in dealing with special assets).
  • Ability to understand and interpret fiduciary and probate documents.
  • The ability to forge relationships with others inside and outside Capital Group that are based on mutual respect, loyalty and trust.

 

Working Conditions:

  • Travel required (approximately 50% of the time)

 

Company Overview:
Founded in 1931, Capital Group is one of the world’s largest and most trusted investment management companies and home to the American Funds. We manage more than US$1.7 trillion in assets, and our 7,500 associates make our clients their first priority every day. When we do our job right, millions of investors around the world fulfill their dreams and financial goals, from home ownership and higher education, to a comfortable retirement. Our long-term investment results and outstanding service set us apart from our competitors, while our workplace sets us apart from other employers. 
 
We are an equal opportunity employer, which means we comply with all federal, state and local laws that prohibit discrimination when making all decisions about employment. As equal opportunity employers, our policies prohibit unlawful discrimination on the basis of race, religion, color, national origin, ancestry, sex (including gender and gender identity), pregnancy, childbirth and related medical conditions, age, physical or mental disability, medical condition, genetic information, marital status, sexual orientation, citizenship status, AIDS/HIV status, political activities or affiliations, military or veteran status, status as a victim of domestic violence, assault or stalking or any other characteristic protected by federal, state or local law. 


Nearest Major Market: Los Angeles

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