KPB Sr Trust Officer

Job Posting

Location : 66 South Pearl Street - Albany, New York 12207-1501

Fiduciary Expertise and Trust Administration

• Knowledge of and demonstrates capability to meet with clients of high net worth
• Administers complex trust accounts with a proactive, disciplined, consistent and comprehensive approach
• Maintains deep expertise in fiduciary, investment, tax, and other related wealth issues and employs sound fiduciary judgement
• Proactively analyzes and interprets legal instruments including identification of power holders and dispositive provisions, and account activities to determine duties and responsibilities of Bank as Trustee
• Performs discretionary distribution analysis and documentation of decision making
• Interprets investment decisions made by portfolio manager
• Displays above-average understanding of income taxation of grantor, simple, and complex trusts, who is taxed on income and / or principal transactions, final year tax distributive items; Annual gift planning for non-charitable gifts
• Provides estate planning ideas appropriate to situation
• Understands estate taxation of assets held in trust, estate valuation rules, Generation skipping planning, including distinction between direct skip, taxable termination and taxable distribution
• Understands Uniform Principal and Income Act, including analysis of total return distributions

Client Servicing and Retention

Sales

Team Collaboration

Compliance

Leadership

Required Qualifications :

Compensation and Benefits

This position is eligible to earn a base salary in the range of $71,000 to $104,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

Please click here for a list of benefits for which this position is eligible.

Job Posting Expiration Date : 07 / 05 / 2025 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.