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Job Description
Job Title
What is the opportunity?
As a member of the Wills and Trusts Resource Group (WTRG) under the Professional Practice Group, the Senior Consultant will be part of the centre of technical and legal expertise on fiduciary matters for Royal Trust and other Canadian Wealth Management businesses. The role will primarily involve legal support, analysis and recommendations to RBC Canadian Wealth Management businesses on estate, trust and power of attorney account administration and maintenance issues.The position will support revenue generation through retention of funds by improving the client experience on estate settlements and the opening of new trust accounts, and will help minimize risk and promote consistency in business practices across RBC Canadian Wealth Management.
What will you do?
- Conduct legal research, analyze and provide guidance on estate, trust and power of attorney issues escalated by the Canadian Wealth Management businesses and functional groups utilizing knowledge of relevant jurisdictional laws and principles and prioritize escalation of estate and trust account issues based on urgency of issue to provide timely recommendations
- Act as subject matter expert and support Wealth Management Canadabusinesses on estate, trust and power of attorney initiatives, policy development to manage risk and promote consistency in business practices across all lines of businesses
- Act as coach and mentor to junior consultants/consultants and to third party vendor on legal issues and documentation review and to be the first point of contact for consultants and junior consultants on legal and risk related issues and questions
- Accountable to remain current in developments in the area of fiduciarylaw (common law or civil law as appropriate)
- Represent WTRG and RBC Wealth Management at periodic internal and external seminars and participate in thought leadership activities (publications, presentations, etc.)
- Identify trends in estate, trust and power of attorney account relatedissues and assist the business in developing policies and procedures to address identified issues and gaps
What do you need to succeed?
Must Have
- Common Law degree and called to the bar in a Canadian common law province
- 5+ years experience in the estate and trust industry and legal training
- Ability to work well independently as well as in a team environment
- Strong interpersonal skills, time management skills and ability to work under pressure
- Excellent written, verbal and electronic communication skills
- Exhibits sound judgment and problem solving skills•Demonstrated ability to self manage, think independently and analyze complex issues
- Willingness to participate in continued learning of both civil and common law estate and trust concepts and principles
Nice to Have
- Trust designation preferred (MTI or TEP)
- Bilingual
What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Flexible work/life balance options
- Opportunities to do challenging work
- Opportunities to take on progressively greater accountabilities
- Access to a variety of job opportunities across business and geographies
Job Skills
Consulting, Customer Needs, Customer Service, Customer Service Management, Long Term Planning, Multi-Level Communication, Problem Solving, Product ServicesAdditional Job Details
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