Makes business decisions regarding new business that includes closely-held (non-publicly traded) assets and evaluates ability to accept these assets.
Involved in more complex sales of assets and related legal issues.
Monitors, coordinates, interprets and processes financial and non-financial information on a monthly basis relating to closely-held (non-publicly traded) assets held within Investment Management and Trust accounts.
May provide guidance to other team members.
Works with the sales and fiduciary teams who are proposing new business that includes a closely-held asset.
Evaluates ability to accept the asset and helps determine the best plan of administration.
Coordinates and operates committee presentations with advisors and other committee chairs responsible for the oversight of special asset acceptance, administration or disposition reviews.
Works with various internal partners to help support the acquisition, accurate reporting and sale of assigned closely-held assets and is often the lead for these relationships.
Coordinates and conducts fiduciary reviews of assigned closely-held business assets, including more complex assets or relationships, held within wealth accounts and makes investment/fiduciary recommendations related to the asset for presentation at the monthly committee meeting.
Provides compliance-based reporting for assets that have been flagged as exceptions as well as oversees, coordinates and performs compliance reviews for assets accepted.