VP, Corporate Trust - Remote
VP, Corporate Trust
At Odyssey Transfer and Trust Company, we do things differently. Our core mission is to provide peace of mind to our clients by making things simple, fast, and easy.
Odyssey is a tight-knit, solution-driven team. Our shared values, as defined by our own employees, guide us in reaching our individual and collective goals:
We Show Up for Each Other: We are in this together! We collaborate and support each other to get results. Our employees are compensated with competitive salaries and a comprehensive benefits package.
We Build: Outside the Box is our playground. Were not afraid to innovate and tackle tough problems were here to disrupt the industry. Creativity and problem-solving is not reserved for the Executive team.
We Get Stuff Done (GSD): We have a notable reputation for being exceptionally responsive. Coming up with a great idea is only part of the solution; We take great ideas and put them into action.
We Do the Right Thing: Were dependable, trustworthy, and proud of our professional standards.
Primary Responsibilities and Attitude
As the Vice President of Corporate Trust you are someone who loves to build, takes initiative and enjoys working in a fast-paced environment. You possess the ability to collaborate and build strong relationships, both internally and externally, but you arent afraid to get your hands dirty in the technical aspects of the business. You will be responsible for developing and implementing strategies to drive business growth through the acquisition of new clients and expansion of existing client and legal relationships.
In addition, you are responsible for the management of our Corporate Trust division. This will also involve reviewing agreements, understanding our fiduciary duties and covenants as a trustee under various appointments, coordinating required documentation for various closings, adhering to compliance, and communicating with and assisting our clients management, counsel, and security holders.
You are responsible to:
Manage the overall administration of files in the Corporate Trust division
Review and comment on Corporate Trust agreements
Organize required documents for transaction closings and liaison with our team to open accounts and schedule incoming/outgoing wires
Maintain records under our various corporate trust appointments
Ensure that adequate training is instituted and provided for all Corporate Trust staff, both new and on-going, and that regular information on Corporate Trust is provided to or accessible by all Odyssey staff
Manage new business and pipeline activity
Ensure all month-end corporate trust billing is completed
Communicate with our clients, as well as their counsel and securityholders on a regular basis
Make business decisions that are financially responsible, accountable, justifiable, and defensible in accordance with organization policies and procedures.
Demonstrated ability to serve as a knowledgeable resource to and member of the organization's management team that provides leadership and direction.
Verifies all aspects of client identification procedure and necessary onboarding documents are provided and in accordance with Know your Customer (KYC), AML/ATF policies guidance.
Responsible for fostering a culture of compliance with policies, procedures and regulations, including providing regular training on processes and other resources to ensure all team members understand regulatory and procedural compliance as it applies to their job function
Conduct annual risk and control self-assessments with other departmental managers to assess the risks of all processes handled by the team or department, determine the controls we have in place, rating the controls and the residual risks to determine if the controls are sufficient.
Collaborate with senior management to assess budgetary and resource requirements for the Corporate Trust division, including staffing levels
Collaborate with other departments and executive members on business development plans and initiatives, including regular meetings with current or prospective clients and centres of influence such as law firms
Conduct regular reviews of corporate trust fees to ensure Odyssey is both within market ranges and receiving adequate compensation with regard to administration levels and risk
Skills and Experience
10 years Corporate Trust experience
Experience in finance, banking or trust companies
Strong sales experience with proven success
Law firm network
A bachelors degree (Law would be an asset)
Ability to support a team within a busy work environment with changing priorities.
Strong analytical and organization skills
Exceptional problem-solving skills and high attention to detail
Advanced communication skills (written and oral)
Advanced proficiency with Office 365 (Excel, Word, PowerPoint) and Adobe Acrobat
What We Offer:
Paid Time Off: Vacation Days, Sick Days, Birthday off, Bonus day
Benefits: Extended Health, 401K Matching, Dental, Life Insurance, ADD, Critical Illness, Short Term Disability, Long Term Disability, Employee Assistance Program, $500 Health Care Spending/Lifestyle Spending Account.
Apply Now
At Odyssey Transfer and Trust Company, we do things differently. Our core mission is to provide peace of mind to our clients by making things simple, fast, and easy.
Odyssey is a tight-knit, solution-driven team. Our shared values, as defined by our own employees, guide us in reaching our individual and collective goals:
We Show Up for Each Other: We are in this together! We collaborate and support each other to get results. Our employees are compensated with competitive salaries and a comprehensive benefits package.
We Build: Outside the Box is our playground. Were not afraid to innovate and tackle tough problems were here to disrupt the industry. Creativity and problem-solving is not reserved for the Executive team.
We Get Stuff Done (GSD): We have a notable reputation for being exceptionally responsive. Coming up with a great idea is only part of the solution; We take great ideas and put them into action.
We Do the Right Thing: Were dependable, trustworthy, and proud of our professional standards.
Primary Responsibilities and Attitude
As the Vice President of Corporate Trust you are someone who loves to build, takes initiative and enjoys working in a fast-paced environment. You possess the ability to collaborate and build strong relationships, both internally and externally, but you arent afraid to get your hands dirty in the technical aspects of the business. You will be responsible for developing and implementing strategies to drive business growth through the acquisition of new clients and expansion of existing client and legal relationships.
In addition, you are responsible for the management of our Corporate Trust division. This will also involve reviewing agreements, understanding our fiduciary duties and covenants as a trustee under various appointments, coordinating required documentation for various closings, adhering to compliance, and communicating with and assisting our clients management, counsel, and security holders.
You are responsible to:
Manage the overall administration of files in the Corporate Trust division
Review and comment on Corporate Trust agreements
Organize required documents for transaction closings and liaison with our team to open accounts and schedule incoming/outgoing wires
Maintain records under our various corporate trust appointments
Ensure that adequate training is instituted and provided for all Corporate Trust staff, both new and on-going, and that regular information on Corporate Trust is provided to or accessible by all Odyssey staff
Manage new business and pipeline activity
Ensure all month-end corporate trust billing is completed
Communicate with our clients, as well as their counsel and securityholders on a regular basis
Make business decisions that are financially responsible, accountable, justifiable, and defensible in accordance with organization policies and procedures.
Demonstrated ability to serve as a knowledgeable resource to and member of the organization's management team that provides leadership and direction.
Verifies all aspects of client identification procedure and necessary onboarding documents are provided and in accordance with Know your Customer (KYC), AML/ATF policies guidance.
Responsible for fostering a culture of compliance with policies, procedures and regulations, including providing regular training on processes and other resources to ensure all team members understand regulatory and procedural compliance as it applies to their job function
Conduct annual risk and control self-assessments with other departmental managers to assess the risks of all processes handled by the team or department, determine the controls we have in place, rating the controls and the residual risks to determine if the controls are sufficient.
Collaborate with senior management to assess budgetary and resource requirements for the Corporate Trust division, including staffing levels
Collaborate with other departments and executive members on business development plans and initiatives, including regular meetings with current or prospective clients and centres of influence such as law firms
Conduct regular reviews of corporate trust fees to ensure Odyssey is both within market ranges and receiving adequate compensation with regard to administration levels and risk
Skills and Experience
10 years Corporate Trust experience
Experience in finance, banking or trust companies
Strong sales experience with proven success
Law firm network
A bachelors degree (Law would be an asset)
Ability to support a team within a busy work environment with changing priorities.
Strong analytical and organization skills
Exceptional problem-solving skills and high attention to detail
Advanced communication skills (written and oral)
Advanced proficiency with Office 365 (Excel, Word, PowerPoint) and Adobe Acrobat
What We Offer:
Paid Time Off: Vacation Days, Sick Days, Birthday off, Bonus day
Benefits: Extended Health, 401K Matching, Dental, Life Insurance, ADD, Critical Illness, Short Term Disability, Long Term Disability, Employee Assistance Program, $500 Health Care Spending/Lifestyle Spending Account.
Apply Now