Estate Analyst Senior
Comerica's estate settlement unit is a team of knowledgeable and experienced professionals, whose goal is to make the estate settlement process as seamless as possible for all concerned. The Estate Analyst Senior role will be responsible for assisting our estate settlement officers in the administration of estate related administrative accounts, valuing all assets for Federal Estate Tax purposes, and providing support to our client families knowing the period following a death of a loved one can be a difficult time.
Position Competencies
Successful incumbents possess problems solving skills, customer focus, process management, organization, written communication, and priority setting.
Position Responsibilities:
- Assist in the administration of estate and estate trust accounts by marshaling assets and assisting the administrative offer with valuing all assets for Federal Estate Tax purposes.
- This position is assigned to a specific Administrative Officer who will provide substantial supervision and direction of duties.
- Responsible for 40-50 estates and valuing and/or collecting assets of these accounts.
- Manage the personal property and the decedent's residence when a rental (nursing homes, apartments, etc.).
- Prepare Estate Inventories and Schedules of Property listing all assets and their values.
- Review legal documents such as deeds to real estate, titles to automobiles, titling of accounts, beneficiary designations, contractual agreements, buy-sell agreements, etc. and calculate appropriate value for tax reporting and distribution purposes.
- Investigate and evaluate tax returns and documents provided by family members, attorneys, certified public accountants (CPAs) and other sources to determine all assets reportable for a decedent's estate.
- Independently respond to questions and address concerns from beneficiaries, accountants, attorneys, co-Trustees, internal support groups.
- Interact with various internal service departments and act as a liaison with outside professionals, maintaining responsibility for the account until all issues are resolved.
- Account opening/closing, bill paying, check requests/distributions, monitoring daily cash positions for overdrafts and exceptions, monitor and post fees.
Position Qualifications
- Bachelor's Degree from an accredited university AND 2 years of experience serving as an account administrator in a specific area of expertise to include trust administration, estate settlement, investments, insurance in a client service capacity OR High School Diploma/GED AND 5 years equivalent work experience serving as an account administrator in a specific area of expertise to include trust administration, estate settlement, investments or insurance in a client service capacity
- 2 years of experience utilizing Microsoft Word and Excel
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
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Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
Jan 11, 2025