Careers

Pursue excellence.

The families we serve deserve our very best, every day. That’s our number one priority when considering professionals to join our firm. Loring, Wolcott & Coolidge has a collegial, collaborative environment where accomplished professionals who share our commitment to client service can build rewarding and satisfying careers. We are committed to promoting a healthy work-life balance, which includes offering a generous benefits package.

If you have a passion for helping clients achieve their financial goals, we invite you to explore LWC’s current opportunities listed below.

At Loring, Wolcott & Coolidge, we are committed to advancing diversity, equity, and inclusion – whether related to accessibility, gender, ethnicity, age or sexual orientation. Candidates from historically underrepresented backgrounds are strongly encouraged to apply.

Current opportunities

Open Positions

Application Developer

Position Summary

The Application Developer position is responsible for the development and integration of new and existing software applications. It requires hands-on programming, unit testing and cross-platform integration testing, technical support, interaction with project managers and administration, general software maintenance and enhancements, and observance of conventional standards.

Responsibilities

  • Research and analyze business requirements and recommend technical solutions.
  • Implement technical solutions for new development including: writing technical specifications; user interface design and prototyping; involvement in the entire project development lifecycle; program/enhance new and existing software applications; data conversions; defect resolution; maintenance and support; and technical training to systems team members.
  • Identify and help reconcile inherent conflicts between high-level objectives, systems architecture and functional requirements in a timely manner.
  • Review and interpret legacy application code to assist with application enhancements or support tasks
  • Assist with the redesign and conversion of legacy applications and databases.
  • Assist in the integration of external products or services.
  • Develop time estimates and report on progress of deliverables.
  • Participate on multiple projects simultaneously.

Education and Experience

  • BA/BS with 3-5 years of experience in client server systems development and support.
  • Financial industry experience preferred.
  • Required work experience with the following technologies:
    • One of the following languages required:
      • Java SE and Swing using NetBeans or Eclipse
      • C# using Microsoft Visual Studio
    • Microsoft SQL Server and TSQL
    • Reporting tool experience like Crystal Reports or Microsoft SSRS
    • Microsoft Windows OS and Office tools, and IIS server experience a plus
  • Broad experience in programming Graphical User Interfaces and software usability.
  • Experience with SDLC methodologies and software configuration management tools.
  • Experience with assisting in the installation and maintenance of PC vendor packages.
  • Ability to evaluate and work directly with vendors to apply software change requests.

Skills

  • Able to communicate well with end users and develop teamwork relationship with staff.
  • Able to handle multiple priorities simultaneously while managing time effectively.
  • Able to act as development team lead on major applications initiatives.
  • Able to learn new concepts within a complex and demanding environment.
  • Must be willing and able to “own” the process and take responsibility for meeting challenging deadlines. This will require flexibility in hours from the Developer from time to time.
  • Have a strong work ethic and a commitment to quality.
  • Possess solid customer service skills.
  • Be a self-starter who is able to organize and manage one’s workload in a fast-paced environment.
  • Have a positive “can do” attitude and be willing to do whatever it takes to meet the goals.
  • Desire to learn the Trust business as it relates to assigned, technical projects.

Reporting

The Application Developer reports to the Head of Technology. This position is exempt and may necessitate flexibility in hours, from time to time, with little or no advance notice. The Application Developer position is eligible to participate in the Remote Workplace Program with manager approval.

COVID-19 considerations: This position currently is in a hybrid state, requiring both in-office and remote working locations, remote due to the pandemic. Remote work and in-office work requirements are subject to change and are evaluated as part of the firm’s back to work plan. This job description does not constitute an employment agreement between the employer and employee, and is subject to change by the employer, as the needs of the employer and requirements of the job change.

Notice to Employment Agencies: Employment agencies are an important component to our talent acquisition strategy, and we value the partnerships we have built with our preferred vendors. We will not accept unsolicited resumes from employment agencies for any employment opportunity. All resumes submitted by search firms directly to employees or hiring managers at Loring, Wolcott & Coolidge Trust in any form without a signed Employment Agency Agreement on file and search engagement for that position, will be deemed unsolicited in nature, and no fee will be paid in the event the candidate is hired as a result of the referral or through other means

Investment Operations Specialist/Assistant Trader

Position Summary

The Investment Operations Specialist/Assistant Trader’s primary responsibilities are to assist and execute all processes within the Investment Operations and Investment Analytics Teams. The successful candidate will deliver high quality work with strong attention to detail, while being able to manage multiple tasks at once. The position requires working effectively with team members and other colleagues. Integrity, discretion, and respect for confidential information are essential.

Responsibilities

  • Post and reconcile trades, income collection and corporate actions.
  • Process and monitor account transfers.
  • Process cash receipts and manage cash utilizing established money market funds.
  • Process personal and charitable stock gifts.
  • Perform daily reconciliations of custody accounts.
  • Execute Trades for Domestic and Foreign Equities, Fixed Income and Mutual Fund securities.
  • Confirm domestic equity trading utilizing the Omgeo trade confirmation software.
  • Reconcile all trade discrepancies with brokers and custodian.
  • Communicate market news and specific security information to Trustees.
  • Run performance reports for client accounts and other ad-hoc reports as requested.
  • Act as backup to our Head Trader, Portfolio Analyst, and other members of the Operations team.

Education and Experience

  • Bachelor’s degree and 2-5+ years Investment Operations experience with at least one year of equity/fixed income trading experience.
  • Strong understanding and experience with institutional accounting systems (SunGard AddVantage preferred), trading systems (Charles River preferred) and other industry related databases or software applications.
  • Strong understanding of financial markets and experience with Bloomberg or Factset is a plus.
  • Prepare effective, well-organized communications to Trustees, our custodians, and others in the Office.
  • Time management skills and the ability to meet stringent deadlines are essential.
  • Proficient use of technology, including MS Excel and Word with the ability and desire to learn new computer applications.

Skills

  • Must be able to learn new concepts within a complex and demanding environment.
  • Possess high attention to detail.
  • Look for areas of improvement within business processes.
  • Have a professional approach in dealing with stressful situations.
  • Must be willing and able to “own” the process and take responsibility for meeting challenging deadlines. This may require flexibility in hours from time to time.
  • Have both a strong work ethic and a sense of “getting it right”.
  • Be a self-starter who is able to organize and manage own workload in a fast-paced environment.
  • Have a “can do” attitude and be willing to do whatever it takes, consistent with the expectations for everyone else in the office.

Reporting

The Investment Operations Specialist/Assistant Trader will report to the Head of Investment Operations. This position is non-exempt and is required to work Monday through Friday. It may necessitate flexibility in hours, from time to time, with little or no advance notice.

COVID-19 considerations: This position currently is in a hybrid state, requiring both in-office and remote working locations, due to the pandemic. Remote work and in-office work requirements are subject to change and are evaluated as part of the firm’s back to work plan.

This job description does not constitute an employment agreement between the employer and employee, and is subject to change by the employer, as the needs of the employer and requirements of the job change.

Tax Advisor

Summary

The Tax Advisor is responsible for comprehensive, tax return preparation for an assignment of individual tax clients. This position also assists with department-wide initiatives related to tax analysis and planning for clients. This position handles confidential information, while maintaining a high level of client contact. Integrity, discretion, and respect for confidential information are absolutely essential.

Responsibilities

  • Prepare complex tax returns for individual clients with high net worth.
  • Review tax returns prepared by colleagues to ensure quality processing.
  • Meet with clients and Trustees to present financial and tax planning strategies.
  • Analyze and process quarterly estimated tax payments for assigned individual accounts.
  • Identify and collaborate with team members on taxable events that may have legal implications.
  • Work with the Tax Department Team to develop, implement and oversee department-wide initiatives.
  • Work with Trustees and Tax Department Team to identify tax planning opportunities for individuals and families.
  • Partner with other teams throughout the office, including General Counsel and Trust Administration, to ensure tax planning initiatives are comprehensive and compliant.
  • Mentor junior Tax Advisors.
  • Utilize a variety of software applications related to tax research, planning and preparation including: BNA and Profx.
  • Work with members of the Tax Team, Business Analysts and Application Developers to utilize the most effective technology and work flow processes.

Education, Experience & Qualifications

  • Bachelor’s or Masters’ Degree in business or accounting concentration and/or Taxation and/or Certified Financial Planning required.
  • Minimum 7 years’ experience in individual tax return production environment.
  • Minimum 5 years’ experience in direct individual client environment involving financial planning and analysis.
  • Current, high level of knowledge about individual and gift tax matters.
  • Experience with fiduciary and estate tax returns preferred.
  • Solid understanding of Investment Management concepts.

Skills

  • Excellent analytical, interpersonal, communication and presentation skills.
  • Must be able to learn new concepts within a complex and demanding environment.
  • Perform well in a deadline-oriented environment.
  • Must be willing and able to “own” the process and take responsibility for meeting challenging deadlines. This will require flexibility in hours from time to time, with little or no advance notice.
  • Have both a strong work ethic and a sense of “getting it right”.
  • Solid customer service skills.
  • Have a “can do” attitude and be willing to do whatever it takes, consistent with the expectations for everyone else in the office.

Reporting

The Tax Advisor will report to the Director of Tax.

This position is exempt and may necessitate flexibility in hours, from time to time, with little or no advance notice. The Tax Advisor position is eligible to participate in the Remote Workplace Program with manager approval.

This position is currently in a hybrid state, requiring both in-office and remote working locations. Remote work and in-office work requirements are subject to change and are evaluated as part of the firm’s back to work plan.

This job description does not constitute an employment agreement between the employer and employee, and is subject to change by the employer, as the needs of the employer and requirements of the job change.

Trust Advisor

As a member of the Client Services Department, this position provides support to the Trustees and Clients of Loring, Wolcott & Coolidge Trust, LLC.  It involves the handling of multiple Client and Trustee needs with minimal supervision, making it necessary to adapt to various personalities and working styles.  The Trust Advisor performs a wide range of complex trust administration functions requiring a vast knowledge of trusts, estate planning, investments and tax laws while maintaining a high level of client contact.  Inherent in this role is the need to regularly meet new challenges with an open mind, be solutions-oriented, and provide optimistic responses.  The nature of this position results in significant exposure to trusts, estate planning and investment portfolio management activity.  Integrity, discretion, and respect for confidential information are absolutely essential.

 

Responsibilities

  • Research and review probate, fiduciary, income, retirement plan and estate planning issues and law and apply them effectively to individual client circumstances.
  • Review and interpret past and existing trust instruments on a regular basis.
  • Provide thought leadership to improve processes and training as needed to other members of the team.
  • Administer new and existing accounts, including all aspects of the account opening process, account distributions, terminations, death, gift and GST administration and gift tax return preparation.
  • Manage and oversee projects or tasks as identified by the COO and in conjunction with Trustees, and other team members.
  • Work with Client Services to ensure a consistent and comprehensive approach, following standard office policies and procedures. Work with team on resolving procedural and administrative issues as they pertain to accounts.
  • Be an active member of the Trust Administration Committee.
  • Review current office policies for the purpose of improving processes and efficiencies.
  • Support, work closely with, and provide backup to other Trustees during periods when other Trust Advisors are away from the office.
  • Effectively manage multiple on-going projects, coordinate processes and successfully prioritize multiple tasks with good judgment.
  • Develop and maintain a high level of proficiency using a variety of technological resources and database applications.
  • Work effectively with multiple office departments following established procedures, ensuring high quality completion of client and trustee requests.

 

Qualifications

  • 7 + years of previous trust administration experience
  • D. and/or LL.M preferred
  • High level or in-depth computer competencies: MS Excel and Word, Accounting/Portfolio Management Systems (Sungard’s AddVantage, CRD, Thompson One, Baseline, Bloomberg, etc.)

The successful candidate will have the following skills:

  • Demonstrated success in a personal client service environment
  • Ability to handle complex, sensitive and confidential material with good judgment, maturity and an optimistic outlook, even in high stress situations
  • Can take initiative, work with limited direction, complete loosely-defined tasks, and find ways to leverage time of Trustees and Senior Management and add value to the company
  • Willingness to learn new areas of job responsibilities
  • Consistent and strong follow-up skills with a strong attention to detail
  • Excellent verbal, written, analytical and editing skills
  • Must be able to learn new concepts and computer applications within a complex and demanding environment
  • Must be willing and able to “own” the process and take responsibility for meeting challenging deadlines
  • Have both a strong work ethic and a sense of “getting it right”
  • Have a “can do” attitude and be willing to do whatever it takes, consistent with the expectations for everyone else in the office

 

Reporting

  • The Trust Advisor reports to the Head of Fiduciary Services.
  • The Trust Advisor position is exempt; it may necessitate flexibility in hours, from time to time, with little or no advance notice.  The Trust Advisor position is eligible to participate in the Remote Workplace Program.
  • This position currently is in a hybrid state, requiring both in-office and remote working ability.  Remote work and in-office work requirements are subject to change and are evaluated as part of the firm’s Remote Workplace Program.
  • This job description does not constitute an employment agreement between the employer and employee, and is subject to change by the employer, as the needs of the employer and requirements of the job change.

To apply, use the form below.

Please feel free to submit your resume for a current or future opportunity.

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