Skills Personal Trust Officer near Edmonton (AB)

Find out what skills you typically need to work as a personal trust officer in Canada. These skills are applicable to all Other financial officers (NOC 11109).

Tasks

  • Identify clients' financial goals and objectives
  • Supervise staff
  • Analyze clients' financial records
  • Develop financial plans for clients
  • Make recommendations concerning cash management, insurance coverage, investment planning, retirement and estate planning
  • Arrange for sale of financial products and investments
  • Review and examine financial services and institutions to ensure compliance with governing legislation and regulation
  • Investigate possible unethical conduct or breeches of securities or commodity futures law
  • Underwrite new issues of stocks and bonds
  • Negotiate with corporations and government to determine the type and terms of new securities issue
  • Prepare offering prospectus for new issues of stocks and bonds
  • Negotiate mortgage loans and make application for mortgage to lenders or lending institutions on behalf of client
  • Administer estate, personal, charitable, corporate and other types of trusts, direct trust account investments, receive and record investment income and disburse trust funds

Skills and Knowledge Checklist

The following skills and knowledge are usually required in this occupation.

Skills

Handling Goods and Materials

Working with goods and materials manually or with machines.

Building

Working with materials to construct, renovate and maintain structures.

Operating and Repairing Equipment, Machinery and Vehicles

Working with and/or repairing vehicles, machinery or stationary equipment.

Working with Technological Equipment and Machinery

Working with technical equipment, instruments, machinery and other systems.

Service and Care Help - Service and Care
  • Serving Others

Service and Care

Taking care of the needs of people and animals.

Serving Others
Assisting the public by answering questions, making recommendations, and providing information or support in response to requests.
Communication Help - Communication
  • Advising and Consulting
  • Liaising and Networking
  • Negotiating and Adjudicating

Communication

Using communication skills to share information, advise and influence.

Advising and Consulting
Providing guidance and advice to enable decision-making about tasks, situations, and processes.
Liaising and Networking
Developing alliances, contacts or partnerships, and exchanging information with others.
Negotiating and Adjudicating
Exchanging ideas while analyzing issues and interests at stake, and enabling opposing sides to resolve disputes and reach agreement.

Creative Expression

Using various materials and formats to create work that is intended to be artistically satisfying, entertaining, instructive or functional.

Information Handling

Creating and using systems for the storage and retrieval of knowledge and data.

Analysis Help - Analysis
  • Analyzing Information
  • Planning
  • Researching and Investigating
  • Projecting Outcomes

Analysis

Examining and evaluating information.

Analyzing Information
Examining data or facts to determine appropriate actions or recommendations.
Planning
Determining phases and steps, defining activities and tasks and establishing schedules to complete objectives on time and within budget.
Researching and Investigating
Conducting studies to increase knowledge and understanding and examining facts to find cause or support for ideas.
Projecting Outcomes
Estimating the results of an action or a series of actions.

Management

Taking charge of the direction and resources of an organization.

Knowledge

Manufacturing and Production

Knowledge related to the delivery of a series of operations in large-scale production or processing of goods or crops, according to safety and quality standards.

Communications and Transportation

Knowledge related to the provision and transmission of systems of communication and entertainment and the delivery of consumer goods or services.

Law and Public Safety Help - Law and Public Safety
  • Law, Government, and Jurisprudence

Law and Public Safety

Knowledge related to the provision and enforcement of laws and regulations that safeguard the effective functioning of a democratic society.

Law, Government, and Jurisprudence
Knowledge of the legal system, laws, legal codes, court procedures and precedents, and of government regulations, executive orders and the functioning of government.

Social Sciences and Arts

Knowledge related to culture, origins and patterns of human activity, and the development and expression of thought.

Education and Training

Knowledge related to the theory and practice of teaching, and the methods used in the design, delivery and evaluation of the provision of knowledge or information.

Health Services

Knowledge related to the provision of medical science and technology for the physical and mental well-being of others.

Mathematics and Science

Knowledge related to specialized areas of research such as measurement, living organisms, physical substances, and properties and relationships of quantity, space, and matter.

Engineering and Technology

Knowledge related to the design, building, use or repair of machinery, equipment, systems, and structures.

Business, Finance and Management Help - Business, Finance and Management
  • Client Service
  • Sales
  • Accounting
  • Economics
  • Finance
  • Business Administration

Business, Finance and Management

Knowledge related to organization and control of business activities.

Client Service
Knowledge of principles and practices of providing service to clients to maintain and build organizational success.
Sales
Knowledge of principles and practices for displaying, promoting and selling products or services.
Accounting
Knowledge of accounting principles and practices including the recording, analysis and reporting of financial information.
Economics
Knowledge of economic theories, principles and methods of analysis including simulation and forecasting techniques.
Finance
Knowledge of principles and practices of financial management, monitoring and accountability frameworks, reporting procedures, banking, and markets.
Business Administration
Knowledge of the principles and practices of managing businesses.
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