Peter C. Stoffers
Throughout his career, Mr. Stoffers has served in the financial services industry with a primary focus on Operations. Mr. Stoffers has extensive experience with auditing, both internal and external, and has served as the subject matter expert in the conversion and de-conversion of various third party provider platforms to SEI Trust Company.
Prior to joining New York Private Trust Company, Mr. Stoffers was the Director of Operations at UBS Trust Company where he managed the middle office functions for 800 accounts with a market value of $2 billion. Mr. Stoffers also assisted in the sale of UBS Fiduciary Trust Company to Wilmington Trust Company of Delaware.
From 1998 to 2004, Mr. Stoffers worked at Smith Barney Private Trust Company / Citigroup Trust as the Vice President of Compliance / Operations Manager where he created self-testing procedures and metrics to facilitate auditors in their examinations. During his tenure at Fiduciary Trust International in the mid ‘90s, Mr. Stoffers served as the Internal Auditor and managed the conversion controls in the firm’s migrations from the Sungard Series 7 system to the Global Plus multi-currency system.
Mr. Stoffers began his career in 1977 with Wachovia Bank where he assumed a progression of roles including Trust Officer and Assistant Vice President while overseeing 250 trust accounts, government services, managing the N.J. Lottery, Food Stamp and Series E and EE Payroll Savings Bond programs.
Phone: (212) 850-4079