Charles Schwab

Senior Trust Officer

Charles Schwab • $90K — $120K *
Henderson, NV 89052In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5+ years of personal trust administration experience as primary trust professional.
  • Experience with directed trusts is preferred.
  • Bachelor's degree or higher; CTFA certification preferred or equivalent experience.
  • Strong knowledge of trust administration principles with practical experience in Delaware and Nevada law is a plus.
  • Strong organizational skills with the ability to manage multiple tasks without compromising quality.
  • Excellent interpersonal and communication skills for effective relationship management.
  • Highly motivated self-starter.

Responsibilities

  • Serve as the main contact for a specific book of trust accounts.
  • Ensure trust accounts comply with laws, regulations, and governing documents.
  • Maintain high service levels through timely responses to clients and advisors.
  • Present memos for discretionary distributions to the committee for approval.
  • Document directed distributions comprehensively for records and committees.
  • Oversee new account management from acceptance to post-review.
  • Ensure accurate receipt and accounting of various assets in trust accounts.

Benefits

  • Bonus or incentive opportunities.
Full Job Description

The Trust Officer is responsible for developing and maintaining relationships with registered investment advisors, trust beneficiaries, and other interested parties for an assigned book of business.  The Trust Officer assures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations in the context of their responsibilities.

  • Serve as primary point of contact for assigned book of trust accounts.
  • Ensure each trust account is administered in accordance with applicable laws, regulations, and the terms of its governing instrument.
  • Maintain high client service levels through prompt research and response to registered investment advisors, trust beneficiaries, internal financial consultants, and various centers of influence in the account relationship.
  • Present discretionary memorandums for review and approval of the Discretionary Distributions Committee.
  • Document directed distributions for the administrative file and for the Personal Trust Fiduciary Committee.
  • Manage volume of new accounts through completion of the post acceptance administrative review process.
  • Ensure proper receipt of and accounting for miscellaneous assets in established trust accounts.
  • Respond to initial inquiries from Schwab advisors, third party contacts, and private individuals regarding both current and future trust prospects.
  • Perform Post Acceptance and Annual administrative account reviews for assigned accounts.
  • Participate in special projects as needed.
  • Provide support to the Senior Trust Officer and Director.
  • Provide training and support to junior staff.
What you have
  • 5+ years experience in personal trust administration serving as primary trust professional with an assigned book of business
  • Experience with directed trusts preferred
  • Bachelor’s degree or higher, CTFA preferred, or equivalent work experience
  • Strong knowledge of the principles of trust administration and practical experience in administering trusts governed by Delaware and Nevada law, a plus
  • Superior organizational skills and the ability to handle multiple priorities without sacrificing quality or accuracy
  • Excellent interpersonal and communications skills and the ability to deal effectively with a variety of people
  • Highly motivated and a self starter

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

 

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About Charles Schwab

Charles Schwab is a financial services company that provides a full range of securities, brokerage, banking, money management, financial advisory, investor, and retirement plan services. It operates in four main divisions; investing, wealth management, banking, and trading. Charles Schwab provides a full-service brokerage platform that serves individual investors who invest on their own or through a workplace-sponsored retirement or equity plan, as well as banking through Schwab Bank. The firm was founded in 1973 and is headquartered in San Francisco, California.

Charles Schwab Careers

Join the vibrant team at Charles Schwab, a leader in global finance, where your career is propelled by innovation, leadership, and a commitment to diversity and professional growth. At Charles Schwab, we offer more than just job opportunities; we provide a platform for you to make a significant impact on the industry and our clients' lives.

Work You’ll Do

At Charles Schwab, we are dedicated to helping our clients manage their financial futures. Being part of our team means you'll work alongside some of the most skilled professionals in the financial services industry. Our culture thrives on teamwork, integrity, and relentless dedication to our clients. Whether you're looking for a position in financial consulting, technology, or administrative support, Charles Schwab offers a dynamic work environment where your skills will be honed and your achievements recognized.

Innovate and Lead

Embrace the opportunity to lead through innovation. Charles Schwab’s commitment to technology and innovation is fundamental to our service delivery. By joining our team, you will be at the forefront of developing new solutions that redefine the future of finance. Your leadership can guide significant projects that impact our company and the industry.

Grow Your Career

Charles Schwab believes in fostering the growth of its employees. Whether through professional development programs, diversity training, or leadership workshops, we ensure that our team members receive the support and training they need to advance their careers. With a variety of career paths available, your job at Schwab can evolve with your interests and expertise.

Internship and Employment Opportunities

Start your professional journey with Charles Schwab through our internship programs or full-time employment opportunities. We seek individuals who are passionate, curious, and ready to drive change. A career at Schwab is not just about having a job; it's about building a lasting relationship with a company that values your potential.

Benefits and Culture

Charles Schwab is renowned for its employee-friendly culture. We offer a comprehensive benefits package that supports the health, financial stability, and work-life balance of our team members. From competitive salaries and bonuses to health insurance and retirement plans, Schwab ensures that your career is as rewarding as it is enriching.

Networking and Professional Development

Expand your professional network and enhance your skills through our various networking events, mentorship programs, and training sessions. At Charles Schwab, we believe in leveraging collective expertise to foster learning and innovation. Engage with leaders, gain insights from experienced professionals, and build relationships that will aid your career trajectory.

Join Our Team

Explore the numerous career paths available at Charles Schwab and discover how your talents can be utilized to their fullest potential. Search open positions that match your skills and interests. We are continuously hiring across various disciplines and look forward to adding innovative, driven individuals to our team.

Stay Connected

Keep up to date with the latest from Charles Schwab Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and be the first to know about new openings, company news, and professional tips.

Explore Charles Schwab Jobs

Ready to take the next step in your career? Visit our careers page to review current job openings, submit your resume, and prepare for your interview. At Charles Schwab, your future is waiting. [SEARCH CHARLES SCHWAB JOBS] Join Charles Schwab today and be part of a team that values diversity, innovation, and leadership—where your career can thrive in the exciting world of finance.
Learn more about Charles Schwab
Size
34,200 employees
Market Cap
$151.6 billion
Industry
Finance & Insurance
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ
SCHW
* Ladders Estimates

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