Minimum 10 years of trust administration or estate planning experience, with at least 7 years as a trust officer.
JD preferred or a bachelor's/master's degree plus relevant trust qualifications.
Strong knowledge of trust administration principles is essential.
Practical experience in RIA or wealth management environments is preferred.
Excellent time management skills to balance multiple tasks in a fast-paced environment.
Strong analytical skills for problem-solving and solution implementation.
Superior organizational skills with a focus on detail and deadlines.
Responsibilities
Administer a portfolio of trust accounts following legal and fiduciary principles.
Interpret legal documents to ensure compliance in trust administration.
Maintain high service levels through timely responses to client and advisor inquiries.
Collaborate with stakeholders to meet client objectives while ensuring fiduciary integrity.
Perform account reviews and annual administrative tasks post-acceptance.
Identify and resolve trust issues in partnership with legal, tax, and compliance teams.
Prepare and present discretionary memoranda for review and approval.
Benefits
Immediate coverage for medical, dental, and vision insurance on the first day.
Generous paid parental leave (16 weeks for primary, 8 weeks for secondary caregiver).
Onsite mother's lounge for convenience.
Flexible PTO plan that promotes work-life balance.
Hybrid work model with in-office days Monday-Thursday and remote Fridays.
Access to a newly built gym in the Chicago office.
401k matching to help secure your financial future.
Employer contributions to Health Savings Accounts (HSAs).
Assistance with student loan repayment to ease financial burdens.
Pet insurance offered for furry family members.
Full Job Description
The Senior Trust Officer will administer a book of trust accounts in accordance with applicable law and sound fiduciary principles while also cultivating relationships with clients and advisors.
Interpret legal documents and ensure trusts are administered in accordance with applicable laws, regulations, and governing instruments
Maintain high client and advisor service levels through prompt research and response to inquiries
Collaborate with clients, advisors, and internal partners to achieve client objectives while maintaining fiduciary integrity
Perform post-acceptance and annual administrative account reviews
Proactively identify trust issues and partner with management, investments, tax, legal and compliance to take appropriate action to resolve them
Prepare and present discretionary memoranda for committee review and approval
Direct middle office to initiate account changes like terminations
Maintain current knowledge of developments in the trust legal and regulatory environment
Participate in special projects as assigned
What You'll Bring
A minimum of 10 years of trust administration and/or estate planning experience with at least 7 year as a trust officer
JD preferred; Masters or BA/BS from an appropriately accredited educational institution plus relevant trust education/experience/designations considered in lieu
Strong knowledge of the principles of trust administration required
Practical experience in the RIA and/or wealth management environments strongly preferred
Ability to work in a fast-paced environment including excellent time management skills and ability to balance multiple competing priorities
Strong analytical skills including the ability to research problems, determine root causes, and identify and implement solutions
Superior organizational skills and the ability to handle multiple priorities with grace without sacrificing quality, accuracy or deadlines
Laser-focused attention to detail
Proficiency in Microsoft Office applications
Excellent interpersonal and written and verbal communications skills, and the ability to deal effectively with a variety of people
Ability to work independently and efficiently and also to work well in a group setting
Highly motivated self-starter
What We Offer
Coverage on the first day of employment for medical, dental, and vision insurance
Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
Mother's lounge onsite
Flexible PTO plan
In-office Monday through Thursday and work from home on Fridays
Free brand-new gym in the Chicago office
401k matching plan
HSA employer contributions
Student loan assistance
Pet insurance
Base salary of $140,000- $150,000 plus discretionary bonus (exact base salary amount will be dependent on experience)
