Attorney in Chicago, IL

In-House

Chicago, IL

Attorney in Chicago, IL

Non-practicing Attorney

5-15 yrs required

No

Job Title: Senior Trust Officer

Job Responsibilities:
The Senior Trust Officer is tasked with managing a portfolio of fiduciary and investment management accounts specifically tailored for high-net-worth clients and beneficiaries, often involving multi-generational families. Key responsibilities include:
- Overseeing the administration and business development of complex investment management and trust accounts.
- Collaborating with team members to ensure awareness and education of trust products among clients, associates, and Centers of Influence.
- Engaging with clients and prospects to build and transfer wealth according to their unique goals while delivering a high-quality client experience.
- Providing fiduciary administration support that includes reviewing trust instruments, participating in discretionary decisions, managing risk, and conducting periodic trust reviews.
- Supporting investment management accounts by coordinating the opening and closing of accounts, money movement, and account maintenance.
- Ensuring compliance with regulatory and legal requirements related to client accounts and portfolios.
- Identifying and developing new business opportunities by pursuing new or expanded relationships with existing clients and prospects.

Education and Experience Information:
Required Qualifications:
- Technical expertise in trust administration, fiduciary law, and estate and wealth transfer planning.
- Initiative and a proactive approach to problem-solving.
- A creative yet prudent approach to providing solutions within the company's risk/reward profile.
- Ability and drive to close sales.
- Strong communication skills and ability to work as a team player.
- Knowledge of policies, procedures, and regulatory requirements.
- High level of sophistication and understanding of high-net-worth clients' concerns and issues.
- Ability to communicate and connect effectively with high-net-worth clients.
- A Bachelor’s Degree or equivalent business experience with a minimum of 5 years of trust administration and estate planning experience.

Desired Qualifications:
- 10-15 years of experience in trust administration and estate planning.
- Professional fiduciary certifications such as CTFA, CFP, AEP, JD, or CPA, or being within six months of obtaining such certification, are preferred.

Minimum Education Requirement:
- High School Diploma, GED, Secondary School, or equivalent.

Salary Information:
The job description does not provide specific salary information.

Additional Information:
- The position is full-time with a 40-hour workweek.
- The role includes a requirement for travel, approximately 10% of the time.
- The position is scheduled for the 1st shift in the United States of America.
- Internal employees working from home are still eligible to apply for this position.