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Senior Trust Officer

Location Wilmington, Delaware, United States; Henderson,Nevada,United States;Westlake,Texas,United States;Phoenix,Arizona,United States;Chicago,Illinois,United States; Requisition ID 2022-82690 Category Financial Planning Position Type Regular
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Your Opportunity


The Senior Trust Officer is responsible for developing and managing relationships with trust beneficiaries, and other interested parties for an assigned book of business consisting of large family relationships within the Personal Trust Services Division. The Senior Trust Officer serves as a mentor & coach to Trust Officers. The Senior 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.

Workplace Flexibility Program:We're proud to support our employees in a working approach that allows you to bring your best self to work – whether that’s in the office or remote.

  • Most Schwabbies have the opportunity to voluntarily work in the office or at home based on their preference*
  • When the firm is ready to fully return to the office, employees will have the flexibility of a hybrid work environment, spending some time working remote and some time in the office.
  • Employees and managers can discuss and decide what works best for them, with additional flexibility available based on their role, business needs, and individual circumstances.

*Subject to change as Schwab is continually evaluating the current environment in order to best care for the safety and well-being of our employees.

What you are good at


ESSENTIAL DUTIES:

  • Ensure each trust account is administered in accordance with applicable laws, regulations, and the terms of the governing instrument.

  • Help mentor and coach other Trust Officers on the team.

  • Personally administer an assigned book of complex and/or high touch personal trust accounts.

  • Interpret legal documents to ensure that each trust in their assigned book of accounts is administered in accordance with the terms of each governing instruments.

  • Maintain high client service levels through prompt research and responsiveness to trust beneficiaries and other centers of influence.

  • Present discretionary memorandums for review and approval of the Discretionary Distributions Committee.

  • Document directed distributions for the administrative file and for internal review.

  • Provide notice of termination for terminating trusts and process related termination efforts in accordance with

  • Administrative procedure.

  • Respond to initial inquiries from Schwab advisors, third party contacts, and private individuals regarding both current and future trust prospects.

  • Ensure proper receipt of and accounting for miscellaneous assets in established trust accounts.

  • Perform Post Acceptance and Annual administrative account reviews for assigned accounts.

  • Participate in special projects as needed.

  • Provide training and support to the Administrative Team in coordination with the Director of Trust Administration.

What you have


QUALIFICATIONS:

  • 10+ years of experience in personal trust administration
  • 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 Nevada law, a plus
  • Experience with Inherited IRAs and Trusteed IRAs, 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

Why work for us?

Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth.

Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home—today and in the future. Explore further.

Schwab is committed to building a diverse and inclusive workplace where everyone feels valued. As an Equal Opportunity Employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. Please click here to see the policy.

Schwab is an affirmative action employer, focused on advancing women, racial and ethnic minorities, veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at applicantaccessibility@schwab.com or call 800-275-1281.

TD Ameritrade, a subsidiary of Charles Schwab, is an Equal Opportunity Employer. At TD Ameritrade we believe People Matter. We value diversity and believe that it goes beyond all protected classes, thoughts, ideas, and perspectives.

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