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.
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
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 timely research and response to registered investment advisors and trust beneficiaries.
Present discretionary memorandums for review and approval of the Discretionary Distributions Committee.
Document directed distributions for the administrative file and for the Trust Administrative Committee.
Provide notice of termination for terminating trusts to the Trust Advisory Committee and process related termination efforts in accordance with Administrative procedure.
Handle volume of new accounts through completion of the post acceptance administrative review process.
Ensure accurate 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 Managing Director.
Provide training and support to junior staff.
What you have
5 years shown experience in personal trust administration
Bachelor’s degree or higher, CTFA preferred, or equivalent work experience
Solid understanding of the principles of trust administration and practical experience in administering trusts governed by Delaware law, a plus
Outstanding organizational skills and the ability to balance 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 firstname.lastname@example.org 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.