As of April 01, 2025, the average annual salary for a VP of Trust Administration in Salem, MA is $303,773. According to Salary.com, salaries can range from a low of $269,019 to a high of $342,631, with most professionals earning between $285,582 and $324,113.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $324,113 | $27,009 | $6,233 | $156 |
| Average | $303,773 | $25,314 | $5,842 | $146 |
| 25th Percentile | $285,582 | $23,798 | $5,492 | $137 |
An entry-level VP of Trust Administration with under 1 year experience makes about $292,641. With less than 2 years of experience, a mid-level VP of Trust Administration makes around $294,270. After 2-4 years, the VP of Trust Administration pay rises to about $295,628. Those senior VP of Trust Administration with 5-8 years of experience earn roughly $297,800, and those VP of Trust Administration having 8 years or more experience are expected to earn about $300,515 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Trust Administration | $292,641 |
| Intermediate Level VP of Trust Administration | $294,270 |
| Senior Level VP of Trust Administration | $295,628 |
| Specialist Level VP of Trust Administration | $297,800 |
| Expert Level VP of Trust Administration | $300,515 |
| Entry Level | 7% |
| Mid Level | 8% |
| Senior Level | 8% |
| Top Level | 9% |
| Experienced | 10% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
Financial Services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
CFA: The Chartered Financial Analyst program is a postgraduate professional certification offered internationally by the American-based CFA Institute to investment and financial professional
| Skill | Salary | Demand |
|---|---|---|
|
Problem Solving
|
$543,754 |
79%
|
|
Financial Planning
|
$537,679 |
77%
|
|
Risk Management
|
$446,547 |
47%
|
|
Coordination
|
$437,434 |
44%
|
|
Leadership
|
$431,358 |
42%
|
|
Flexibility
|
$416,169 |
37%
|
