1. What is the average salary of a Trust Administrator?
The average annual salary of Trust Administrator is $66,078.
In case you are finding an easy salary calculator,
the average hourly pay of Trust Administrator is $32;
the average weekly pay of Trust Administrator is $1,271;
the average monthly pay of Trust Administrator is $5,506.
2. Where can a Trust Administrator earn the most?
A Trust Administrator's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Trust Administrator earns the most in San Jose, CA, where the annual salary of a Trust Administrator is $82,928.
3. What is the highest pay for Trust Administrator?
The highest pay for Trust Administrator is $87,207.
4. What is the lowest pay for Trust Administrator?
The lowest pay for Trust Administrator is $54,246.
5. What are the responsibilities of Trust Administrator?
Trust Administrator manages and administers a group of trust accounts. Reviews legal and financial documents, cultivates customer relationships and transfers and invests balances for clients. Being a Trust Administrator requires a bachelor's degree in area of specialty. Typically reports to a manager or head of a unit/department. To be a Trust Administrator typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work.
6. What are the skills of Trust Administrator
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
1.)
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.
2.)
Estate Planning: Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life and at and after death, while minimizing gift, estate, generation skipping transfer, and income tax. Estate planning includes planning for incapacity as well as a process of reducing or eliminating uncertainties over the administration of a probate and maximizing the value of the estate by reducing taxes and other expenses. The ultimate goal of estate planning can be determined by the specific goals of the client, and may be as simple or complex as the client's needs dictate. Guardians are often designated for minor children and beneficiaries in incapacity. The law of estate planning overlaps to some degree with elder law, which additionally includes other provisions such as long-term care.
3.)
Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.