What are the responsibilities and job description for the Trust Administrator position at Charles Schwab Inc.?
Your Opportunity
The Trust Administrator is responsible for developing and maintaining relationships with registered investment advisors, trust beneficiaries, and other interested parties for an assigned book of business. In addition, the Trust Administrator is responsible for assisting the team with annual reviews, discretionary requests, and account coverage. The Trust Administrator assures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations in the context of their responsibilities.
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 prompt 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.
- Ensure proper receipt of and accounting for miscellaneous assets in established trust accounts.
- Perform Post Acceptance and Annual administrative account reviews for assigned accounts as well as independent annual reviews for team.
- Provide out of office coverage as needed.
- Participate in special projects as needed.
- Provide support to the Trust Officers, Senior Trust Officers, and Director of Trust Administration as needed.
What you have
- 2 years 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 optimally with a variety of people
- Highly motivated and a self-starter
Trust Administrator I
Osaic -
Henderson, NV
Trust Administrator II
Osaic -
Henderson, NV
Trust Associate
Creative Planning -
Las Vegas, NV
