Trust Administrator Jobs in Calumet Park, IL

A Trust Administrator in the banking industry is responsible for managing trusts, estates, and investment accounts, following the specifications within the trust agreement. This professional liaises with beneficiaries and other interested parties, ensuring all transactions are completed accurately and promptly. They may also conduct regular reviews of the trust agreements to verify the adherence to laws and regulations. Trust Administrators may assist in estate planning, tax strategies, and wealth transfer, offering clients invaluable financial advice and solutions.

Trust Administrators should possess strong analytical, communication, and organizational skills. They should be detail-oriented and have a comprehensive understanding of trust and estate law, financial planning, tax law, and investment strategies. As for certifications, many employers prefer candidates with Certified Trust and Financial Advisor (CTFA) certification, which indicates a high level of competency in trust administration. Prior to becoming a Trust Administrator, individuals often gain experience in roles such as Trust Associate, Trust Officer or Legal Assistant. A background in law, finance, or accountancy is typically required.

1-2 of 2 Jobs

Trust Administrator II

  • Calumet Park, IL
  • 6 hours ago
  • Calumet Park, IL
  • 6 hours ago

Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $62 billion in assets. Why join us? An award-winning culture!...

Trust Administrator II

  • Chicago, IL (14 miles from Calumet Park, IL)
  • 4 days ago
  • Chicago, IL (14 miles from Calumet Park, IL)
  • 4 days ago

Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $62 billion in assets. Why join us? An award-winning culture!...

Demographic Data for Calumet Park, IL

Moving to Calumet Park, IL? Find some basic demographic data about Calumet Park, IL below.


Local
National
12,812,477
319,486

Trust Administrator Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Trust Quotient in Leadership
There is no currency in organizational life more valuable than trust. One can no longer presume one has it just because one strongly believes that he/she has not done anything to breach it. In...
Introduction to Zero Trust
Learn the fundamentals of Zero Trust and how open-source tools such as SPIFFE and SPIRE can be used to deploy Zero Trust in your architecture. This course is designed for developers, operators,...
Zero Trust Security Course
This course introduces the zero trust security model, a dynamic approach to addressing the continual evolution of cybersecurity threats for organizations that demand flexibility and scalability in...

Salary for Trust Administrator Jobs in Calumet Park, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Trust Administrator positions.



Highest Education Level

Trust Administrators in Calumet Park, IL offer the following education background
High School or GED
29.8%
Bachelor's Degree
28.1%
Associate's Degree
17.4%
Vocational Degree or Certification
15.3%
Master's Degree
7.2%
Doctorate Degree
0.8%
Some College
0.6%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Trust Administrators in Calumet Park, IL
Less than 1 year
29.7%
4-6 years
24.0%
2-4 years
22.2%
1-2 years
21.3%
None
2.5%
6-8 years
0.3%