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.
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!...
- 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.
Trust Administrator Online Courses and Training Opportunities
Salary for Trust Administrator Jobs in Calumet Park, IL
Required or preferred licenses and certifications for Trust Administrator positions.
Highest Education Level
Trust Administrators in Calumet Park, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Trust Administrator position
- Account Opening
- Lending
- Nationwide Mortgage Licensing System & Registry
- BSA
- Account Maintenance
- Know Your Customer
- Automated Clearing House
- Private Banking
- OFAC
- Mortgage Processing
- Credit Analysis
- Financial Services
- Wealth Management
- Anti-Money Laundering
- Service Standards
- Valuation
- Investment Banking
- Investment Management
- Portfolio Management
- Taxes
- Financial Planning
- Client Services
- Financial Analysis
- Real Estate
- Bookkeeping
- Risk Management
- Referrals
- Relationship Management
- Finance
- Closing
- Business Development
- Process Improvement
- Accounting
- Analytical Skills
- Decision Making
- Written Communication
- Documentation
- Collaboration
- Bachelor's Degree
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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