Senior Trust Specialist

We are currently looking to hire a Senior Trust Administration Associate within The Private Trust Company.  This role is responsible for delivering exceptional customer service experiences, including accurate, timely and effective communication and execution of relational and transactional activities among clients and advisors, including high-net-worth accounts, while working as a team supporting trust officers.

Essential Functions:

• Reading trust documents
• Participating primarily in general trust administration functions supporting a trust officer
• Coordinating requests and documentation needs with financial advisors, clients, accountants and attorneys
• Working with officers in reviewing account documentation, administration and investment policies, cash liquidity needs, historical or prospective changes in client situations or activities
• Preparation of discretionary distribution memoranda
• Collaborating with the Middle Office during account openings;
• Initiating operational functions to close accounts
• Processing deposits and disbursements
• Following up on issues identified during annual account reviews
• Handling a heavy volume of client and advisor inquiries and requests via phone or email and fulfilling the needs of those requests
• Focusing on accuracy, organization and details

Other Duties:

• Participating in client meetings as needed
• Preparation of special reports, spreadsheets and correspondence, as needed
• Assist in administering trust settlements and/or more complex trust accounts

Qualifications:

• Four year degree OR equivalent work experience

• At least three years of demonstrated experience in a trust administrative role

• Must be able to express ideas clearly, both verbally and in writing and to articulate issues and solutions in a client relationship environment
• Knowledge and experience in estate planning, investments, bank compliance and trust regulations such as principal and income accounting
• Thorough working knowledge of Microsoft Office and general computer skills.

• Project and time management skills.
• Technical skills – must have thorough working knowledge of computer systems including Word, Excel, PowerPoint
• Interpersonal and problem-solving skills

 

Pay Range:

$22.32-$37.20/hour

 

Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!

 

Company Overview:

LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

• Limitless Career Potential: Your career at LPL has