ASSOCIATE DIRECTOR, TRUST SERVICES

About Cresset

Cresset is a firm built by clients, for clients. As an independent, award-winning multi-family office and private investment firm, we are reimagining the way wealth is experienced. Our purpose is to help ensure that both wealth and life are fully optimized—integrated, intentional, and aligned with each client’s vision of success.

We provide access to the caliber of talent, ideas, and investment opportunities typically available to the largest single-family offices and institutions. Our approach is personalized, entrepreneurial, and client-first.

Proudly owned by our clients and employees, Cresset was built to endure. We are creating a 100+ year firm—one focused on delivering an exceptional experience, not only for the families we serve but for the team that serves them. Recognized by Barron’s and Forbes among the nation’s top RIA firms, and as one of the industry’s best places to work,* Cresset is guided by long-term relationships, shared success, and a belief that wealth should serve a life well lived.

About Cresset Trust Company

Cresset Trust Company creates plans that deliver a family’s trust needs, serving at the highest fiduciary standard. Our South Dakota presence uniquely positions Cresset Trust Company (CTC) to offer the benefits of favorable trust and tax laws, significant asset protection and privacy.  Our flexibility and customization make us a preferable alternative to many large institutions.

Cresset is seeking an Associate Director, Trust Services for the Cresset Trust Company with 7+ years of experience with trust administration or similar financial services experience. The Associate Director facilitates and manages information and operational aspects regarding trust relationships, working closely with internal team members, grantors, beneficiaries, and their individual advisors within the Cresset Trust Company platform. 

Primary Responsibilities:

Trust Relationships

• Proactively identify planning needs
• Supports high touch relationships through monitoring project timelines and communicating with team members
• Monitors and follows up on execution of transactions and completion of projects 
• Coordinates financial information with grantors, beneficiaries, attorneys, CPAs, etc.
• Assists in maintaining client communications with trust officers in Sioux Falls

Financial and Reporting

• Compiles financial information and prepares presentations for meetings
• Monitors trust accounts to cover cash flow needs of trust and partners with advisors to cover cash needs
• Understands Meristem’s investment philosophy to partner with Meristem Family Wealth team on mutual clients’ needs

Operations

• Partners with the client service team to coordinate the onboarding of trusts
• Maintains a high level of compliance standards at all times
• Conducts research and analysis
• Maintains organization of action items and financial information using Salesforce®
• Other duties may be assigned

Qualifications and Characteristics:

• BA in Finance, Accounting or related degree 
• 7+ years of experience in financial services, trust administration, or related industry
• Advanced certification, or actively working toward one, preferred (ex: CTFA, CFP®, CPA)
• Proven ability to handle confidential information with discretion and demonstrate