Trust Officer

Charles Schwab is hiring a Trust Officer for a hybrid remote role in Wilmington, DE, offering a salary range of USD 105,500 to 140,400 per year and a focus on managing an assigned book of business while ensuring compliance with Bank policies and relevant regulations.

Responsibilities

• Serve as the primary contact for the assigned book of trust accounts.
• Administer each trust in accordance with applicable laws, regulations, and the terms of its governing instrument.
• Maintain high client service levels by promptly researching and responding to registered investment advisors, trust beneficiaries, internal financial consultants, and other centers of influence in the account relationship.
• Present discretionary memorandums for review and approval by the Discretionary Distributions Committee.
• Document directed distributions for the administrative file and for the Personal Trust Fiduciary Committee.
• Manage the volume of new accounts through the post acceptance administrative review process.
• Ensure proper receipt of and accounting for miscellaneous assets in established trust accounts.
• Respond to initial inquiries from Schwab advisors, third party contacts, and private individuals regarding current and future trust prospects.
• Perform Post Acceptance and Annual administrative account reviews for assigned accounts.
• Participate in special projects as needed.
• Provide support to the Senior Trust Officer and Director.
• Provide training and support to junior staff.

Requirements

• 5+ years of experience in personal trust administration as the primary trust professional with an assigned book of business.
• Experience with directed trusts preferred.
• Bachelor’s degree or higher; CTFA preferred, or equivalent work experience.
• Strong knowledge of trust administration principles with practical experience in trusts governed by Delaware and Nevada law is a plus.
• Excellent organizational skills and the ability to manage multiple priorities without compromising quality or accuracy.
• Strong interpersonal and communication skills and the ability to work effectively with a variety of people.
• Highly motivated self-starter.

Benefits

• 401(k) with company match and Employee Stock Purchase Plan.
• Paid time off for vacation, volunteering, and a 28 day sabbatical after every 5 years of service for eligible positions.
• Paid parental leave and family building benefits.
• Tuition reimbursement.
• Health, dental, and vision insurance.