2027 Summer Trust Advisor Intern

UEC; Grand Rapids (MI); On-site; USD 41,000 - 58,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Disability insurance

Life insurance

Flexible Time Off

401(k) plan

Pension plan

Discretionary bonus

Travel reimbursement

Health insurance for contingent staff

Limited paid sick time for contingent/

Job summary

UEC in Grand Rapids invites you to gain hands-on experience in trust administration, covering revocable, irrevocable, grantor, charitable, and life insurance trusts. You will learn fiduciary accounting and assist in opening and closing accounts.

You will perform daily trust administration tasks, prepare receipts and disbursements, research trust terms, and contribute to team projects while pursuing a finance-related degree and CTFA designation.

Qualifications

• Detail-oriented leader with strong analytical and communication skills.
• Pursuing a bachelor's degree in finance, mathematics, economics, accounting, or related field.
• GPA not specified in the ad; CTFA designation pursued.
• Willing to work toward CTFA designation.
• Experience at a brokerage or financial planning firm preferred but not required.

Responsibilities

• Gain overview of trust administration processes.
• Get hands-on with revocable, irrevocable, grantor, charitable and life insurance trusts.
• Understand fiduciary accounting and a trust accounting system.
• Assist in opening and closing accounts.
• Perform daily trust administration tasks for the Trusts Officer’s book of business.
• Prepare receipts and disbursements.
• Research trust terms and governing documents for each relationship.
• Assist in estate settlement processes.
• Contribute to team projects.

Skills

Detail-oriented leadership

Analytical skills

Written and verbal communication

Problem solving

Education

Bachelor’s degree in finance, mathematics, economics, accounting, or related field

Pursuing JD

Job description

Your Role

Here’s what you will be doing:

• Gaining an overview of the process of trust administration.
• Getting hands-on experience with various types of trusts: revocable, irrevocable, grantor, charitable, and life insurance trusts.
• Understanding fiduciary accounting and a trust accounting system.
• Facilitating account opening and closing processes.
• Performing and monitoring most aspects of daily trust administration for Trusts Officer’s book of business.
• Preparing receipts and disbursements.
• Researching trust terms unique to each relationship and governing document.
• Assisting in the process of estate settlement.
• Contributing to team projects.

About You

The company is looking for:

• Detail-oriented leader with problem solving, strong analytical, and communication (written and verbal) skills.
• Pursuing a bachelor’s degree in finance, mathematics, economics, accounting, or related field.
• Optional: Pursuing a JD.
• Academic success with a minimum cumulative GPA of 3.0.
• Agreement to work towards obtaining the CTFA designation.
• Experience at a brokerage, financial planning firm/practice, or money management firm is preferred but not required.

This is a non-exempt position that may require work hours exceeding the standard 40-hour work week and some local, national, and occasional international travel.

Compensation & Benefits

• Base salary range: $36.00 per hour (applicable in CO, IL, OH, and MA).
• Health, dental, vision, disability, and life insurance.
• Flexible Time Off and various pre-determined holidays.
• 401(k) plan and flexible benefits plans.
• Business-related travel expense, lodging, and meal reimbursement.
• Pension plan available for eligible administrative and paraprofessional staff.
• Discretionary bonus plan for eligible staff.
• Option for some contingent staff to elect health insurance and limited paid sick time.