Associate Trust Officer - Private Client

JTC Group; Rapid City (SD); Hybrid; USD 75,000 - 110,000; Full time

Job summary

South Dakota Trust Company, a leader in private client services, seeks a Trust Officer to manage and administer trusts, ensuring fiduciary compliance and strong client relationships. The role collaborates with PTC partners to meet regulatory and reporting requirements.

The ideal candidate has 2+ years in trust administration and a solid grasp of estate planning, tax implications, and fiduciary duties, with excellent communication and collaboration skills for cross-functional teamwork.

Qualifications

• Bachelor’s degree in finance, business, law, or related field required; professional designations a plus (CTFA, CFP, CPA).
• Minimum 2 years of experience in trust administration, estate planning, or wealth management.
• Strong understanding of fiduciary responsibilities, estate planning principles, and tax implications.
• Excellent client relationship management with confidentiality and trust.
• Strong analytical, problem-solving, and organizational skills.
• Proficiency in trust accounting systems and financial software.
• Effective communication and collaboration with stakeholders.

Responsibilities

• Administer and manage trust accounts, ensuring compliance with fiduciary laws, policies, and regulations.
• Serve as the primary contact for external partners, providing exceptional service and addressing inquiries.
• Develop and implement client-specific trust strategies for financial and estate planning needs.
• Review trust documents, interpret terms, and ensure grantor's intent.
• Coordinate with legal, tax, and investment professionals for filings and compliance.
• Monitor distributions and account activities to adhere to trust provisions.
• Prepare and present reports on trust activity to partners and beneficiaries.

Skills

Client relationship

Analytical thinking

Problem solving

Organizational skills

Communication

Interpersonal skills

Team collaboration

Education

Bachelor’s degree in finance, business, or law

CTFA/ CFP/ CPA designation (plus)

Tools

Trust accounting software

Job description

PURPOSE OF JOBSouth Dakota Trust Company's business is designed to accommodate the needs and desires of wealthy clients, both domestically and internationally, providing “flexible, cost- effective, service-oriented trust administration” in the #1 rated domestic trust jurisdiction. SDTC’s core focus is to serve families’ individual goals, while preserving family wealth in perpetuity.

EMPLOYMENT TYPE:

Permanent

DEPARTMENT:

Private Client

DIVISION:

Private Client Services

WORKPLACE STRUCTURE:

Hybrid

ROLE OVERVIEW

South Dakota Trust Company's business is designed to accommodate the needs and desires of wealthy clients, both domestically and internationally, providing “flexible, cost- effective, service-oriented trust administration” in the #1 rated domestic trust jurisdiction. SDTC’s core focus is to serve families’ individual goals, while preserving family wealth in perpetuity.

The Trust Officer is responsible for managing and administering trust accounts, ensuring compliance with legal and fiduciary obligations while maintaining strong relationships with our trusted partners. This role involves overseeing trust operations, working with SDTC’s PTC partners to fulfill the regulatory and reporting requirements.

Main Responsibilities And Duties

• Administer and manage trust accounts, ensuring compliance with fiduciary laws, policies, and regulations.
• Serve as the primary point of contact for PTC partners, trusted advisors, providing exceptional service and addressing inquiries.
• Develop and implement trust strategies tailored to clients' financial and estate planning needs.
• Review trust documents, interpret terms, and ensure adherence to the grantor’s intent.
• Coordinate with legal, tax, and investment professionals to ensure all necessary filing requirements are fulfilled.
• Monitor distributions, and account activities, ensuring compliance with trust provisions.
• Prepare and present reports on trust activities to SDTC’s PTC partners and trust beneficiaries.

Essential Requirements

• Bachelor’s degree in finance, Business, Law, or a related field (CTFA, CFP, or CPA designation is a plus).
• Minimum of 2 years of experience in trust administration, estate planning, or wealth management.
• Strong understanding of fiduciary responsibilities, estate planning principles, and tax implications.
• Excellent client relationship management skills with a focus on confidentiality and trust.
• Strong analytical, problem-solving, and organizational skills.
• Proficiency in trust accounting systems and financial software.
• Effective communication and interpersonal skills.
• Ability to work collaboratively with internal and external stakeholders.

OUR COMMITMENT TO INCLUSION & WELLBEING

JTC is committed to fostering a healthy, inclusive organisation where all individuals feel welcome and feel able to participate in the workplace fully. We value different perspectives, backgrounds and lived experiences. This includes supporting employee wellbeing so that people feel equipped to thrive.