Trust Administrator II

Wintrust Financial Corporation; Chicago (IL); Hybrid; USD 55,000 - 70,000; Full time

Job summary

Join a forward-thinking financial services company that has been a pillar in the community since 1931. This role offers a unique opportunity to work in a collaborative environment where your contributions directly impact clients' financial success. With a focus on personal and professional growth, you'll be part of a team that values integrity and excellence. Enjoy competitive pay, comprehensive benefits, and a culture that promotes from within. If you are someone who thrives in a dynamic setting and is eager to take on challenges, this position could be your next great career move.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) with Company Match

Tuition Reimbursement

Flexible Spending Account

Employee Stock Purchase Plan

Parental Leave

Transportation Benefits

Qualifications

• 5 years of experience in banking, bookkeeping, or investment security preferred.
• General knowledge of legal requirements related to bookkeeping practices.

Responsibilities

• Ensure transactions are balanced and documented according to policies.
• Oversee input and maintenance of data in accounting systems.
• Coordinate processing of dividends and disbursements.

Skills

Banking Experience

Bookkeeping

Investment Security

Strong Communication Skills

Problem-Solving

Organizational Skills

Analytical Skills

Self-Motivation

Interpersonal Skills

Education

Associate's Degree

Job description

time left to apply End Date: May 13, 2025 (1 day left to apply)

job requisition id 25963

Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business owners, and institutions. Since our founding in 1931, we have been helping clients meet their increasingly complex financial goals with the highest standards of service and integrity. Through our four companies, Wintrust Investments LLC, Wintrust Private Trust., Great Lakes Advisors LLC, and The Chicago Deferred Exchange Company LLC, we offer comprehensive wealth management solutions, including investment, trust, and asset management services. Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $62 billion in assets.

An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)

Competitive pay and discretionary or incentive bonus eligible

Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few

Family-friendly work hours

With 175+ community bank locations, we offer opportunities to grow and develop in your career

Promote from within culture

Why join this team?

We have a culture that encourages an entrepreneurial spirit

We offer multiple opportunities for development and upward mobility

What You’ll Do

Ensures transactions are balanced and documented according to policies and procedures.

Oversees the input and maintenance of data in accounting systems and report generation.

Coordinates the processing of dividends and disbursements.

Ensures that project/department milestones/goals are met and adhering to approved budgets.

Extensive knowledge of the function and department processes

Daily processing of transactions associated with client accounts including, but not limited to wires, ACH, security transactions, income transactions, fee processing, and cash sweep.

Account closings – coordinate delivery of assets.

Mutual Funds – coordinate incoming and outgoing transfers.

Update cost and Date of Death values.

Set up users for online access.

Retirement Distribution processing

Verify and collect trust fees and court fees. Prepare fee invoices as needed.

Process all incoming and outgoing customer transfers.

Post CD interest, purchases, and redemptions.

Trade settlement – all aspects.

Tax processing.

Client statement reconciliation and processing.

Generate various reports for auditors and examiners.

Create and write new procedures/processes as needed.

Knowledge/Skills/Background/Experience

5 years of experience in the related area of banking, bookkeeping, and or investment security experience preferred as an individual contributor.

Associate's degree preferred

General knowledge of legal requirements related to bookkeeping practices and/or investment security.

Strong written and verbal communication skills

Self-motivation

Self-management

Ability to consistently follow through on tasks

Problem-solving

Organizational and analytical skills,

Interpersonal skills

Strong ability to multi-task

Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance

Compensation:

The estimated salary range for this role is $55,000 - $70,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills, and experience.

#LI-HYBRID

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To be Chicago’s Bank and Wisconsin's Bank, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.

About Us

Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.

Wintrust may collect personal information from you in connection with the application process. Wintrust complies with the California Consumer Privacy Act of 2018, and its policy may be found here