Trust Manager - Chicago

Plante Moran; Chicago (IL); On-site; USD 115,500 - 150,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k)

Flexible Time Off

Discretionary bonus plan

Job summary

Plante Moran in Chicago is looking for a dedicated professional to oversee personal trust account administration and investment guidance. The ideal candidate will manage client relationships while supervising a dynamic team, ensuring financial planning and trust oversight align with clients' needs.

This position requires a bachelor's degree in Business and 4-6 years of relevant experience. Benefits include a competitive salary range of $115,500 - $150,000, health insurance, flexible time off, and a pension plan for employees.

Qualifications

• 4-6 years of experience in Personal Trust Account Administration, financial planning, investments, and/or estate planning.
• Actively advancing technical skills in the Trust industry and financial services.
• Excellent written and verbal communication skills.

Responsibilities

• Administer irrevocable trusts and charitable trusts.
• Prepare materials for Trust Administration and Trust Investment Committees.
• Maintain regular contact with grantors, beneficiaries, and other parties.
• Integrate knowledge of holistic financial planning.
• Contribute to practice development and client expansion.

Skills

Problem-solving skills

Analytical skills

Communication skills

Detail-oriented

Education

Bachelor's degree in Business (Finance, Accounting, or Economics)

JD and/or CTFA designation

CFP or CPA

Job description

Overview

Your role and responsibilities are described below.

Responsibilities

• Administer irrevocable trusts, charitable trusts, agency accounts, ILITs, and estates; including asset oversight, fund disbursement and receipt, discretionary decisions, documentation, fiduciary duties, and client-specific planning and interpretation.


• Prepare and review materials for, and participate in, Trust Administration and Trust Investment Committees to provide oversight and governance of trust activities.


• Maintain regular and proactive contact with grantors, beneficiaries, legal counsel, financial advisors, and other interested parties to discuss and advise on trust-related issues.


• Collaborate with a dynamic team to oversee and coordinate holistic services provided to clients, delegate and manage staff work, and coach and mentor staff through career development and performance management activities.


• Integrate knowledge of holistic financial planning including investment management, estate planning, insurance, income tax planning, cash flow planning, philanthropic planning, retirement planning.


• Build and maintain strong relationships with clients by demonstrating empathy and understanding, effectively managing difficult family situations, and navigating family dynamics with sensitivity and professionalism.


• Engage in practice development, client expansion, and cross-serving to grow the practice by generating leads, meeting with future appointments, maintaining a network of internal and external referral sources, and achieving personal marketing plan and business development goals.


• Contribute to the internal management of the organization through participation in specified initiatives and projects.

Qualifications

• Bachelor's degree in Business (preferably in Finance, Accounting, or Economics) is required.


• 4-6 years of experience in Personal Trust Account Administration, financial planning, investments, and/or estate planning is required.


• Possess at least one advanced degree or professional designation (JD and/or CTFA designation is highly preferred; CFP or CPA is preferred but not required).


• Detail-oriented leader with strong problem-solving, analytical, and communication (written and verbal) skills.


• Actively advancing technical skills in the Trust industry and the financial services industry in general.

This is an exempt position, so you may have to work hours that exceed the standard 40-hour work week.

Notes

Plante Moran is an Equal Opportunity Employer. Plante Moran maintains a drug-free workplace. Interested applicants must submit their resume for consideration using our applicant tracking system. Candidates must be legally authorized to work in the United States without sponsorship, with the exception of bilingual candidates in Japanese/English or Chinese/English. Unsolicited resumes from search firms or employment agencies will not be paid a fee. The statements above are not intended to be all-inclusive.

Benefits and Compensation

The compensation range for this role in CO, IL, OH, and MA is: $115,500 - $150,000. Highlights include health, dental, vision, disability, and life insurance, Flexible Time Off, holidays, 401(k), flexible benefits plans, travel reimbursement, and a pension plan for eligible staff. A discretionary bonus plan is available for eligible staff. This window is a good-faith estimate and may be updated. Eligible staff may be eligible for a range of benefits based on hours worked.