Trust Officer - Private Client

JTC Group; Sioux Falls (SD); Hybride; USD 85 000 - 110 000; Plein temps

Résumé du poste

South Dakota Trust Company seeks a Trust Officer to manage and administer trust accounts for wealthy clients, ensuring compliance with fiduciary obligations and collaborating with partners.

You will oversee trust operations, interpret documents, coordinate with legal, tax, and investment professionals, and prepare reports for beneficiaries and partners.

Qualifications

• Bachelor’s degree in finance, business, law, or related field.
• Minimum of 3 years of experience in trust administration, estate planning, or wealth management.
• Strong fiduciary, estate planning, and tax understanding.
• Excellent client relationship management and confidentiality.
• Strong analytical and organizational skills.
• Proficiency in trust accounting systems and financial software.
• Effective communication and teamwork.

Responsabilités

• Administer and manage trust accounts in compliance with fiduciary laws.
• Serve as primary contact for PTC partners and trusted advisors.
• Develop and implement trust strategies tailored to client needs.
• Review trust documents and ensure grantor intent.
• Coordinate with legal, tax, and investment professionals for filings.
• Monitor distributions and account activity per trust provisions.
• Prepare and present reports on trust activities to partners and beneficiaries.

Connaissances

Client relationship mgmt

Analytical skills

Problem-solving

Organizational skills

Communication skills

Formation

Bachelor's degree in finance, business, law, or related field

CTFA, CFP, or CPA designation

Outils

Trust accounting systems

Financial software

Description du poste

PURPOSE OF JOB

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.

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.

PURPOSE OF JOB

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 3 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.