Trust Officer - Wealth

Capital First Trust Company; Milwaukee (WI); On-site; USD 70,000 - 110,000; Full time

Job summary

Capital First Trust Company in Milwaukee, WI is seeking a Trust Officer - Wealth to oversee day-to-day administration of a variety of wealth management trust accounts, ensuring compliance with applicable laws and internal policies.

The role emphasizes timely responses to client distribution requests, accurate distributions, and close collaboration with beneficiaries, financial advisors, and service professionals.

Qualifications

• 2+ years of financial services or legal experience.
• Undergraduate degree or equivalent experience.
• JD, CTFA, or CFP certification a plus.

Responsibilities

• Manage day-to-day administration for wealth management trust accounts.
• Respond to client distribution requests and oversee cash and asset disbursements.
• Monitor trust tax returns and annual account reviews where applicable.
• Prepare presentations for Trust Committee review.
• Maintain proper administration of a complex book of personal trust accounts.

Skills

Communication

Tech Skills

Organization

Judgment

Education

Undergraduate degree or equivalent experience

JD/CTFA/CFP certification a plus

Tools

Microsoft Office

Job description

Trust Officer - Wealth

Responsible for the day-to-day management and administration for a wide variety of Wealth Management trust accounts, ensuring compliance with applicable laws, regulations, policies, and procedures.

Role Responsibilities

Trust Administration

• Responds promptly to client distribution requests and makes cash and asset distribution as required.
• Understands the needs of and duties to the principals, income beneficiaries, and remaindermen.
• Shows a high level of professionalism toward trust beneficiaries, financial advisors, and other service professionals.
• Monitors the completion of trust tax returns.
• Complies with Trust Administration checklists related to closing accounts and account reviews.
• Completes annual account reviews as required by the South Dakota Division of Banking.
• Prepares appropriate presentations for Trust Committee review.
• Responsible for the administration of a complex book of personal trust accounts which may include supporting the administration of pooled trusts.

Competencies

Communication Skills

• Excellent verbal, written, and interpersonal communication skills.
• Able to communicate effectively with interact with beneficiaries, financial advisors, and other third-party professionals.
• Aware of and follows company policies for electronic communications and internet use.

Computer/Technical Skills

• Strong analytical skills with a high level of accuracy and attention to detail.
• Proficient using Microsoft Office Suite of applications.
• Able to understand and follow company policies regarding information security including password, multi-factor authentication, and remote access use.

Organization

• Very responsive to external partner communication.
• Timely completion of distribution requests.
• Update client interactions in CRM database.

Judgment

• Ability to prioritize a high number of daily tasks.
• Exhibit sound judgment and the ability to make reasonable decisions in the absence of direction.
• Swiftly refer problems/issues to the appropriate person(s) when necessary.

Role Qualifications

• 2+ years of financial services or legal experience.
• Undergraduate degree or equivalent experience.
• JD, CTFA, or CFP certification a plus.