Trust Settlement Officer

Charles Schwab; Westlake (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

401(k) with company match

Paid time off & sabbatical

Parental leave

Tuition reimbursement

Health, dental, and vision insurance

Job summary

Charles Schwab in Texas is seeking a Trust Settlement Officer to guide settlement activities, ensuring assets are administered according to governing documents and fiduciary obligations.

You will collaborate with beneficiaries, estate attorneys, tax professionals and internal partners to coordinate settlements, support timely closures, and maintain a positive client experience while balancing risk and complexity in fiduciary matters.

Qualifications

• 5+ years of personal trust administration or fiduciary experience.
• Bachelor’s degree or higher.
• Ability to read, interpret, and explain wills, trusts, and other legal documents.
• Strong knowledge of estate, gift, and GST tax provisions, including funding formulas.
• Demonstrated ability to manage multiple priorities with accuracy and documentation.
• Strong communication and interpersonal skills with beneficiaries, estate attorneys, executors, and internal stakeholders.

Responsibilities

• Guide trust settlement activities to ensure assets are administered and distributed per governing documents, fiduciary duties, and firm procedures.
• Collaborate with beneficiaries, attorneys, tax professionals, trust officers, and internal partners to coordinate settlements.
• Support timely trust closures and deliver a positive client experience while balancing risk and complexity.
• Apply sound judgment and foster relationships in sensitive fiduciary and estate-related situations.

Skills

Trust administration

Legal document interpretation

Communication & interpersonal skills

Multitasking & attention to detail

Collaboration across teams

Education

Bachelor's degree or higher

Job description

Your opportunity

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo and transform the finance industry together. We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s).

Schwab’s Personal Trust Services organization delivers trust and fiduciary solutions that help clients and beneficiaries navigate important life events with confidence. As a Trust Settlement Officer, you will play a key role in guiding trust settlement activities, helping ensure assets are administered and distributed in accordance with governing documents, fiduciary obligations, and firm procedures.

This role requires strong analytical thinking, attention to detail, and decision-making skills to evaluate legal and financial information, manage risk, and resolve complex trust settlement matters. You will collaborate with beneficiaries, attorneys, tax professionals, trust officers, and internal partners to coordinate settlement activities, support timely trust closures, and deliver a positive client experience. Success in this role comes from balancing multiple priorities, adapting to changing circumstances, applying sound judgment, and fostering effective relationships while navigating sensitive fiduciary and estate-related situations.

What you have

Required Qualifications

• Demonstrated experience administering trust accounts and managing fiduciary relationships, typically gained through 5+ years of personal trust administration or related fiduciary experience.
• Bachelor’s degree or higher
• Strong knowledge of trust administration principles and practical experience administering trust accounts
• Ability to read, interpret, and explain wills, trusts, and other legal documents
• Strong understanding of estate, gift, and GST tax provisions, including funding formulas
• Demonstrated ability to manage multiple priorities while maintaining accuracy, documentation quality, and follow-through
• Strong communication and interpersonal skills with the ability to work effectively with beneficiaries, estate attorneys, executors, personal representatives, tax partners, and internal stakeholders

Preferred Qualifications

• Experience administering trusts governed by Delaware and Nevada law
• Experience with inherited IRAs and trusteed IRAs
• Experience preparing or coordinating estate notices, tax filings, receipt and release documents, and trust termination documentation
• Demonstrated risk mitigation and decision-making skills when evaluating trust activity, distributions, and fiduciary matters
• Strong organizational skills, attention to detail, and problem-solving abilities in a trust, estate, legal, or financial services environment
• Ability to collaborate across trust, tax, legal, operations, and client-facing teams while adapting to changing priorities
• Self-starter with the ability to work independently and contribute to special projects as needed

In addition to the salary range, this role is eligible for bonus or incentive opportunities.

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What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration - so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

We offer a competitive benefits package that takes care of the whole you - both today and in the future:

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance