Vice President of Wealth Management / Trust Administrator

Cornerstone National Bank & Trust Company; Palatine (IL); On-site; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Vice President of Wealth Management / Trust Administrator to lead Trust and estate account management. This role involves navigating complex fiduciary responsibilities and building lasting client relationships through exceptional service. The ideal candidate will have extensive experience in Wealth Management, a strong understanding of fiduciary laws, and the ability to communicate effectively with clients and their families. Join a team that values community banking and client-centric solutions, where your expertise will directly impact the financial well-being of individuals and families.

Qualifications

• 10+ years of experience in Wealth Management and Fiduciary Administration.
• Ability to analyze legal instruments and apply fiduciary judgment.

Responsibilities

• Manage Trusts, Estates, Guardianships, and Investment Accounts.
• Develop client relationships and provide estate planning advice.

Skills

Analytical skills

Problem-solving

Communication skills

Education

Bachelor’s Degree in finance, business, or accounting

Advanced degree or certification (JD, LLM, CPA, CTFA)

Job description

Vice President of Wealth Management / Trust Administrator

3 days ago Be among the first 25 applicants

Cornerstone National Bank and Trust Company provides comprehensive “fee-only” wealth management solutions free from conflicts of interest including investment management, fiduciary services, financial planning services, and estate and tax planning services. We pride ourselves on providing first class client service and being mindful of our values and our strong foundation in community banking.

JOB DESCRIPTION

The Vice President of Wealth Management / Trust Administrator will be able to effectively manage a wide variety of Trust and estate accounts and relationships comprised of testamentary, revocable, and irrevocable trusts, special needs trusts including charitable foundations, and retirement plans, in accordance with trust documents, applicable laws, and company policies and procedures.

RESPONSIBILITIES

• Administration for Trusts, Estates, Guardianships, Investment Accounts, and Individual Retirement accounts.
• Responsible for managing all of the administrative and fiduciary functions of the accounts assigned, including managing all accounts in accordance with Trust documents, applicable laws, and the Bank’s Trust compliance guidelines.
• Bringing Wealth Management ideas to clients concerning estate planning issues: gift, estate, and other tax and financial concerns of the client.
• Working with clients to develop and deepen the relationship, gaining their respect as well as that of their family to foster longevity of the family relationship with the Bank.
• Managing accounts with complex situations, including unusual assets, unique family dynamics, and ever-changing needs of Trust beneficiaries and clients.
• Managing the assigned accounts’ relationship contact requirements for the team by initiating team communication for proactive client contact.
• Maintaining a collaborative teamwork environment with the Bank’s referral sources, as well as external professionals, to appropriately satisfy the needs of wealth management clients and communicate the benefits of Trust services to clients.

SKILLS

• Ability to analyze and interpret legal instruments and apply sound fiduciary judgement to Trust matters to ensure fulfillment of the Bank’s fiduciary responsibilities.
• Detail-oriented with an eye for problem solving in a collaborative manner.
• Excellent written, verbal, and interpersonal communication skills.

QUALIFICATIONS

• Bachelor’s Degree in a related field of study, such as finance, business or accounting.
• A minimum of 10 years of experience in Wealth Management and Fiduciary Administration.
• A working knowledge of fiduciary laws.
• Advanced degree of certification such as JD, LLM, CPA, or CTFA preferred.

About Cornerstone National Bank & Trust Company:

Founded in 2000, Cornerstone National Bank & Trust Company was built on the principle of developing long-term relationships with individuals, families, and small to medium-sized businesses by providing a full array of the highest quality financial products and services. With locations in Palatine, Crystal Lake, Deer Park, Naperville, and Schaumburg, the bank offers services in personal banking, commercial lending, wealth management, mortgages, and more.

Seniority level

• Executive

Employment type

• Full-time

Job function

• Finance and Sales
• Industries: Banking