Wealth Management & Trust Assistant Administrator

Devon Bank; Chicago (IL); On-site; USD 43,000 - 52,000; Full time

Benefits offered by this job

Medical coverage

Dental & Vision

Life Insurance

Disability insurance

401(k) with employer match

Voluntary coverages

Job summary

Devon Bank is hiring a Wealth Management and Trust Assistant Administrator to provide administrative, operational, and client service support to Wealth Advisors and the Trust Department in Chicago, IL. The role focuses on maintaining client relationships, processing documentation, and coordinating with internal teams to ensure accurate account administration and compliant processes.

The position requires 1-5 years in financial services or wealth management, a bachelor’s degree, and strong

Qualifications

• 1-5 years of experience in financial services or wealth management.
• Bachelor’s degree in finance, economics or a related field.
• Excellent analytical skills and ability to interpret and understand financial data.
• Strong communication and relationship building skills.
• Proficiency in Microsoft Office Suite, particularly Outlook, Excel, and Word.

Responsibilities

• Maintain regular communication with clients to understand and respond to their financial needs and requests.
• Provide administrative support, including maintaining client information, processing documentation, and coordinating with internal departments.
• Coordinate account openings, closings, and distributions, ensuring all required documentation is complete and compliant with applicable policies and procedures.
• Process discretionary and recurring distributions, bill payments, and wire transfers accurately and efficiently.
• Prepare client account reports and presentations for client meetings.
• Communicate with clients, Wealth Advisors, auditors, and tax preparers as needed.
• Assist Administrators with client meetings, including reviewing trust and account agreements.
• Ensure compliance with applicable financial regulations, company policies, and established procedures.
• Perform other duties and responsibilities as assigned.

Skills

Client service

Communication skills

Analytical skills

Relationship building

Education

Bachelor’s degree in finance or economics

Tools

Microsoft Office Suite

Excel

Outlook

Word

Job description

Devon Bank is hiring a Wealth Management and Trust Assistant Administrator to provide administrative, operational, and client service support to Wealth Advisors and the Trust Department in Chicago, IL. The role focuses on maintaining client relationships, processing documentation, and coordinating with internal teams to ensure accurate account administration and compliant processes.

The position requires 1-5 years in financial services or wealth management, a bachelor’s degree, and strong