Wealth Management & Trust Operations Associate

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

Benefits offered by this job

Medical coverage

Dental and Vision coverage

Life Insurance

Disability (short/long)

401(k) with employer match

Voluntary benefits

Job summary

Devon Bank is seeking a Wealth Management and Trust Assistant Administrator to provide administrative, operational, and client service support to Wealth Advisors and the Trust Department in Chicago.

You will handle account administration, meeting coordination, client communications, and day-to-day operations, ensuring an exceptional client experience. Requires 1–5 years in financial services or wealth management, plus a finance-related bachelor’s degree.

Qualifications

• 1-5 years of experience in financial services or wealth management.
• Bachelor’s degree in finance, economics or related field.
• Excellent analytical skills to interpret and understand financial data.
• Strong communication and relationship-building skills.

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 communication

Wealth management

Analytical skills

MS Office

Education

Bachelor's degree in finance, economics or related field

Tools

Outlook

Excel

Word

Job description

Devon Bank is seeking a Wealth Management and Trust Assistant Administrator to provide administrative, operational, and client service support to Wealth Advisors and the Trust Department in Chicago.

You will handle account administration, meeting coordination, client communications, and day-to-day operations, ensuring an exceptional client experience. Requires 1–5 years in financial services or wealth management, plus a finance-related bachelor’s degree.