Wealth Management & Trust Support Specialist

Paylocity; Chicago, Northern (IL, KY); Hybrid; USD 43,000 - 52,000; Full time

Benefits offered by this job

Medical coverage

Dental/Vision

Life Insurance

Disability

401(k) match

Voluntary benefits

Job summary

Devon Bank, a community-focused Chicago bank, seeks a Wealth Management and Trust Assistant Administrator to support Wealth Advisors and the Trust Department with account administration and client communications.

This role involves coordinating meetings, processing distributions, wires, and preparing client reports, while upholding regulatory and internal policies. 1–5 years’ experience in financial services is preferred.

Qualifications

• 1–5 years of experience in financial services or wealth management.
• Bachelor’s degree in finance, economics or related field.
• Excellent analytical skills and ability to interpret financial data.
• Strong communication and relationship-building skills.
• Proficiency in Microsoft Office, especially 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 documentation is complete and compliant.
• Process discretionary and recurring distributions, bill payments, and wire transfers accurately.
• 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 financial regulations and company policies.

Skills

Analytical skills

Communication skills

Relationship building

Education

Bachelor's degree in finance/economics

Tools

Microsoft Office Suite

Outlook

Excel

Word

Job description

Devon Bank, a community-focused Chicago bank, seeks a Wealth Management and Trust Assistant Administrator to support Wealth Advisors and the Trust Department with account administration and client communications.

This role involves coordinating meetings, processing distributions, wires, and preparing client reports, while upholding regulatory and internal policies. 1–5 years’ experience in financial services is preferred.