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Open nowPosted 5 days ago

Trust Administrator

Hightower59 open roles

Pay
$75,000 – $85,000 a year
Where
Chicago, IL, USA
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Your applicationOpen nowTrust AdministratorHightower · Chicago, IL, USA

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Hightower postings stay open a median of 21 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 57.8%60 days
This job: posted 5 days ago

Hightower median: 21 days open

The posting

Our Story Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their financial vision. Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).

Hightower Trust Company is a wholly owned subsidiary of Hightower and exclusively serves Hightower’s advisors and their clients. Hightower Trust Company provides fiduciary services and investment management oversight to help preserve clients’ wealth, giving them peace of mind that their trusted professionals will be there to support their families for years to come.

Your Future Team Reporting to the Vice President, Investment Management, Trust Company, the Trust Administration team provides exceptional service to financial advisors and clients by accurately and efficiently managing all accounts and ensuring the terms of the governing document are followed, mitigating risk within accounts, and following all policies and procedures. The team maintains strong working relationships with Hightower’s registered investment advisors and provides superior customer service to trust beneficiaries. The Trust Administrator is responsible for assisting Trust Officers and directors in administering accounts, processing cashiering, and completing account maintenance.

What You’ll Do Client Services

Respond to client inquiries in accordance with our service standards

Research various account-related matters for clients or Trust Officers

Account Administration

Assist with post-acceptance and annual administrative account reviews

Assist with account maintenance

Operations

Collaborate with Trust Operations to accurately and promptly set up distributions and other disbursements

Prepare and review daily custodial reports (Trust Company distributions, periodic payments, and overdrafts)

What You’ll Bring

Bachelor’s degree

3 years of trust administration and/or estate planning experience; fiduciary trust administration

Practical experience in the RIA and/or wealth management environments

CTFA or ATFA designation preferred

Ability to work in a fast-paced environment, including excellent time management skills and the ability to balance multiple competing priorities

Strong analytical skills, including the ability to research problems, determine root causes, and identify and implement solutions

Superior organizational skills and the ability to handle multiple priorities with grace without sacrificing quality, accuracy, or deadlines

Laser-focused attention to detail

Proficiency in Microsoft Office applications

Excellent interpersonal, written, and verbal communication skills and the ability to deal effectively with a variety of people

Ability to work independently and efficiently and also to work well in a group setting

Highly motivated self-starter

Knowledge of the principles of trust administration

What We Offer

Coverage on the first day of employment for medical, dental, and vision insurance Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver) Mother’s lounge onsite Flexible PTO plan In-office Monday through Thursday and work from home on Fridays Free brand-new gym in the Chicago office 401k matching plan HSA employer contributions Student loan assistance Pet insurance Base salary of $75,000- $85,000 plus discretionary bonus (exact base salary amount will be dependent on experience)

AN EQUAL OPPORTUNITY EMPLOYER: Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.

You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.

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