Trust Managing Director
Aurora, IL
6/28/2024
Personal Trust Director – West Suburb of Chicago
The Personal Trust Director focuses on three main objectives: managing the Trust team, driving business growth, and integrating Trust Operations and Compliance practices. The location is flexible, with offices in West Chicago Suburbs and downtown Chicago.
DUTIES & RESPONSIBILITIES
- Lead and manage the Trust Team, which is made up of ten (10) sales and relationship managers, and operations personnel.
- Oversee administrative activities related to estates, trusts, guardianships, and agency accounts.
- Cultivate and leverage networks to establish and expand client relationships.
- Directly manage or delegate client relationships to internal Trust advisors.
- Foster relationships within the Wealth team to enhance service offerings.
- Oversee the creation of financial plans for clients, including investment advice, risk management, and trust options.
- Ensure compliance with federal and state regulatory fiduciary policies.
- Engage the team in continuous learning of trust, tax, and related subjects.
- Regularly evaluate and improve complex processes, policies, and procedures.
- Partner with EVP to create an annual budget and establish strategic goals.
QUALIFICATIONS
- Bachelor’s degree in business, finance, or a related field.
- JD, CFP, or CTFA is not required but strongly preferred.
- 10 or more years of experience in Trust Administration, including management of people and processes
- Advanced knowledge of estate and tax planning strategies, state and federal trust, tax, and financial regulations.
- Client-focused with strong decision-making skills.
- High level of confidentiality and privacy for client information.
- Proactive relationship building and growth mindset with both clients and colleagues alike.
- Superior attention to detail, organization and time management while being self-directed and accountable.