Associate Trust Officer - Private Client

JTC Group • Rapid City, SD

1d • Hybrid

About The Position

South Dakota Trust Company's business is designed to accommodate the needs and desires of wealthy clients, both domestically and internationally, by providing flexible, cost-effective, service-oriented trust administration. The company focuses on serving families’ individual goals while preserving family wealth in perpetuity.

The Associate Trust Officer manages and administers trust accounts, ensuring compliance with legal and fiduciary obligations while maintaining strong relationships with trusted partners. The role oversees trust operations and works with SDTC’s PTC partners to fulfill regulatory and reporting requirements.

Requirements

• Bachelor’s degree in finance, business, law, or a related field.
• Minimum of 2 years of experience in trust administration, estate planning, or wealth management.
• Strong understanding of fiduciary responsibilities, estate planning principles, and tax implications.
• Excellent client relationship management skills, with a focus on confidentiality and trust.
• Strong analytical, problem-solving, and organizational skills.
• Proficiency in trust accounting systems and financial software.
• Effective communication and interpersonal skills.
• Ability to work collaboratively with internal and external stakeholders.

Nice To Haves

• CTFA, CFP, or CPA designation.

Responsibilities

• Administer and manage trust accounts, ensuring compliance with fiduciary laws, policies, and regulations.
• Serve as the primary point of contact for PTC partners and trusted advisors, providing service and addressing inquiries.
• Develop and implement trust strategies tailored to clients' financial and estate planning needs.
• Review trust documents, interpret their terms, and ensure adherence to the grantor’s intent.
• Coordinate with legal, tax, and investment professionals to fulfill filing requirements.
• Monitor distributions and account activities for compliance with trust provisions.
• Prepare and present reports on trust activities to SDTC’s PTC partners and trust beneficiaries.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level