Associate, Trust Services

Cresset Capital • Minnetonka, MN

11h

About The Position

About Cresset
Cresset is a firm built by clients, for clients. As an independent, award-winning multi-family office and private investment firm, we are reimagining the way wealth is experienced. Our purpose is to help ensure that both wealth and life are fully optimized—integrated, intentional, and aligned with each client’s vision of success. We provide access to the caliber of talent, ideas, and investment opportunities typically available to the largest single-family offices and institutions. Our approach is personalized, entrepreneurial, and client-first. Proudly owned by our clients and employees, Cresset was built to endure. We are creating a 100+ year firm—one focused on delivering an exceptional experience, not only for the families we serve but for the team that serves them. Our commitment to clients has earned recognition by Barron’s and Forbes, listing us among the nation’s top RIA firms. Cresset is guided by long-term relationships, shared success, and a belief that wealth should serve a life well lived. Learn more at www.cressetcapital.com . About Cresset Trust Company Cresset Trust Company creates plans that deliver a family’s trust needs, serving at the highest fiduciary standard. Our South Dakota presence uniquely positions Cresset Trust Company (CTC) to offer the benefits of favorable trust and tax laws, significant asset protection and privacy. Our flexibility and customization make us a preferable alternative to many large institutions. Cresset is seeking an Associate, Trust Services for the Cresset Trust Company with 3+ years of experience, with trust administration, legal, accounting, financial services or related industry experience. The Associate supports the trust services team and manages operational and administrative aspects for Cresset Trust Company.

Requirements

• BA in Finance, Accounting, or related degree
• 3+ years of experience in trust administration, legal, accounting, financial services or related industry
• Proven ability to handle confidential information with discretion and demonstrate the highest level of client service, ethics, and integrity
• Strong writing proficiency and excellent communication skills
• Demonstrates strong numerical aptitude
• Possesses outstanding organizational skills and the ability to manage and balance multiple projects simultaneously
• Demonstrates initiative, problem solving ability, and adaptability and flexibility
• Ability to work independently without direct supervision
• Excellent interpersonal skills with the ability and desire to work on a team
• Proficient with MS Excel, Word, and MS PowerPoint

Nice To Haves

• Advanced certification, or actively working toward one, preferred (ex: CTFA, CFP®, CPA)
• Experience with Salesforce® and/or reporting software is a plus
• Familiarity with South Dakota Division of Banking, SEC and other company required rules and regulations is a plus

Responsibilities

• Compiles information and prepares presentations for meetings
• Generates trust accountings and custom financial reports
• Coordinates annual statement review and delivery
• Reviews and updates trust asset values
• Assists with updates to investments
• Manages trustee fee billing process
• Maintains trust records and action items in Salesforce®
• Monitors trust company inbox, organizes and delivers information to parties
• Coordinates with advisors on materials required for board meetings
• Maintains a high level of compliance standards at all times
• Assists with information gathering and onboarding paperwork
• Organizes file information and trust documentation
• Monitors and follows up on tasks and projects
• Supports trust advisor team
• Communicates with advisors, CPAs, attorneys, trust officers, etc.
• Other duties may be assigned

Benefits

• Cresset offers a competitive compensation package including an annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs.

What This Job Offers

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