Trust Administrator

Hightower•Houston, TX

1d•$80,000 - $85,000•Hybrid

About The Position

Hightower Trust Company, a wholly owned subsidiary of Hightower, provides fiduciary services and investment management oversight to Hightower advisors and their clients. The Trust Administration team serves financial advisors and clients by managing accounts accurately and efficiently, following governing documents, mitigating account risk, and adhering to policies and procedures. The team maintains relationships with Hightower registered investment advisors and provides customer service to trust beneficiaries. The Trust Administrator assists Trust Officers and directors with account administration, cashiering, and account maintenance. The role responds to client inquiries, researches account-related matters, supports account reviews and maintenance, and works with Trust Operations on distributions and other disbursements. The position reports to the Vice President, Investment Management, Trust Company.

Requirements

Bachelor’s degree.
Three years of trust administration and/or estate planning experience, including fiduciary trust administration.
Practical experience in an RIA and/or wealth management environment.
Ability to work in a fast-paced environment, with excellent time management and the ability to balance competing priorities.
Strong analytical skills, including researching problems, determining root causes, and identifying and implementing solutions.
Strong organizational skills and ability to handle multiple priorities without sacrificing quality, accuracy, or deadlines.
Strong attention to detail.
Proficiency in Microsoft Office applications.
Excellent interpersonal, written, and verbal communication skills, and ability to deal effectively with a variety of people.
Ability to work independently and efficiently and collaboratively in a group setting.
Self-motivation and initiative.
Knowledge of trust administration principles.
Unrestricted U.S. work authorization without current or future sponsorship requirements.

Nice To Haves

CTFA or ATFA designation.

Responsibilities

Respond to client inquiries in accordance with service standards.
Research account-related matters for clients or Trust Officers.
Assist with post-acceptance and annual administrative account reviews.
Assist with account maintenance.
Collaborate with Trust Operations to set up distributions and other disbursements accurately and promptly.
Prepare and review daily custodial reports covering Trust Company distributions, periodic payments, and overdrafts.
Assist Trust Officers and directors in administering accounts, processing cashiering, and completing account maintenance.

Benefits

Medical, dental, and vision insurance coverage beginning on the first day of employment.
Paid parental leave: 16 weeks for a primary caregiver and 8 weeks for a secondary caregiver.
Onsite mother’s lounge.
Flexible PTO plan.
In-office Monday through Thursday and work from home on Fridays.
Free gym at the Chicago office.
401(k) matching plan.
HSA employer contributions.
Student loan assistance.
Pet insurance.
Base salary of $80,000–$85,000, dependent on experience, plus discretionary bonus.