Trust Officer

Wealth Enhancement Group • Sioux Falls, SD

4d • $110,000 - $120,000 • Onsite

About The Position

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 90,000 households from our over 175 offices - and growing - nationwide. Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com. Our Sioux Falls, SD office has an exciting opportunity for a Trust Officer! The Trust Officer is responsible for administering a portfolio of trust accounts, including complex and high-value relationships, in accordance with governing documents, company policies, and regulatory requirements. The role exercises independent judgment and partners with internal teams to ensure high-quality client service, operational accuracy, and compliance. This position may assist in training and oversight of Trust Administrators and/or Administrative Assistants but has no direct reports. This role is an on-site position located at 5006 S Broadband Ln Unit 110, Sioux Falls, SD 57108. In the spirit of pay transparency, we are excited to share the base salary range for this position is $110,000.00 to $120,000.00, exclusive of bonuses and benefits. This role is also eligible to participate in the annual corporate bonus plan. We encourage you to apply and provide us with your compensation expectations when you do. We're big on open conversations, so, let's have one.

Requirements

• Bachelor's degree (or equivalent experience) required.
• Experience with Microsoft Office suite.
• Well-developed written and verbal communication skills with the ability to successfully interact with people at all levels of the organization.
• Strong organization and attention to detail.

Nice To Haves

• Minimum of 3 years’ experience as a Trust Officer (preferred).
• A Certified Trust Financial Advisor designation, (preferred).
• Salesforce experience a plus.

Responsibilities

• Administer a portfolio of client accounts, including complex structures and diverse asset classes.
• Serving as the primary contact for clients, advisors and external partners;
• Answering client questions and coordinating delivery of services;
• Facilitating and overseeing distributions, transactions and daily account activity;
• Maintain ongoing client communication and service delivery;
• Review account activity, statements and fee collection;
• Oversee completion of the tax preparation process;
• Perform annual account reviews;
• Maintain complete and audit-ready account documentation;
• Review onboarding documentation and account closing packages;
• Process asset additions, transfers, and revocations;
• Ensure timely completion of all assigned projects.
• Adhere to company policies, procedures, and regulatory requirements including BSA/AML;
• Support audits, exams, and regulatory interactions.
• Complete annual administrative, risk, and investment reviews.
• Prepare and present discretionary requests to committee.
• Promote strong compliance culture and process improvements.
• Assist in training and mentoring assigned team members.
• Participate in department meetings and initiatives.
• Support process consistency and operational improvements.
• Partner with and communicate frequently and effectively with Financial Advisors and clients’ attorneys on all trust and estate matters.
• Attend and coordinate with external client advisors, including accountants, attorneys and family offices.
• Maintain knowledge of trust laws and industry practices.
• Participate in continuing education.
• Manage competing priorities in a dynamic environment.
• Perform other duties as assigned.

Benefits

• Training and professional development
• Medical, dental and vision coverage (Available to full-time employees and their families)
• Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
• Life and AD&D insurance – employer paid and voluntary options
• Short-term and long-term disability, workers compensation – employer paid
• 401k with match and profit sharing
• Wellness programs and resources
• Voluntary benefits, including pet insurance
• 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
• 12 paid holidays each year (10 pre-determined and 2 floating days)
• Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)
• Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)

What This Job Offers

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