VP, Trust Officer

Wintrust Financial Corporation•Holland, MI

1d•$85,000 - $110,000•Onsite

About The Position

Wintrust Wealth Management serves private clients, including high-net-worth individuals, business owners, and institutions, with investment, trust, and asset management services. The VP, Trust Officer represents Wintrust Private Trust Company in fiduciary relationships, administering trusts, estates, IRAs, custody accounts, and conservatorships from account setup and asset collection through ongoing administration and final distribution. The role also develops client and professional referral relationships, grows business for Wintrust Private Trust and Macatawa Bank, and oversees account operations and compliance. The position requires a bachelor's degree and at least eight years of trust administration experience, along with extensive knowledge of estates, personal trusts, IRAs, and investment management accounts. The estimated salary range is $85,000–$110,000, with eligibility for an annual bonus. The role is identified as onsite.

Requirements

Bachelor's degree required.
At least 8 years of trust administration experience.
Extensive knowledge of estates, personal trusts, IRAs, and investment management accounts.
Exceptional verbal and written communication skills.
Proficiency with Microsoft Office Suite, including Word, Outlook, and Excel.
Ability to manage multiple responsibilities in a fast-paced and often stressful environment.
Strong sales acumen.
Ability to communicate and relate effectively with professionals, clients, and partners with varied educational backgrounds, interests, and beliefs.

Responsibilities

Represent Wintrust Private Trust Company as trustee for irrevocable and revocable trusts, including reviewing documents, accepting fiduciary roles, collecting cost and tax information, coordinating investments, and completing final distributions.
Partner with the real estate team to protect and insure real estate and oversee its sale or purchase.
Coordinate annual tax return preparation, investment reviews, and client meetings.
Protect estate and trust assets; review and settle medical claims and other liabilities and locate heirs.
Prepare discretionary requests for appropriate presentation and review or approval.
Open and coordinate investment management and individual retirement accounts.
Collect assets, cost basis, and acquisition dates, and review special investment requirements and objectives with clients.
Coordinate meetings with portfolio managers, Wintrust Private Client, and other internal partners.
Contact clients regarding required minimum distributions from IRAs and order distributions.
Open custody accounts and collect assets and tax information.
Explain the advantages of managed accounts and seek to upgrade fee levels.
Open accounts, collect assets, and oversee financial matters for wards in conservatorships and for revocable or irrevocable trusts.
Manage substantive estate matters, including budgets, annual accountings, suitable real estate purchases, tax documents, asset collection, liability resolution, legal document review, and probate court appearances.
Serve as primary relationship contact for wards, families, and guardians of the person; respond to their needs and explain estate matters.
Cultivate referral relationships with area lawyers, accountants, and other centers of influence.
Work with Wintrust Wealth Management teams, financial advisors, Great Lakes Advisors, commercial partners, and bank staff to cross-sell to Wintrust clients.
Retain existing clients, generate new revenue, grow business for Wintrust Private Trust and Macatawa Bank, and identify additional assets or referrals from existing clients.
Monitor account files for compliance with Wintrust Private Trust policies and procedures.
Initiate and monitor asset transfers.
Coordinate with support staff on cash processing, account opening and closing, file maintenance, and written correspondence.
Review fees for appropriateness and maintain organized physical and electronic files.
Maintain supplies and marketing materials.
Complete internal account reviews and coordinate with portfolio managers.