Wealth Management and Trust Assistant Administrator

Devon Bank • Chicago, IL

2d • $31 - $38

About The Position

The Wealth Management and Trust Assistant Administrator provides administrative, operational, and client service support to Wealth Advisors and the Trust Department. This role helps ensure an exceptional client experience by assisting with account administration, meeting coordination, client communications, and day-to-day operational activities.

Requirements

• 1-5 years of experience in financial services or wealth management
• Bachelor’s degree in finance, economics or a related field
• Excellent analytical skills and ability to interpret and understand financial data
• Strong communication and relationship building skills
• Proficiency in Microsoft Office Suite, particularly Outlook, Excel, and Word.

Responsibilities

• Maintain regular communication with clients to understand and respond to their financial needs and requests.
• Provide administrative support, including maintaining client information, processing documentation, and coordinating with internal departments.
• Coordinate account openings, closings, and distributions, ensuring all required documentation is complete and compliant with applicable policies and procedures.
• Process discretionary and recurring distributions, bill payments, and wire transfers accurately and efficiently.
• Prepare client account reports and presentations for client meetings.
• Communicate with clients, Wealth Advisors, auditors, and tax preparers as needed.
• Assist Administrators with client meetings, including reviewing trust and account agreements.
• Ensure compliance with applicable financial regulations, company policies, and established procedures.
• Perform other duties and responsibilities as assigned.

Benefits

• UnitedHealthcare (UHC) Medical coverage
• Dental and Vision coverage through Guardian
• Employer-paid Life Insurance, plus Short- and Long-Term Disability
• 401(k) with employer match
• Voluntary, employee-paid options such as legal coverage, accident insurance, pet insurance & more

What This Job Offers

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