Charles Schwab Trust Officer in Henderson, Nevada
We believe that , when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.
As a company, we were established by Chuck over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.
Banking & Trust Services (BTS) is the business enterprise within Schwab overseeing Charles Schwab Bank and the Charles Schwab trust companies. The BTS organization offers deposit, loan and trust products to Schwab clients who are looking for holistic wealth management solutions that complement their brokerage activities. The integrated banking and brokerage services represent the strong value proposition we offer our clients.
Charles Schwab Bank is a full-service bank that offers a range of competitive deposit and lending products. In 2003, we launched Schwab Bank as a bank for investors, and it has grown to be the 13th largest bank in the United States. Our goal is to offer a banking experience that complements the Schwab brokerage capabilities, providing banking products tailored to meet our clients’ unique needs as investors, all in one convenient location. Consistent with the brand, we offer exceptional client experience.
The Trust Officer is an expert in trust administration, responsible for executing Charles Schwab Trust Company’s (CSTC) fiduciary duties as trustee. The Trust Officer is responsible for client management, developing relationships with and providing a high level of service to, trust beneficiaries, and other interested parties for an assigned book of business. The Trust Officer ensures compliance with all CSTC policies and procedures, as well as all applicable state and federal regulations in the context of their responsibilities .
What you’ll do:
Provide a high level of service to trust beneficiaries and associated parties.
Responsible for the specialized administration of fiduciary accounts.
Ensure each trust account is administered in accordance with applicable laws, regulations, and the terms of its governing instrument.
Partner with the investment and portfolio management team to ensure that the trust is being properly administered.
Present and escalate administrative matters to the leadership team.
Create and present discretionary distribution requests to a committee for review.
Perform Post Acceptance and Annual administrative account reviews for assigned accounts.
Participate in special projects as needed.
Provide support to the Managing Director.
Provide training and support to junior staff.
What you have:
5+ years of experience in personal trust administration
Bachelor’s degree required; JD, CTFA, CFP or paralegal preferred
Strong knowledge of the principles of trust administration and practical experience in administering trusts
Detail oriented, superior organizational and time management skills
Excellent written and verbal communication skills
Highly motivated and a self-starter with the ability to work in a team environment
You demonstrate these behaviors:
Adaptability: The ability to keep functioning effectively when under pressure and maintain self-control in the face of hostility or provocation.
Customer Orientation: Demonstrated concern for satisfying one’s external and/or internal customers.
Interpersonal Effectiveness: The ability to notice, interpret, and anticipate others’ concerns and feelings, and to communicate this awareness empathetically to others.
Technical Expertise: Depth of knowledge and skill in a technical area (Trust Administration).
Thoroughness: Ensuring that one’s own and other’s work and information are complete and accurate; careful preparation for meetings and presentations; following up with others to ensure that agreements and commitments have been fulfilled.
What you’ll get:
Everyday Wellness: Healthy Rewards, Onsite Fitness Classes, Healthy Choices, Wellness Champions
Financial Fitness: 401k Match, Employee Discounts, Personalized advice, Brokerage discounts
Work/Life Balance: Sabbatical, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer
Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships
Not just a job, but a career, with an opportunity to do the best work of your life
Learn more about Life@Schwab at http://www.aboutschwab.com/careers/lifeatschwab/" .
Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law.
Position Located In: NV - Henderson