Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business owners, and institutions. Since our founding in 1931, we have been helping clients meet their increasingly complex financial goals with the highest standards of service and integrity. Through our four companies, Wintrust Investments LLC, The Chicago Trust Company N.A., Great Lakes Advisors LLC, and The Chicago Deferred Exchange Company LLC, we offer comprehensive wealth management solutions, including investment, trust, and asset management services. Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $50 billion in assets.
VP and Trust Officer - Milwaukee, Wisconsin
Why join us?
- An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 8 years) and Employee Recommended award by the Globe & Mail (past 6 years)
- Competitive pay and discretionary or incentive bonus eligible
- Comprehensive benefits package including medical, dental, vision, life, a 401k plan with a generous company match, and tuition reimbursement, to name a few
- Family-friendly work hours
- Promote from within culture
Why join this team?
- We are a growing team with a fast-paced, collaborative, team-centric, positive culture
- We employ approximately 300 associates and are responsible for more than $25+ billion of client assets
- S trong track record of valuing and investing in existing talent by providing opportunities for growth and advancement
- We hold ourselves accountable to high standards, share wins, and operate ethically
What you will do
- Responsible for the complete administration of personal trust accounts including estates, trusts, guardianships, agencies, and escrow up to and including moderately complex situations.
- Administers assigned accounts; studies and analyzes the trust instrument; determines and adheres to the responsibilities, duties, and terms of the governing trust document; monitors account activity ensuring compliance with established policies, procedures, rules, and regulations.
- Contacts, corresponds, advises, and resolves more complicated problems with clients, beneficiaries, portfolio managers, attorneys, CPAs, and other professionals in the course of an administration of accounts.
- Obtains appropriate documentation on accounts; authorizes payments from accounts, considers tax liabilities, and recommends/approves discretionary payments following bank policies.
- Represents the bank in court appearances, in business-related activities including professional organizations, conferences, and seminars, and in other similar situations.
- Represent the company as a trustee with irrevocable and revocable trusts by reviewing documents, accepting a fiduciary role, and collecting cost and tax information through the investment process and final distribution.
- Preparations of annual tax returns are coordinated as are investment reviews and meetings with clients.
- Working with beneficiaries in the review and coordination of distribution requests, which will include budgeting and monitoring expenses.
- Open and coordinate investment roles with investment management accounts for personal and individual retirement account assets.
- Collect assets with cost basis and acquisition dates and review with client special investment requirements and investment objectives.
- Open, and collect assets, and tax information for custody accounts. Review advantages of managed accounts and attempt to upgrade fee level. Transfer cash and assets as requested.
- Develop opportunities to expand the Milwaukee office. As well as develop and maintain relationships with area lawyers, accountants, and centers of influence for business referrals.
- Generate new revenue within the market, for TCTC and retain existing client base.
- Monitor files for compliance with TCTC policies and procedures. Initiate and monitor asset transfers. Review fees as to appropriateness. Maintain internal reviews of all accounts.
Qualifications
- Bachelor's degree.
- Minimum of 5 years of estate and trust administration experience.
- Exceptional verbal and written communication skills.
- Highly proficient in Microsoft Office Suite (Word, Outlook, Excel, etc.).
- Ability to effectively communicate and relate to professionals, clients, and partners with vastly different educational backgrounds, interests, and beliefs
From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To be Chicago's Bank and Wisconsin's Bank , we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.