Senior Trust Officer
$140k - $150kHighTower Advisors
Senior Trust OfficerFounded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower's capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their financial vision. Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).Hightower Trust Company is a wholly owned subsidiary of Hightower and serves Hightower's advisors and their clients exclusively. Hightower Trust Company provides fiduciary services and investment management oversight to help preserve clients' wealth, giving them peace of mind that their trusted professionals will be there to support their family for years to come.Adaptable. Our team members have the instinctive need to achieve objectives despite the hurdles that may come along the way. They are ready to join a fast-paced environment and are adaptable to constant change.Agile. Our team members are comfortable navigating ambiguity and working with competing priorities. They maintain composure and remain positive under pressure and know how to influence stakeholders even when the situation might be complex.Team player. Our team members are energetic and people-oriented individuals you are ready to roll of their sleeves, trust their teammates, and provide support as needed. They are top performers that take pride in working at an elite advisory practice.Clear communicator. Our team members possess excellent communication skills and practice giving and receiving feedback to colleagues and clients consistently.The Senior Trust Officer will administer a book of trust accounts in accordance with applicable law and sound fiduciary principles while also cultivating relationships with clients and advisors.Interpret legal documents and ensure trusts are administered in accordance with applicable laws, regulations, and governing instrumentsMaintain high client and advisor service levels through prompt research and response to inquiriesCollaborate with clients, advisors, and internal partners to achieve client objectives while maintaining fiduciary integrityPerform post-acceptance and annual administrative account reviewsProactively identify trust issues and partner with management, investments, tax, legal and compliance to take appropriate action to resolve themPrepare and present discretionary memoranda for committee review and approvalDirect middle office to initiate account changes like terminationsMaintain current knowledge of developments in the trust legal and regulatory environmentParticipate in special projects as assignedA minimum of 10 years of trust administration and/or estate planning experience with at least 7 year as a trust officerJD preferred; Masters or BA/BS from an appropriately accredited educational institution plus relevant trust education/experience/designations considered in lieuStrong knowledge of the principles of trust administration requiredPractical experience in the RIA and/or wealth management environments strongly preferredAbility to work in a fast-paced environment including excellent time management skills and ability to balance multiple competing prioritiesStrong analytical skills including the ability to research problems, determine root causes, and identify and implement solutionsSuperior organizational skills and the ability to handle multiple priorities with grace without sacrificing quality, accuracy or deadlinesLaser-focused attention to detailProficiency in Microsoft Office applicationsExcellent interpersonal and written and verbal communications skills, and the ability to deal effectively with a variety of peopleAbility to work independently and efficiently and also to work well in a group settingHighly motivated self-starterCoverage on the first day of employment for medical, dental, and vision insurancePaid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)Mother's lounge onsiteFlexible PTO planIn-office Monday through Thursday and work from home on FridaysFree brand-new gym in the Chicago office401k matching planHSA employer contributionsStudent loan assistancePet insuranceBase salary of $140,000- $150,000 plus discretionary bonus (exact base salary amount will be dependent on experience)Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.
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