Position Type

Regular

Location

Hybrid remote in Wilmington, DE 19880

Position overview

At Schwab, you have the opportunity to make a meaningful impact on your career. Innovative thinking paired with practical problem solving drives us to challenge the status quo and advance the finance industry together. We value in office collaboration and expect the successful candidate to work on site at the designated locations. Applicants must be authorized to work in the United States on a full-time basis without employer sponsorship.

Key responsibilities

Serve as the primary contact for an assigned book of trust accounts.
Ensure each trust account is administered in accordance with applicable laws, regulations, and the governing instrument.
Maintain high client service levels by promptly researching and responding to registered investment advisors, trust beneficiaries, internal financial consultants, and other centers of influence in the account relationship.
Present discretionary memorandums for review and approval by the Discretionary Distributions Committee.
Document directed distributions for the administrative file and for the Personal Trust Fiduciary Committee.
Manage the volume of new accounts through the post-acceptance administrative review process.
Ensure proper receipt of and accounting for miscellaneous assets in established trust accounts.
Respond to initial inquiries from Schwab advisors, third party contacts, and private individuals regarding current and future trust prospects.
Perform Post Acceptance and Annual administrative account reviews for assigned accounts.
Participate in special projects as needed.
Provide support to the Senior Trust Officer and Director.
Provide training and support to junior staff.

What you have

5+ years of personal trust administration experience as the primary trust professional managing an assigned book of business.
Experience with directed trusts is preferred.
Bachelor’s degree or higher, CTFA preferred, or equivalent work experience.
Strong knowledge of trust administration principles and practical experience administering trusts governed by Delaware and Nevada law is a plus.
Superior organizational skills and the ability to handle multiple priorities without sacrificing quality or accuracy.
Excellent interpersonal and communication skills and the ability to engage effectively with a variety of people.
Highly motivated and a self-starter.
In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

What’s in it for you

At Schwab, you are empowered to shape your future. We support your growth through meaningful work, ongoing learning, and a culture of trust and collaboration, enabling you to build skills that deliver a lasting impact. Our Hybrid Work and Flexible approach balances ongoing flexibility with the value of in-person collaboration for serving clients.

We offer a competitive benefits package that supports your well-being today and in the future: 401(k) with company match and Employee Stock Purchase Plan; paid time off for vacation and volunteering, plus a 28-day sabbatical after every five years of service for eligible positions; paid parental leave and family building benefits; tuition reimbursement; health, dental, and vision insurance.

Hashtag: #SchwabBTSjobs

Trust Officer

Job Description