Trust Administrator - Addison Group

Job Title: Trust Administrator

Location: Hybrid (3 days in-office, 2 days remote) in Wilmington, DE

Salary Range: $80000 – $85000 (with potential up to $90,000 based on experience)

Schedule: Monday–Friday, 8:00 AM–5:00 PM

Type: Permanent, Full-Time

Position Overview: We are looking for a Trust Administrator to manage a portfolio of 100+ trusts, acting as the main client liaison. In this role, you’ll handle various trust-related tasks including approving transactions, facilitating distributions, and ensuring compliance without managing investments. This position offers significant client interaction and a dynamic work environment, where you will be pivotal in supporting the client’s trust administration needs.

Responsibilities:

• Collect and organize necessary documentation for trust administration.
• Input trust details into internal systems and open bank/brokerage accounts as needed.
• Process and record investment and distribution transactions per client requests.
• Handle trust-related expenses, manage Crummey and beneficiary notices, and maintain compliance with regulations.
• Conduct annual trust reviews and assist in billing processes, including invoice preparation and collection.
• Support Patriot Act compliance for all new and transferred trusts, addressing any compliance issues.
• Offer training to Trust Administrator Assistants as needed.
• Maintain communication with clients, their legal and financial advisors, and provide high-level client service.

Qualifications:

• Bachelor’s degree in finance, accounting, or a related field, ideally with a focus on trust management.
• 2-3 years’ experience in trust administration.
• Familiarity with trust accounting software (e.g., AccuTrust, SEI, or similar).
• CTFA certification is highly preferred.
• Strong organizational skills and experience managing multiple trusts.

Benefits & Perks:

• Immediate 401(k) match (5% employee contribution with a 4% employer match)
• Access to a financial advisor for 401(k) planning
• Paid birthday off and summer Fridays (July and August)
• Professional growth opportunities within the trust division, with potential for promotions and raises
• Engaging, close-knit team environment with high visibility

Work Culture: Our client’s office environment is collaborative and socially engaging, especially within the Trust Group. This role offers a blend of in-office and remote work, with a business casual dress code.

This is an exciting opportunity to make a substantial impact while enjoying work-life balance. Apply today to join a dynamic team dedicated to client-focused trust administration.

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.