Wintrust Financial Corporation · 17 hours ago
VP, Trust Officer (Estate Settlement)
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$95K/yr - $125K/yr
5+ years expWintrust Financial Corporation is a financial services company dedicated to serving high net worth individuals and institutions. The VP, Trust Officer will oversee the administration and settlement of estate accounts, ensuring compliance and developing new business relationships.
Financial ServicesWealth Management
Responsibilities
Responsibilities will include providing complete administration and settlement of estate accounts which may also include personal trust estate settlement accounts, individual retirement accounts, investment management agencies, up to and including moderately complex situations
Represents the bank in contacts with customers, attorneys, beneficiaries and other related parties
Administers assigned personal accounts; studies and analyzes the trust instrument, probate documents or other governing document; determines and adheres to the responsibilities, duties, and terms of the governing 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 during an administration of accounts
Develops new business; consults with others and refers other colleagues to new business prospects
Obtains appropriate documentation on accounts; authorizes payments from accounts, considers tax liabilities, and recommends/approves discretionary payments in accordance with bank policies
Represents the bank in business-related activities including professional organizations, conferences, and seminars, and in other similar situations
Administers accounts from asset collection through distributions per terms of document. Protect, insure, and oversee sale of real estate, financial assets, collections, and personal property. Locates tax returns and financial records for tax returns and coordinates preparation and filing
Represent the company as Trustee with irrevocable and probate estates from reviewing documents, accepting a fiduciary role, collecting cost and tax information through investment process and final distribution. Preparations of annual tax returns are coordinated as are investment reviews and meetings with clients
Open and coordinate investment role with investment management accounts for guardianships, estates and personal and individual retirement account assets. Collect assets with cost basis and acquisition dates and review with client special investment requirements and investment objectives. Coordinate meetings with portfolio managers or other outside investment managers. Contact clients with required minimum distributions from IRAs and order distributions as well as other distributions from IRAs. Transfer cash and assets as requested
Develop and maintain relationships with area lawyers, accountants, and centers of influence for business referrals. Work closely with other team members of Wintrust Wealth Management and the Bank in cross selling opportunities, where appropriate
Initiate and monitor asset transfers
Review fees as to appropriateness
Maintain files, supplies, and marketing material
Maintain internal reviews of all accounts and coordinate with portfolio managers when needed
Participates in special projects, as requested
Qualification
Required
Bachelor's degree preferred; successful completion of Certified Trust and Financial Advisor program desired yet not required
Minimum of 5 years of estate or trust settlement experience
Requires knowledge of estates, personal trusts, IRAs, and investment management accounts
Exceptional verbal and written communication skills
Highly proficient per Microsoft Office Suite (Word, Outlook, Excel, etc.)
Benefits
Medical Insurance
Dental
Vision
Life insurance
Accidental death and dismemberment
Short-term and long term Disability Insurance
Parental Leave
Employee Assistance Program (EAP)
Traditional and Roth 401(k) with company match
Flexible Spending Account (FSA)
Employee Stock Purchase Plan at 5% discount
Critical Illness Insurance
Accident Insurance
Transportation and Commuting Benefits
Banking Benefits
Pet Insurance
Company
Wintrust Financial Corporation
Wintrust Financial Corporation delivers sophisticated financial capabilities with a community bank personality across its businesses in banking, specialty finance, and wealth management.
5001-10000 employees
H1B Sponsorship
Wintrust Financial Corporation has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (26)
2024 (15)
2023 (19)
2022 (27)
2021 (10)
2020 (7)
Funding
Current Stage
Public CompanyTotal Funding
$683MKey Investors
CIVC Partners
2025-05-08Post Ipo Equity· $425M
2022-06-07Post Ipo Equity· $258M
2020-05-05IPO
Leadership Team
Timothy Crane
President and Chief Executive Officer
Recent News
2026-01-22
2026-01-21
Company data provided by crunchbase