Trust & Estate Settlement Advisor

Position Summary

The Trust and Estate Settlement Advisor oversees and manages postmortem trust and estate settlement accounts within Wealth Management, adhering to legal and fiduciary standards. This role also supports the management of these accounts across the organization and collaborates with Fiduciary Advisors to enhance client experiences.

Duties & Responsibilities

• Effectively oversee and manage postmortem trust and estate settlement account administration, ensuring compliance with governing instruments, laws, and sound fiduciary principles.
• Participate in all aspects of administration, including asset collection, investment decisions, and coordination with tax partners.
• Maintain regular contact with Advisors, beneficiaries, attorneys, accountants, and other stakeholders, providing updates and addressing client concerns.
• Stay updated on Bank and Wealth Management policies and regulatory requirements.
• Collaborate with Fiduciary Advisors to manage client expectations, create positive client experiences, and contribute to relationship retention efforts.
• Engage in internal educational initiatives and sales activities by promoting Trust and Estate Settlement services.
• Contribute to the development and implementation of Trust and Estate Settlement Services policies and procedures.

Education & Experience

• Requires a four-year college degree. A JD is preferred.
• Knowledge of federal and state estate tax, and postmortem administration of trusts and estates.
• Strong verbal and written communication skills.
• Excellent time management and relationship management abilities.
• High-level sales, presentation, and client service expertise.
• Ability to analyze and interpret governing trust and/or estate documents, professional journals, technical procedures, governmental regulations, and federal and state statutes.
• Experience in trust and estate settlement, including investments, banking, and trust concepts.

Compensation & Benefits

• Salary range: $98,000 - $127,555/year.
• Eligible for bonuses or incentives based on company and individual performance.
• Benefits package includes 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, life insurance, disability, wellness incentives, and an employee assistance program.

Equal Opportunity

Busey is an Equal Opportunity Employer, including Disability/Vets. Unsolicited resumes from recruiters or employment agencies are considered unsolicited and will not be compensated. Please visit Busey.com/Careers for more information.