Trust & Estate Settlement Advisor

Position Summary

The Trust and Estate Settlement Advisor is primarily responsible for overseeing and managing postmortem trust and estate settlement accounts within Wealth Management, adhering to legal and fiduciary standards. This role also involves supporting the broader management of these accounts across the organization.

Duties & Responsibilities

• Effectively oversee, manage, and support postmortem trust and estate settlement account administration, ensuring compliance with governing instruments, laws, and ethical principles.
• Participate in all aspects of administration, including asset collection, investment decisions, and coordination with tax professionals.
• 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, as well as relevant state and federal regulations.
• Collaborate with Fiduciary Advisors to manage client expectations, enhance client experiences, and promote Trust and Estate Settlement services.
• Engage in internal education initiatives and sales opportunities by actively 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.
• Proven sales, presentation, and client service expertise.
• Ability to analyze and interpret governing trust and/or estate documents, and apply advanced technical concepts.
• Experience in wealth management solutions, including investments, banking, and trust concepts.

Compensation & Benefits

• Salary range: $98,000 - $127,555/year.
• Potential for bonuses or incentives based on company and individual performance.
• Benefit package includes:
• 401(k) match
• Profit sharing
• Employee stock purchase plan
• Paid time off
• Medical, dental, vision, life insurance, and disability coverage
• Supplemental voluntary life insurance
• Short-term and long-term disability
• Wellness incentives
• Employee Assistance Program

Equal Opportunity

Busey is committed to a diverse and inclusive workplace and offers equal opportunity employment. We strive to recruit, develop, and retain individuals with exceptional talent, fostering a team with diverse backgrounds and perspectives.