Trust Settlement Officer

About the role

Your opportunity At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo and transform the finance industry together. We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s). Schwab’s Personal Trust Services organization delivers trust and fiduciary solutions that help clients and beneficiaries navigate important life events with confidence.

Responsibilities

• Guide trust settlement activities, ensuring assets are administered and distributed in accordance with governing documents, fiduciary obligations, and firm procedures.
• Evaluate legal and financial information, manage risk, and resolve complex trust settlement matters.
• Collaborate with beneficiaries, attorneys, tax professionals, trust officers, and internal partners to coordinate settlement activities.
• Support timely trust closures and deliver a positive client experience.
• Balance multiple priorities, adapt to changing circumstances, apply sound judgment, and foster effective relationships while navigating sensitive fiduciary and estate-related situations.

Requirements

• Demonstrated experience administering trust accounts and managing fiduciary relationships, typically gained through 5+ years of personal trust administration or related fiduciary experience.
• Bachelor’s degree or higher.
• Strong knowledge of trust administration principles and practical experience administering trust accounts.
• Ability to read, interpret, and explain wills, trusts, and other legal documents.
• Strong understanding of estate, gift, and GST tax provisions, including funding formulas.
• Demonstrated ability to manage multiple priorities while maintaining accuracy, documentation quality, and follow-through.
• Strong communication and interpersonal skills with the ability to work effectively with beneficiaries, estate attorneys, executors, personal representatives, tax partners, and internal stakeholders.

Qualifications

• Experience administering trusts governed by Delaware and Nevada law.
• Experience with inherited IRAs and trusteed IRAs.
• Experience preparing or coordinating estate notices, tax filings, receipt and release documents, and trust termination documentation.
• Demonstrated risk mitigation and decision-making skills when evaluating trust activity, distributions, and fiduciary matters.
• Strong organizational skills, attention to detail, and problem-solving abilities in a trust, estate, legal, or financial services environment.
• Ability to collaborate across trust, tax, legal, operations, and client-facing teams while adapting to changing priorities.
• Self‑starter with the ability to work independently and contribute to special projects as needed.

Benefits

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28‑day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance

Pay

In addition to the salary range, this role is eligible for bonus or incentive opportunities.