Trust & Estate Settlement Advisor

Position Summary The Trust and Estate Settlement Advisor is primarily responsible for oversight and management of a personal book of postmortem trust and estate settlement accounts, as well as, assisting and being a resource for the management of postmortem trust and estate settlement accounts across the organization. This position will report to the Director of Estate Settlement.

Duties & Responsibilities Effectively oversee, manage and support postmortem trust and estate settlement account administration within Wealth Management in accordance with the terms of the governing instruments, trust and estate laws, local law, tax law and sound fiduciary principles.

Participate in all facets of administration, including collection of assets, investment management decisions and coordination with tax partners.

Maintain contact and communicate regularly with Advisors, beneficiaries, attorneys, accountants and other interested parties on all aspects of administration, including maintaining client files, preparing materials for client meetings, managing deadlines, collecting information necessary to complete reporting and filing requirements and attending to clients’ concerns and needs.

Stay informed of all Bank and Wealth Management policies and applicable state and federal regulations.

Collaborate with Fiduciary Advisors to effectively manage client expectations, create a great client experience and participate in relationship retention efforts.

Responsible for outreach to the Wealth Management, Commercial and Retail teams for internal educational opportunities and sales opportunities by active promotion of Trust and Estate Settlement services.

Participate in development and implementation of Trust and Estate Settlement Services policies and procedures.

Education & Experience Knowledge Of:

Technical expertise on federal and state estate tax, and postmortem administration of trusts and estates

Strong verbal and written communication skills

Excellent time management skills

Proven relationship management and team building capabilities

High-level sales, presentation and client service expertise

Standard business systems, including but not limited to trust accounting systems, Microsoft Office and Outlook Ability To:

Analyze and interpret governing trust and/or estate documents, professional journals, technical procedures, governmental regulations and federal and state statutes.

Make confident independent decisions and provide timely client follow-up Promote teamwork and collaboration across all areas of Wealth Management Analyze and solve problems that frequently involve decisions based on a wide knowledge of many factors where application of advanced technical concepts is predominantly required

On-going development and broadening of appropriate knowledge and skills

Travel as needed

Education and Training:

Requires a four-year college degree. JD highly preferred. Tax LLM and/or CPA a plus. Completion or enrollment in desirable wealth management designations, including MBA, CFP , CFA, and/or CTFA a plus.

At least 5 years of significant experience in trust and estate settlement required.

Demonstrated experience and understanding of wealth management solutions includinginvestments, banking and trust concepts including, but not limited to asset allocation, advanced estate planning, retirement plans, insurance, and identification/implementation of additional wealth planning opportunities.

Compensation and Benefits Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.(Base Pay Range: $98,000 - $127,055/year)
Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability,…