Job summary
Job post source
This job is directly from Ameriprise Financial Services, LLC
Job overview
The Director of Trust Administration leads a team managing fiduciary personal trust accounts to ensure excellent service, client satisfaction, and retention within Ameriprise's Personal Trust Services.
Responsibilities and impact
The role involves leading Trust Officers in fiduciary activities, driving business initiatives, serving on key committees, preparing board reports, managing audits, handling client and advisor expectations, improving processes, ensuring tax compliance, and mentoring staff.
Compensation and benefits
The estimated base salary ranges from $137,400 to $185,600 annually, with pay-for-performance bonuses, commissions, long-term incentives, and comprehensive benefits including vacation, sick time, 401(k), and health, dental, and life insurance.
Experience and skills
Requires a bachelor's degree, 10+ years in fiduciary trust services, 7+ years in leadership; preferred qualifications include JD or LLM, trust taxation knowledge, investment management experience, strong interpersonal skills, and industry designations like CTRA or CFP.
Career development
Opportunities include leadership development, mentoring, and involvement in cross-organizational initiatives promoting Personal Trust Services within the company.
Work environment and culture
Ameriprise fosters a client-focused, collaborative culture with emphasis on diversity, inclusion, and professional growth in a supportive environment.
Company information
Ameriprise Financial Services is a diversified financial leader with over $1.5 trillion in assets under management, serving 3.5 million clients globally with financial planning, asset management, and insurance services.
Team overview
The candidate will lead a team of Trust Officers within the Personal Trust Services area, collaborating with investment, business development, operations, compliance, legal, and marketing teams.
Unique job features
The role offers unique involvement in fiduciary trust administration, regulatory compliance, and cross-functional leadership within a major financial services firm.
Company overview
Ameriprise Financial Services, LLC is a diversified financial services company providing financial planning, asset management, and insurance services. They generate revenue through advisory fees, asset management fees, and insurance premiums. Founded in 1894 as Investors Syndicate, the company has a long history of helping clients achieve their financial goals. Ameriprise is known for its strong network of financial advisors and commitment to personalized financial planning.
How to land this job
Position your resume to emphasize leadership experience in trust administration, highlighting your ability to manage fiduciary personal trust accounts and lead professional teams effectively.
Focus on showcasing your expertise in fiduciary law, trust taxation, and regulatory compliance, as well as your success in driving business outcomes through cross-functional collaboration.
Apply through multiple platforms including Ameriprise Financial Services' corporate careers page, LinkedIn, and other job boards to maximize your application visibility.
Connect on LinkedIn with professionals in Ameriprise's Personal Trust Services division; use ice breakers like referencing recent company initiatives in trust administration or asking about their experience with cross-organizational projects.
Optimize your resume for ATS by incorporating keywords such as 'fiduciary trust services,' 'trust administration,' 'compliance audits,' 'risk management,' and 'team leadership' to pass initial screenings.
Leverage Jennie Johnson's Power Apply feature to automate tailored applications, identify multiple application portals, and find relevant LinkedIn connections, allowing you to focus your energy on preparing for interviews and networking.
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