Trust Officer Salary

The average salary for a Trust Officer is $63,996 per year. The highest paying skills associated with this job are Client Interaction, Legal Compliance, Customer Relationship Management (CRM), Legal Document Review, and Investment Management.
Read More
$45,299 - $102,618
(Median)
$45K
$64K
$100K
MEDIAN: $63,996
10%
50%
90%

Add this chart to your site: 640px    300px

$17.35 - $55.18
(Median)
$17
$24
$55
MEDIAN: $24.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$45,299 - $102,618  
   
Bonus
$0.00 - $15,205  
Profit Sharing
$513 - $9,245  
Commission
$2,483 - $48,936  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$45,859 - $113,256  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 345
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$17.35 - $55.18  
   
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $15,205  
   
Commission
$2,483 - $48,936  
Profit Sharing
$513 - $9,245  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$45,859 - $113,256  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 13
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Trust Officer

Trust officers are commonly hired by private banks and investment groups to provide expertise and communication in trust and estate issues. Most of the daily duties of the job involve communicating, as individuals in this position work as a liaison between trust clients and various related agencies or advisors. Specific tasks include interpreting legal documents, reviewing client relationships, monitoring funds, reporting to management, and completing various forms of paperwork. This is done in an indoor environment, typically in a banking institution or other office setting. Work involves communication with clients and other firms, but trust officers also work in teams with other trust officers in many large banks. Risk and physical requirements of the position are extremely limited, while work hours are typically standard business operating hours.

Read More...

Trust Officer Tasks

  • Coordinate legal, tax, and financial paperwork associated with the account, and ensure compliance with bank and government regulations.
  • Manage returns yielded by trust fund, distributing profits to trust members or reinvesting them according to trust fund terms.
  • Set up trust funds by identifying potential members and placing assets into trust account.
  • Work to implement strategies which achieve client goals for trust fund.

Common Career Paths for Trust Officer


Add this chart to your site:   640px 640px    300px 300px

Trust Officer Job Listings

Search for more jobs:

Popular Employer Salaries for Trust Officer

Pay by Experience Level for Trust Officer

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Trust Officer Salaries

Late-Career
up arrow 26%


Mid-Career
up arrow 3%

National Average
$66,000


Skills That Affect Trust Officer Salaries

Client Interaction
up arrow 36%

Legal Compliance
up arrow 19%



Investment Management
up arrow 15%

National Average
$66,000

Financial Advisor
up arrow 4%

Investment Planning
up arrow 16%

Trust Administration
up arrow 17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 64 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
3%
1-4 years
25%
5-9 years
27%
10-19 years
28%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 75%
vision benefits Vision: 64% employee benefits None: 8%
ADVERTISEMENT