What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »
Browse Categories

Trust Officer Salary

Trust Officers in the United States pull down an average of $63K per year. With bonuses occasionally running north of $15K, profit sharing proceeds sometimes surpassing $9K, and a few commissions as high as $49K, total income for Trust Officers can range between $45K and $117K according to individual performance. This group's pay is mainly influenced by career length, followed by the particular city and the specific company. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. Women make up a slight majority of Trust Officers (55 percent) survey respondents. This report is based on responses to the PayScale salary survey.
$44,147 - $104,674
(Median)
44K
63K
81K
100K
MEDIAN: $62,907
10%
50%
75%
90%

Add this chart to your site: 640px    300px

$17.52 - $55.18
(Median)
18
34
55
MEDIAN: $24.00
10%
75%
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
$44,147 - $104,674  
   
Bonus
$0.00 - $15,194  
Profit Sharing
$976 - $9,160  
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).
)
$44,740 - $117,090  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 304
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
$17.52 - $55.18  
   
Overtime
$16.50 - $43.62  
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 - $15,194  
   
Commission
$2,483 - $48,936  
Profit Sharing
$976 - $9,160  
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).
)
$44,740 - $117,090  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 13
United States (change)

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.

Trust Officer Job Listings

Search for more jobs:

Popular Employer Salaries for Trust Officer



Trust Officers report using a pretty varied skill set on the job. Most notably, facility with Client Interaction, Financial Advisor, and Legal Document Review are correlated to pay that is significantly above average, leading to increases of 38 percent, 33 percent, and 23 percent, respectively. Skills that pay less than market rate include Trust Administration and Investment Planning.

Pay by Experience Level for Trust Officer

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


Trust Officers generally obtain higher compensation for more plentiful past experience. Salaries for inexperienced workers average out to $67K, and those with five to 10 years' experience earn a higher median of $56K. After working for 10 to 20 years, Trust Officers make a median salary of $80K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $85K.

Related Job Salaries

Experience Affects Trust Officer Salaries

Late-Career
up arrow 31%

Experienced
up arrow 23%

Mid-Career
up arrow 2%

National Average
$65,000

Entry-Level
up arrow 15%

Skills That Affect Trust Officer Salaries

Client Interaction
up arrow 38%

Financial Advisor
up arrow 33%

Legal Document Review
up arrow 23%


Investment Management
up arrow 11%

Legal Compliance
up arrow 3%

National Average
$65,000

Investment Planning
up arrow 15%

Trust Administration
up arrow 16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 67 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
27%
10-19 years
27%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 75%
vision benefits Vision: 64% employee benefits None: 9%