Vice President (VP), Trust Officer Salary

A Vice President (VP), Trust Officer earns an average salary of $86,497 per year. The skills that increase pay for this job the most are Account Management and Legal Document Review. Most people in this job have more than five years' experience in related jobs.

$61,969 - $119,142
(Median)
$62K
$86K
$120K
MEDIAN: $86,496
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$61,969 - $119,142  
   
Bonus
$1,007 - $15,205  
Profit Sharing
$986 - $6,082  
Commission
$0.00 - $36,500  
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).
)
$65,622 - $128,589  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 128
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Job Description for Vice President (VP), Trust Officer

Vice president (VP) trust officers work primarily for banks and other financial institutions to manage, invest, and disburse trust funds in accordance with terms of the trust. In exercising their fiduciary role, they must always stay up-to-date on tax and investment matters related to these trusts.

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Vice President (VP), Trust Officer Tasks

  • Identify new sales opportunities and take the lead in following up.
  • Build and sustain relationships with clients, establish portfolio objectives, and explain changes in portfolio development strategy.
  • Contribute to the creation of investment strategies by tracking industry trends and reporting findings to senior management.
  • Supervise the work of trust administrators.

Vice President (VP), Trust Officer Job Listings

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Experience Affects Vice President (VP), Trust Officer Salaries

Experienced
up arrow 4%

Late-Career
0%

National Average
$92,000

Mid-Career
up arrow 14%

Skills That Affect Vice President (VP), Trust Officer Salaries

Account Management
up arrow 17%

Legal Document Review
up arrow 15%

Customer Relationship Management (CRM)
up arrow 9%

Investment Management
up arrow 8%

National Average
$92,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 21 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

1-4 years
6%
5-9 years
13%
10-19 years
44%
20 years or more
36%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 68%
medical benefits
Vision: 53%
dental benefits
None: 12%
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