A Vice President (VP), Trust Officer earns an average salary of $86,042 per year. The skills that increase pay for this job the most are Account Management, Legal Document Review, and Investment Management.

$58,938 - $123,619
(Median)
$59K
$86K
$120K
MEDIAN: $86,042
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
$58,938 - $123,619  
   
Bonus
$986 - $19,797  
Profit Sharing
$1,500  
Commission
$13,500  
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).
)
$60,756 - $138,180  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 62
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Job Description for Vice President (VP), Trust Officer

Vice president (VP) trust officers are responsible for administering and developing effective strategies for a business's trust accounts, as well as facilitating and overseeing programs for current and prospect clients in their firm. They typically work in an office environment and use a personal computer for correspondence, developing strong proposals for their departments, approving charts, and making modifications to ongoing paperwork.

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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.

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Pay by Experience Level for Vice President (VP), Trust Officer

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

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Experience Affects Vice President (VP), Trust Officer Salaries

Late-Career
up arrow 3%

Experienced
0%

National Average
$89,000

Mid-Career
up arrow 13%

Entry-Level
up arrow 15%

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

Account Management
up arrow 21%

Legal Document Review
up arrow 15%

Investment Management
up arrow 12%

Customer Relationship Management (CRM)
up arrow 1%

National Average
$89,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

1-4 years
14%
5-9 years
13%
10-19 years
35%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 67%
medical benefits
Vision: 60%
dental benefits
None: 9%
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