$104,936
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

$6,613

Bonus

$7,275

Profit Sharing

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The average pay for a Trust Officer in Los Angeles, California is {{pay}} per hour.

The median Trust Officer has a base pay of $104,936. Salaries generally range from $80k to $110k. The median bonus is $6,613.
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10%
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90%
MEDIAN $0.00
$80k
10%
$105k
50%
$110k
90%
MEDIAN $104,936

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.

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Trust Officer Tasks
  • 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.
  • 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.

About Los Angeles, California

Los Angeles County, California
3,971,896
Male:
1,958,998 (49.3%)
Female:
2,012,898 (50.7%)
Los Angeles (/lɒs ˈændʒəlᵻs/, Spanish for "The Angels"), officially the City of Los Angeles and often known by its initials L.A., is the second-most populous city in the United States after New York City, the most populous city in California, and the county seat of Los Angeles County. Situated in Southern California, Los Angeles is known for its mediterranean climate, ethnic diversity, sprawling metropolis, and as a major center of the American entertainment industry. Los Angeles lies in a large coastal basin surrounded on three sides by mountains reaching up to and over 10,000 feet (3,000 m). Historically home to the Chumash and Tongva, Los Angeles was claimed by Juan Rodríguez Cabrillo for Spain in 1542 along with the rest of what would become Alta California. The city was officially founded on September 4, 1781, by Spanish governor Felipe de Neve. It became a part of Mexico in 1821 following the Mexican...
Los Angeles:
$52,024
California:
$64,500
$1,271
Los Angeles:
$542,100
California:
$449,100
4.8%

Trust Officer Job Listings

Key Stats for Trust Officer

Gender

Female
67 %
Male
33 %
1-4 years
20%
5-9 years
20%
10-19 years
40%
20 years or more
20%

Gender

Female
67 %
Male
33 %

Years of Experience

1-4 years
20%
5-9 years
20%
10-19 years
40%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 80%
vision benefits
Vision: 80%
no benefits
None: