Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business owners, and institutions. Since our founding in 1931, we have been helping clients meet their increasingly complex financial goals with the highest standards of service and integrity. Through our four companies, Wintrust Investments LLC, Wintrust Private Trust., Great Lakes Advisors LLC, and The Chicago Deferred Exchange Company LLC, we offer comprehensive wealth management solutions, including investment, trust, and asset management services. Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $66 billion in assets.
Why join us?
An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years)
Competitive pay and discretionary or incentive bonus eligible
Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
Family-friendly work hours
With 200+ community bank locations, we offer opportunities to grow and develop in your career
Promote from within culture
Position Overview:
The Trust Tax Associate provides fiduciary tax and trust administration support to the Trust Tax Liaison, Trust Officers, and Trust Administration teams. This position is responsible for assisting with fiduciary tax reporting/tracking, tax document coordination, tax payment processing, account onboarding and closing, and communication with internal partners and external tax vendors. In addition, the Trust Tax Associate performs traditional trust administration support functions, including account maintenance, transaction processing, document management, account reviews, and client service activities.
The successful candidate will possess strong organizational and analytical skills, exceptional attention to detail, a foundational understanding of trust administration and fiduciary taxation, and a commitment to providing superior client service.
What you’ll do:
Fiduciary Tax Administration (Primary)
Assist the Trust Tax Liaison with the administration and monitoring of fiduciary tax reporting processes for trusts, estates, charitable entities, guardianships, and agency accounts.
Coordinate with tax service providers, Trust Officers, and Trust Administrators to gather information required for the preparation and filing of fiduciary, individual, charitable, and grantor tax returns.
Track fiduciary tax return deadlines and monitor timely completion of tax filings.
Assist with review of account activity and supporting documentation for tax reporting, including income, expenses, sales transactions, cost basis information, and account classifications.
Monitor and track the timely distribution of tax reporting documents, including Forms 1099, K-1, 1099-R, 5498, Grantor Tax Letters, and related tax information statements.
Process federal and state tax payments and estimated tax payments.
Assist in resolving tax notices, penalty assessments, IRS correspondence, and other communications from taxing authorities.
Coordinate tax fee processing and related account billing activities.
Assist in reviewing newly established accounts to ensure accurate tax coding, taxpayer setup, and collection of required tax documentation.
Support account-closing reviews to ensure tax filing requirements, final tax obligations, and fees have been addressed.
Maintain tracking logs and reports for annual filings, registrations, tax reporting obligations, and compliance requirements.
Research and reconcile missing or incomplete tax information and assist in resolving discrepancies between trust accounting systems and tax preparation platforms.
Support monitoring of foreign beneficiary accounts and related reporting requirements.
Trust Administration Support (Secondary)
Provide administrative support to Trust Officers and Trust Administrators…