Trust Recruiting is Back

As the financial industry prepares for a growth cycle, trust companies are emerging from a hiring freeze and are hiring people through national recruiting firms as well as in-house departments.

Finding jobs in the trust industry, however, isn’t the same as it has been in the past:

• Trust companies no longer want solely paperwork-oriented administrators.  They now seek individuals that also have the interpersonal skills to manage client relationships. 
• Trust companies have moved away from commission-based pay and towards a base salary plus a performance bonus.

For more information, see Scott Martin, Help Wanted: Salesmen Preferred, Trust Advisor Blog, April 24, 2010.