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Trust officer vs assistant branch manager

The differences between trust officers and assistant branch managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a trust officer and an assistant branch manager. Additionally, a trust officer has an average salary of $61,493, which is higher than the $49,913 average annual salary of an assistant branch manager.

The top three skills for a trust officer include real estate, portfolio and wealth management. The most important skills for an assistant branch manager are quality customer service, branch management, and excellent organizational.

Trust officer vs assistant branch manager overview

Trust OfficerAssistant Branch Manager
Yearly salary$61,493$49,913
Hourly rate$29.56$24.00
Growth rate17%17%
Number of jobs56,62337,800
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 66%
Average age4646
Years of experience88

What does a trust officer do?

Trust officers are professionals who are responsible for administering trust account portfolios of their clients. These officers are required to develop business relationships with their clients by responding to the request of their clients and facilitating internal service coordination to resolve issues. They must handle activities that are associated with personal or corporate trust while providing consultation on matters related to finance and wealth. Trust officers usually work in the financial industry and report directly to a manager or head of a department.

What does an assistant branch manager do?

An assistant branch manager's primary responsibility is to oversee the daily operations in their designated area, ensuring that everything is running smoothly from the workflow to the workforce. Although the tasks will vary depending on the organization or industry where one is involved, most of it will revolve around evaluating and monitoring employees' progress. Additional duties include responding to calls and inquiries, managing work schedules, and making sure that customers are satisfied with all services and transactions. Moreover, an assistant branch manager must also prioritize meeting the sales targets and staying within the allotted budget and deadlines.

Trust officer vs assistant branch manager salary

Trust officers and assistant branch managers have different pay scales, as shown below.

Trust OfficerAssistant Branch Manager
Average salary$61,493$49,913
Salary rangeBetween $30,000 And $121,000Between $35,000 And $70,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateConnecticutNew Jersey
Best paying companyNeuberger BermanCentennial Bank
Best paying industryFinanceTransportation

Differences between trust officer and assistant branch manager education

There are a few differences between a trust officer and an assistant branch manager in terms of educational background:

Trust OfficerAssistant Branch Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Trust officer vs assistant branch manager demographics

Here are the differences between trust officers' and assistant branch managers' demographics:

Trust OfficerAssistant Branch Manager
Average age4646
Gender ratioMale, 48.1% Female, 51.9%Male, 45.3% Female, 54.7%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.4% White, 64.4% American Indian and Alaska Native, 0.3%Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between trust officer and assistant branch manager duties and responsibilities

Trust officer example responsibilities.

  • Manage personal trusts, special needs trusts, conservatorships, charitable remainder trusts and estates.
  • Manage processing transfer requests of new IRA accounts and the corresponding follow up and collection activities.
  • Achieve this through aggressive sales calling on CFO's of large corporations, attorneys, CPAs and political officials.
  • Manage the day to day affairs of various personal trust relationships, IRAs, custodial accounts, powers of attorney.
  • Manage portfolio of accounts consisting of housing, transportation, education and industrial development of both municipal and corporate issuers.
  • Contact clients, financial advisors, payroll companies and CPA's regarding items in question.
  • Show more

Assistant branch manager example responsibilities.

  • Manage the treasury internal control, internal audit, and external audit quarterly reviews.
  • Manage LTO's, review and approve all credits and assist with collections and A/R.
  • Manage the daily production operations and quality control; ensure that processes are in compliance with OSHA and company standards.
  • Negotiate service agreements for managing refrigeration and HVAC costs and prepare quoted work estimates.
  • Maintain existing customer relationships and develop new contacts through networking, cross-selling opportunities, and referrals.
  • Construct and maintain reporting system to assure HCS, HACCP, JACHO, and OSHA standard where maintain.
  • Show more

Trust officer vs assistant branch manager skills

Common trust officer skills
  • Real Estate, 8%
  • Portfolio, 7%
  • Wealth Management, 7%
  • Business Development, 7%
  • Estate Planning, 6%
  • Risk Management, 6%
Common assistant branch manager skills
  • Quality Customer Service, 8%
  • Branch Management, 7%
  • Excellent Organizational, 6%
  • Loan Applications, 6%
  • Bank Products, 6%
  • Customer Satisfaction, 5%

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