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OaSIS 2025 Version 1.0
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11109.04 – Trust officers

Trust officers administer trusts, direct trust investments and disburse trust funds.

Overview

Example job titles

  • Estate and trust administrator
  • Estate executor
  • Trust officer

Core competencies

  • Monitoring to ensure trust investments are performed as expected, funds are being distributed according to the trust’s provisions and changes in financial conditions are promptly addressed
  • Evaluation and Systems Analysis to assess the performance of trust investments, review financial strategies and ensure management systems are functioning
  • Mathematical Reasoning and Numerical Ability to manage trust investments, calculate returns and ensure all financial transactions and distributions are handled correctly
  • Problem Identification and Inductive Reasoning to recognize and address issues that arise in trust management, such as discrepancies in fund distributions or investment performance and identify patterns that might indicate potential problems
  • Attention to Detail to oversee the precise administration of trust documents and ensure all disbursements and transactions adhere to the terms of trust and legal requirements
  • Knowledge in Finance to help in making informed investment decisions, managing trust assets effectively, complying with financial regulations and fulfilling fiduciary responsibilities to beneficiaries of the trust

Main duties

This group performs some or all of the following duties:

  • Administer estate, personal, charitable, corporate and other types of trusts
  • Direct trust account investments, receive and record investment income and disburse trust funds.

Additional information

  • While these kinds of positions require a high degree of training and qualifications, persons who occupy them must continually update their skills and pursue professional development.
  • Progression to financial management positions is possible with experience.

Similar occupations classified elsewhere

Exclusions:

NOC hierarchy breakdown

NOC version

NOC 2021 Version 1.0

Broad occupational category

1 – Business, finance and administration occupations

TEER

1 – Occupations usually require a university degree

Major group

11 – Professional occupations in finance and business

Sub-major group

111 – Professional occupations in finance

Minor group

1110 – Auditors, accountants and investment professionals

Unit group

11109 – Other financial officers

Occupational profile

11109.04 – Trust officers

O*NET in-it

This page includes information from the O*NET 27.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. Employment and Social Development Canada has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications.