2605-7 Trust Operations Associate

Role Description

This is a full-time, on-site role based in Memphis, TN, for a Trust Operations Associate.

Key responsibilities

• Assist with new client onboarding by facilitating execution of new account paperwork, overseeing file and asset transfers, coordinating with outside investment firms, and performing reconciliations;
• Utilize the trust accounting and administration systems to process transactions, record communications, create reports for internal and external use and ensure compliance requirements are being met;
• Monitor daily trust system reports to ensure accuracy of transactions, account liquidity, etc.;
• Support trust compliance by strictly adhering to Company policies and procedures, including by maintaining organized and well-documented files using standard naming conventions and assisting in annual review process;
• Handle centralized operations activities, such as posting of daily receipts, and collaborate with team members to ensure seamless operational workflows;
• Open and close accounts, book unique assets and process unique asset updates on the trust accounting system.

Qualifications

• Attention to accuracy, detail and organization
• Excellent interpersonal and communication skills
• Proficiency with office software and familiarity with financial systems and tools
• Ability to manage multiple tasks effectively and prioritize under deadlines

Preferences

• Bachelor’s degree in Business Administration, Finance, or a related field
• Experience in trust administration or financial services

Compensation & Benefits

• $45,000 - $57,000 annually
• 401(k)