Mutual Fund Services - Trust Operations Specialist Level 4 or 5
Union Bank and Trust Company · Minneapolis, MN · 1 wk ago
On-siteFinanceFull-time
Mutual Fund Trading
- Execute and settle mutual fund trades through multiple fund companies.
- Research and resolve trade and out-of-balance discrepancies.
- Move money between UB&T and fund companies.
- Work with brokers and investment managers on discrepancies.
Mutual Fund Servicing
- Set up mutual fund assets on the core accounting system.
- Perform fund exchanges and post income and capital gains transactions.
- Reconcile positions on a weekly basis for omnibus mutual funds.
Proxy Services
- Upload holder information and research issues or discrepancies.
- Work with the proxy vendor (Broadridge) and their software to process ballots.
Shadow Accounting
- Post transactions to the trust accounting system (FIS Global Plus).
- Balance outside statements to the trust accounting system.
- Research and resolve discrepancies.
Imaging
- Scan documents into the Joshua Imaging System.
Federal Reserve
- Act as backup for daily balancing and reconciliation of Federal Reserve incoming and outgoing wires.