Trust Operations Associate

About the role

We are seeking a detail-oriented and organized Operations Associate to support the operational functions of our Trust Administration team. This role is responsible for managing operational workflows, supporting trust account administration, processing account activity, and ensuring operational accuracy across fiduciary and investment accounts.

Responsibilities

• Manage operational workflows to ensure timely and accurate processing of trust and investment account activity.
• Receive and verify daily money movement reconciliation reports.
• Reconcile internal fiduciary accounts and resolve discrepancies as needed.
• Generate operational reports and distribute them to the appropriate Trust Officers.
• Open and close client accounts within the trust accounting system.
• Cook up asset transfers and document receipt of assets.
• Process management invoices as directed.
• Support securities processing and trust accounting activities.
• Proactively review, analyze, and recommend improvements to operational processes.
• Promote operational efficiencies while ensuring compliance with established procedures and internal controls.
• Absorb and document workflow documentation and standardize processes.
• Coordinate contingency planning by ensuring team members understand cross-functional responsibilities and can provide workflow coverage when necessary.
• Participate in ongoing training and knowledge-sharing sessions to enhance operational effectiveness.

Requirements

• Bachelor's degree in Accounting, Business Administration, Economics, Finance, or a related field preferred.
• Minimum of five years of operations experience within a wealth management, trust company, registered investment advisor (RIA), or broker-dealer environment.
• Understanding of securities processing and trust accounting.
• Local market experience preferred.
• CSOP, CTOP®, ATOP, or CTFA certification is a plus.
• Strong analytical and problem-solving skills.
• Excellent organizational and time management abilities.
• Ability to manage multiple priorities while maintaining exceptional accuracy.
• Strong written and verbal communication skills.

Qualifications

• Strong attention to detail.
• Highly organized and detail-oriented.
• Take ownership of your work and demonstrate initiative.
• Enjoy solving problems and ensuring operational accuracy.
• Interested in building a career in trust administration and wealth management.

Skills

• Strong analytical and problem-solving skills.
• Excellent organizational and time management abilities.
• Ability to manage multiple priorities while maintaining exceptional accuracy.
• Strong written and verbal communication skills.

Benefits

Cornerstone Private Asset Trust Company offers a competitive benefits package including health, dental, vision, life insurance, disability coverage, paid time off, paid holidays, and a 401(k).

Pay

Competitive compensation package.

Schedule

Full-time position.

Position Competencies

• Team Player
• Detail Oriented
• Organized
• Self-Starter
• Effective Communicator

Cornerstone Competencies

• Maintain confidentiality.
• Uphold Cornerstone's mission, vision, and values.
• Follow policies, procedures, and internal controls with ethics and integrity.
• Demonstrate ethical decision-making and accountability.
• Observe safety and security procedures.
• Maintain dependable attendance and ensure responsibilities are covered when absent.