Trust Operations Specialist II

Job Purpose & Scope

The primary responsibility is to provide Trust system processing support for customer accounts related to account administration and security transfers, including data entry, balancing, reconciling, and reporting.

Essential Job Functions

• P rovides Trust system processing support for all cusip research and setup as requested by the Investment, Administrative, PHI and Operations departments.
• Reconciles ex-date mutual fund positions and Held-Away positions daily.
• Processes and monitors ACAT and NON ACAT free asset activity movement.
• Processes Trust dual control vault security movement activity.
• Updates manual security pricing and Held-Aways postings.
• Processes OFAC requests upon submission.
• Processes FIS Corporate Actions, Foreign Tax Elections, and Class Action Payments.
• Performs special research and projects upon request.
• Provides backup and cross-team support to other specialists or other functions within the Operations department of the Trust and Wealth Division, as needed.

Knowledge, Skills & Abilities

• Knowledge of general financial principles.
• Knowledge of securities industry transaction flow.
• Ability to communicate effectively both verbally and in writing.
• Ability to manage multiple tasks with exacting deadlines in a fast-paced environment.
• Ability to demonstrate initiative to accomplish work objectives.
• Ability to work effectively and demonstrate flexibility in a continually changing environment.
• Ability to work without close supervision.
• Ability to demonstrate effective organization, critical thinking, analytical and problem-solving skills.
• Ability to maintain confidentiality.
• Ability to work extended hours.
• Ability to maintain attention to detail.
• Ability to demonstrate effective time management skills.
• Ability to work effectively in a team environment.
• Skill in using computer and Microsoft Office, including Outlook, Word, Excel, and PowerPoint.

Basic Qualifications

• A high school diploma or equivalent, required.
• 1+ year of work experience in a financial/accounting work environment, required.
• 1+ year of work experience in a Trust and Wealth Management business, required.

Preferred Qualifications

• An associate degree, preferably in trust or business-related fields, or commensurate work experience, preferred.
• Experience working in Trust-Desk, preferred.