Trust Operations
Job Description
Excellent position for candidate who enjoys detail, volume, processing ,, general administrative duties for private bank. Ideally candidates has worked in trust or banking operations
Trust Operations Assistant Duties:
Perform daily posting of account transactions (trades, expenses, distributions, etc.) in trust accounting system.
· Print and prepare reports for daily cash activities.
· Produce and review various trust account reports as requested.
· Gather data and perform account reconciliations daily.
· Analyze trust account cash balances to ensure sufficient funds are available to meet beneficiary distributions, fiduciary fees, trust bills, etc.
· Review payments codes and transactions for accuracy.
· Assist in preparation of quarterly administrative review of trust accounts.
· Review trust documents and files to ensure accounts are in compliance.
· Interact with attorneys, accountants, and other colleagues daily.
· Respond to colleagues regarding the administration and maintenance of accounts.
· Print client monthly statements and mail.
· Handle incoming phone calls.
· Print and distribute monthly client statements.
· Handle incoming and outgoing mail.
· Other administrative duties.
Skills
Familiar with trust or bankign operations. and MS Office applications.
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Health insurance
Schedule:
- 8 hour shift
Experience:
- Microsoft Office: 1 year (Required)
- Account reconciliation, trust or banking: 1 year (Required)
Ability to Relocate:
- South Portland, ME 04106: Relocate before starting work (Required)
Work Location: In person
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