Trust Operations Specialist
First State Bank and Trust
Trust Operations Specialist First State Bank and Trust is looking for a motivated individual to manage critical trust operations and support our clients and community. Responsibilities Post dividends, incoming cash deposits, promissory note payments, and processing fees. Complete operational opening and annual account reviews. Maintain all pledge account records for the trust department, including entries in MAUI, monthly reporting to Lending, confirmation of pledges for loans external to FSBT, and timely communication of any changes or issues to officers. Handle posting of incoming cash, investment earnings, dividends, and interest into client accounts. Ensure accurate, timely entries and maintain complete documentation. Enter client assets from other institutions into the Trust’s systems monthly, ensuring all investments are accurately reflected in the portfolio and maintaining documentation. Process fees once approved by Trust Officers. Review calculation worksheets for accuracy, post and process fees, and bill clients when necessary. Research and enter manual pricing for client assets that require it, recording prices in MAUI and reporting outdated prices to Trust Officers. Back up other positions as required. Requirements 2‑ or 4‑year college degree, preferably in Business Administration, Accounting, Finance, or a related field, or equivalent work experience. Minimum Job Qualifications Experience in reconciling accounts and balancing transactions is preferred. Previous experience in trust administration or financial services is preferred. Ability to multitask numerous responsibilities. Ability to read, analyze, and interpret financial reports. Excellent judgment and independent thinking skills. Maintains current knowledge of Federal and State laws, regulations, and industry best practices. Strong organizational skills and resourcefulness. Strong attention to detail and ability to function effectively with deadlines and shifting priorities. Proven customer service skills and the ability to resolve problems and prevent customer dissatisfaction. Knowledge of MS Office, especially spreadsheets and financial analysis. Strong working knowledge of Microsoft Excel. Benefits 401(k) matching Profit Sharing Dental Insurance Vision Insurance Disability Insurance Employee Assistance Program Flexible Spending Account Health Insurance Health Savings Account Life Insurance Paid holidays Paid Time Off
MN PFML
Sick and Safe Time Equal Opportunity Employment First State Bank and Trust and Valley Agencies is an equal‑opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants regardless of race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors. Drug‑Free Workplace. #J-18808-Ljbffr First State Bank and Trust- Trust Operations Specialist First State Bank and Trust - Bayport, Minnesota, United States About this position First State Bank and Trust seeks motivated individuals to help our clients and community achieve more. It is a formula that has worked for over 100 years serving...SuggestedWork experience placementFlexible hoursShift work
- First State Bank and Trust is seeking a Trust Operations Specialist to manage critical operations and support our clients and community. You will be responsible for posting dividends, cash deposits, and processing fees while ensuring accurate and timely entries. The ideal...Suggested
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