Trust Operations Associate

TRUST OPERATIONS ASSOCIATE

Job Details

Job Type

Full-time

Escanaba, MI

Description

The Trust Operations Associate will be responsible for providing support for Trust & Investment Management Group Staff and customers.

• Open and close accounts on Charlotte system; updates to account set-up as needed.
• Complete Account Opening Checklist, prepare forms and account file folders.
• Complete Death of Grantor and Account Closing Checklists; perform estate settlement tasks and completes account closing process, file insurance claims.
• Complete and submit transfer paperwork to other brokerage companies/financial institutions for new clients.
• Serve as back-up person for BNY settlement.
• Post manual closing and estate settlement fees for Escanaba accounts.
• Print Administrator Fee reports
• Set-up clients for PAL access and assist clients with sign-on issues.
• Assists with preparing IRA distribution forms.
• Assist with printing monthly, quarterly and annual statements.
• Assist with preparation of new account packets, RFP packets for new proposals, and quarterly/semi-annual board meeting packets for foundation and non-profit accounts.
• Act as back-up for printing checks, processing wire transfers, depositing checks.
• Performs general administrative duties in the area of mail, answering phone calls, correspondence filing and scanning.
• Other duties as assigned.

Requirements

Bachelor’s degree in Business, Finance, or a related field, preferred.
Excellent interpersonal, organizational, and decision-making abilities.
Demonstrates professionalism and maintains strict confidentiality at all times.
Proven clerical experience with strong typing skills and proficiency in Microsoft Office applications.
Prior experience in a financial institution is an asset.