Investment Operations Reconciliation Specialist

Job Description

Job Description

Description:

The Reconciliation Specialist is a member of the Technology and Reconciliation team which is responsible for the accurate daily reconciling of cash, money markets, client DDA’s and custodial positions within the trust accounting platform while providing superior customer service to our clients through effective operational system support. 

Essential Duties/Responsibilities:  

¨ Prepare and reconcile the cash balances for 3 banking relationships with uninvested cash on trust accounting platform

¨ Prepare and reconcile positions on trust accounting platform against money market holdings

¨ Prepare and reconcile positions on trust accounting platform against 2 custodian holdings

¨ Prepare and reconcile positions on trust accounting platform against mutual fund holdings

¨ Perform daily bank reconciliations to be provided to our clients

¨ Create and distribute reports for audit packages 

¨ Prepare client custodial reconciliation letters

¨ Track and report custodial fee revenue for clients

¨ Create, update, ongoing review and testing of procedures and daily checklists

¨ Cross train and maintain working knowledge of the procedures to provide effective backups during peer absences

¨ Offers exceptional client service by providing timely analysis, research and resolution to client or CSR inquiries and issue resolution

Other Duties/Responsibilities:

¨ Provides a timely response to client or staff inquiries or issues

¨ Participates in special projects and performs other duties as assigned

¨ Tests custom and release software enhancements related to job duties

¨ Participate in both internal and external disaster recovery tests

¨ Responsible to keep manager informed of issues impacting team

Maintain effective working relationships by handling peer and management interactions in a positive and cooperative manner 

Requirements:

Job Qualifications

Knowledge, Skills, Experience :

¨ 2-3 years of trust accounting principals and the securities industry

¨ Strong attention to detail with excellent analytical and accurate data entry skills 

¨ Ability to effectively communicate with a diverse client base of financial professionals

¨ Ability to prioritize and handle multiple tasks

¨ Ability to work in a high-volume situation with time constraints with minimal supervision

Education or Formal Training:

¨ Bachelor’s degree in Business, Accounting, Finance or equivalent experience 

Working Environment/Physical Activities :

¨ Work on a personal computer 80% of day

¨ May be asked to work weekends, holidays and overtime, as needed

¨ Work in the Overland Park, KS office

Trust Sourcing Solutions is an Equal Opportunity Employer