Trust Operations Manager

Northern Virginia (Hybrid)

ProspectBlue is partnering with a Virginia bank on a Trust Operations Manager search for its newly launched trust and fiduciary services team.

The Trust Operations Manager runs the day-to-day operations behind the trust department and owns the trust accounting system that every account transaction flows through. This is a build role: the person will set up processes and controls for a new department and work directly with the head of the division.

Responsibilities

• Manage daily trust operations, including deposits, disbursements, cash movements, and trade processing
• Serve as the lead user and administrator of the trust accounting platform
• Open, maintain, and close accounts, and keep account records accurate and complete
• Reconcile cash and asset positions and resolve exceptions
• Build and document operating procedures and internal controls for the department
• Support audits and regulatory exams with documentation and reporting
• Work with trust officers to carry out client requests accurately and on time
• Coordinate with custody, investment, and technology vendors

Qualifications

• Experience in trust operations at a bank trust department or trust company, or as a paralegal in a trusts and estates practice
• Hands-on experience with a trust accounting system; SS&C Innovest (Black Diamond Trust) is a strong plus
• Working knowledge of trust and estate account types and fiduciary requirements
• Proactive, detail-oriented, and comfortable asking questions and suggesting better ways to do things
• Interest in helping build a department from the ground up
• Bachelor’s degree or equivalent experience