Job Description

Description:

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.