Trust Operations Principal - Kaspick

Trust Operations Principal Kaspick
The Trust Operations Principal Kaspick role is responsible for execution of daily and monthly processing within the Trust Accounting and Portfolio Management Systems. The position is responsible for driving productivity improvements, maintaining appropriate controls, and managing vendor relationships. The position supports all other business units including Trading, Reporting, Gift Administration, Pooled Fund Administration, Transitions, and Tax. The position provides subject matter expertise and support to the company's middle management team. 

Key Responsibilities and Duties

• Manages accurate processing and recordkeeping for all client, donor, beneficiary, program, profile, gift, disbursement, cash, tax, and fee information. Ensures all trust lifecycle event processing on a timely basis, establishes service level standards, and tracks and measures against standards.

• Implements and enhances operational and financial controls, policies, and procedures that improve the overall productivity and effectiveness of the operation and reduces risk.

• Manages key relationships and operations with custodians and third parties maintaining compliance and risk management for the area.

• Drives development and enhancement of operations and accounting systems, including tax, billing, payment, trust administration, portfolio accounting, and trust accounting systems. Collaborates with IT in guiding systems acquisition and development.

• Works closely with client teams in processing transactions, account reconciliation, and resolving issues and with client reporting team on generating period close data for periodic reporting.

• Works with audit and compliance teams, both internal and external, during audit fieldwork and examinations and supports client teams during pre-sales work with subject matter expertise, explanation of procedures and practices.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 5+ Years Required; 7+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
8IC

There are 2 positions to be filled.

Required Qualifications:

• 5+ years accounting and/or financial institution operations experience

Preferred Qualifications:

• 7+ years accounting and/or financial institution operations experience
• University degree in Accounting, Finance, or Business
• Previous experience working with InnoTrust and/or APX software platforms 
• Previous experience and knowledge of Trust accounting
• Strong proficiency in Excel

#LI-KD2

Anticipated Posting End Date:

2025-08-04

Base Pay Range: $84,000/yr - $140,000/yr

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans). 

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Company Overview

Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our