Securities Processing Specialist - Trust Operations

SUMMARY:

Daily processing of asset additions and dispositions, corporate actions, reconciliations and cost basis updates.

 

CUSTOMER SERVICE SKILLS:

Willingness to provide a level of service which will clearly differentiate us from our competitors.

 

INTERPERSONAL SKILLS:

Professional demeanor in appearance, interpersonal relations, work ethic and attitude.

Possess clear, concise, effective written and oral communication skills to effectively express thoughts, ideas and concepts to bank employees and bank customers.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Processes accounting entries in trust accounting system for additions and dispositions of securities for trusts.

Creates and posts maps using trust accounting system for stock split/stock dividends and reinvested mutual fund dividends.

Reconciles various reports such as Depository Trust Company (DTC) holdings and Fidelity holdings.

Makes entries in AddVantage for maturing bonds, notes, etc.

Updates cost basis of securities in AddVantage.

Images and indexes items processed.

 

OTHER REQUIREMENTS:

Banking is a highly regulated industry and you will be expected to acquire and maintain a proficiency in the bank’s policies and procedures, and adhere to all laws, rules and regulations that are applicable to your conduct and the work you will be performing. You will also be expected to complete all assigned compliance training in a timely manner.

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, and government regulations.

Must be able to perform each essential duty accurately and in a timely manner.

Ability to handle detailed work under pressure.

Must be willing to work as a team as well as independently.

Ability to perform general clerical duties and operate various departmental equipment.

Ability to type with speed and accuracy.

Basic knowledge of Microsoft Office Products including Outlook, Word, and Excel.

Ability to learn other web-based software.

Qualifications

2 year degree or 4 years clerical experience preferred.

Knowledge and experience within financial services industry is preferred.