Institutional Trust Analyst I

Institutional Trust Analyst I
The Institutional Trust Analyst I is responsible for processing daily cash, security and accounting transactions for a dedicated book of assigned accounts that are standard in nature.

Position Competencies
Successful incumbents possess integrity and trust, listening skills, problem solving and time management skills, are focused on the customer, are action oriented, are teamplayers and good peer relationships and have intellectual horsepower and a drive for results.

Position Responsibilities:

• Develop and maintaining client specific procedures and documenting unique account processing requirements.
• Monitor account balances/activity and initiate actions such as fund and trade orders, contributions and disbursements and required reporting to ensure accounts are in full compliance with established standards to reduce financial and reputational risk to client and bank.
• Verify input for accuracy when processing transactions in an assigned account to minimize financial impact and reputational risk to the client and bank.
• Communicate with clients, and third-party providers such as consultants, auditors, actuaries, investment managers and various internal departments to ensure that all account activity is posted in a timely and accurate manner.
• Monitor and process incoming directives and log them into the appropriate database. Review daily to ensure requested transactions are processed accurately and within established deadlines.
• Complete projects and special requests by the stated deadline. Deliver reports within stated deadline.
• Research, resolve and document all exception situations requesting guidance when necessary to increase knowledge.
• Complete all steps associated with new account set-up and closing account requirement. Complete all assigned annual account reviews and provide required documentation for annual relationship reviews to the assigned Relationship Manager.

  Travel
Travel is not required of this position.
Relocation
No relocation assistance is provided for this position.