Trust Operations Specialist On-site
Trust Operations Specialist On-site
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Are you interested in a position that will offer you challenge and variety along with an opportunity to use a high degree of initiative discretion knowledge and judgement
Devon Bank is an independent community bank serving the Chicagoland area and beyond. Our mission has always been to be the bank that the neighborhood needsto tailor its service offerings to the particular demands of the community. We are known for going the extra mile for our customers by offering personalized service and customized solutions. We are a fullservice bank including home financing trust and investments as well as a full range of business financing products.
Our Trust Operations area includes a broad variety of functions that provide support to both internal and external customers. These functions include check writing trade settlement fee processing receipts and disbursements cash movement transferal of assets and reconciliation of all department accounts. Other responsibilities include setup and maintenance of client statements tax reporting management reporting managing the trust system functions/and maintenance monitoring assets security pricing and adding securities to the master list. Work is varied in nature with changing priorities. This position requires a high degree of initiative discretion knowledge and judgment while working in compliance with established policies procedures and regulations.
Responsibilities
- Opening and closing of client accounts; data input and client account updates
- Post receipts transfers and disbursements as directed by the Administrative Team
- Reconcile security positions at custodians and mutual fund agents
- Accurately complete daily and monthly cash reconciliations while identifying any resulting exceptions for research and resolution
- Balance the GlobalWealth ES accounting system daily
- Prepare Probate Court Inventories and annual Accountings
- Strong attention to detail is a must when dealing with system transactions data input and reconcilements.
- Good aptitude for numbers and problemsolving skills
- Demonstrated ability to work in a fastpaced customer service environment
- Advanced written oral and interpersonal skills with ability to respond to team members and resolve customer issues.
- Experience with Trust/Rite and GlobalWealth ES accounting software is a plus
- Intermediate knowledge in Microsoft Excel and Word
- Knowledge of FDIC regulations preferred
Education and Experience
- High school diploma or equivalent required
- Banking experience of 2 years
- Experience in securities trust or brokerage operations a plus
Devon Bank is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race religion color national origin gender (including pregnancy childbirth or related medical conditions) sexual orientation gender identity gender expression age status as a protected veteran status as an individual with a disability or other applicable legally protected characteristics.
If you need assistance or an accommodation due to a disability you may contact us at or you may call us at.
Required Experience:
Unclear Seniority
Employment Type
Full Time
