Trust & Family Office Operations Specialist

Parkside Financial Bank & Trust

Job Location:

Clayton, OH - USA

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

In 2007 four different but complementary professionals gathered to discuss a shared visionassemble talented thought leaders to establish a financial institution that could breathe new life into business banking and wealth management. They founded Parkside Financial Bank & Trust: an independent financial institution with an integrated way of conducting business designed specifically to serve the needs of discerning families and privately held businesses. This is what makes ours an uncommon partnership.

With offices in St. Louis Missouri and Denver Colorado our dedicated team has grown our bank division to $1.1 billion in assets and our Trust & Family Office assets under management to approximately $3.6 billion. Voted a Top Workplace in St. Louis for five years running we are proud to build a growing team that embrace our core values:Smart Likeable Entrepreneurial and Dependable. Join Parkside as we help our clients achieve financial success. Experience a rewarding career with robust benefits and professional growth opportunities within a community of colleagues and friends.

We are searching for a highly motivated and detail-oriented individual to play a key role in executing daily operational requirements and support the Trust & Family Office business. This person will collaborate daily with the operations team and interact with custodians and professional service providers regularly. A high school diploma or GED is required and 3 years back-office experience in operations of a Broker Dealer Registered Financial Advisor or Trust/Family Office Wealth Management is highly preferred.

RESPONSIBILITIES

Collaborate and assist on new account openings and closings with custodians separate managed accounts and private equity
Evaluate the proper methods for efficiently completing asset movements money movements and account maintenance requests
Review upload and edit (as needed) daily trade files to custodians
Determine and deliver tax reports needed from custodians
Develop generate and edit reports for Portfolio Integration and Trust Accounting
Administer and generate quarterly billings through reporting software
Collaborate and execute requests from Advisors and Coordinators for clients within a Group Processing Queue system
Setup maintain and reconcile accounts security records and pricing database within Portfolio Accounting system
Daily Settlement: Processing the Approvals & Daily Settlement
Disbursements/Deposits: Coordination of On Demand Client check request and depositing checks into Trust Clearing account
Track Inbound/Outbound Transfers/Reconcile Assets
Work with client support to ensure the timely and accurate processing of client and advisor requests. Includes but not limited to the opening of accounts and money movement tasks as needed to ensure superior client service.
Responsible for safeguarding all company and client information by maintaining confidentiality and upholding information security standards. Must also be knowledgeable of company policies around information security and confidentiality as well as participate in all training required on a periodic basis.

QUALIFICATIONS

High school diploma or equivalent required
Demonstrated knowledge in Microsoft Office with an emphasis on Excel
Strong knowledge in operation and utilization of computer-based investment management and custodial systems preferred
3 years experience and knowledge of wealth management operations preferred
Experience with Tamarac Schwab Cheetah or portfolio accounting systems are a plus
Motivated self-starter
Detail oriented and highly organized
Able to multi-task and prioritize to meet deadlines
Able to work both independently and as an integral part of a team
Quickly and proficiently comprehend new information
Able to focus on key priorities and thrive in a complex and ever-changing environment
Strong work ethic
Stable under pressure or stress
Willingness to learn and contribute to companys financial growth and profitability

EMPLOYEE BENEFITS
Parkside is proud to offer competitive benefits for all our employees including:

Competitive salary with bonus
Medical dental and vision insurance
401k Plan Employer Match
Employee Stock Options
Paid 4 Week Sabbatical Program with every 5 years of employment including $5000 for travel
12-week Paid Maternity Leave
Tuition Reimbursement
Employee charitable giving support
Company-paid parking & more

Parkside Financial Bank & Trust provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race color religion age sex national origin disability status genetics protected veteran status sexual orientation gender identity or expression or any other characteristic protected by federal state or local are committed to providing an inclusive workplace that accommodates the diverse needs of all individuals. If you require any accommodations during the application process or while employed please inform us so we can provide suitable assistance and modifications.

All employment offers are contingent until applicant successfully completes all necessary background checks and drug screens.

Required Experience:

RESPONSIBILITIES

Collaborate and assist on new account openings and closings with custodians separate managed accounts and private equity
Evaluate the proper methods for efficiently completing asset movements money movements and account maintenance requests
Review upload and edit (as needed) daily trade files to custodians
Determine and deliver tax reports needed from custodians
Develop generate and edit reports for Portfolio Integration and Trust Accounting
Administer and generate quarterly billings through reporting software
Collaborate and execute requests from Advisors and Coordinators for clients within a Group Processing Queue system
Setup maintain and reconcile accounts security records and pricing database within Portfolio Accounting system
Daily Settlement: Processing the Approvals & Daily Settlement
Disbursements/Deposits: Coordination of On Demand Client check request and depositing checks into Trust Clearing account
Track Inbound/Outbound Transfers/Reconcile Assets
Work with client support to ensure the timely and accurate processing of client and advisor requests. Includes but not limited to the opening of accounts and money movement tasks as needed to ensure superior client service.
Responsible for safeguarding all company and client information by maintaining confidentiality and upholding information security standards. Must also be knowledgeable of company policies around information security and confidentiality as well as participate in all training required on a periodic basis.

QUALIFICATIONS

High school diploma or equivalent required
Demonstrated knowledge in Microsoft Office with an emphasis on Excel
Strong knowledge in operation and utilization of computer-based investment management and custodial systems preferred
3 years experience and knowledge of wealth management operations preferred
Experience with Tamarac Schwab Cheetah or portfolio accounting systems are a plus
Motivated self-starter
Detail oriented and highly organized
Able to multi-task and prioritize to meet deadlines
Able to work both independently and as an integral part of a team
Quickly and proficiently comprehend new information
Able to focus on key priorities and thrive in a complex and ever-changing environment
Strong work ethic
Stable under pressure or stress
Willingness to learn and contribute to companys financial growth and profitability

EMPLOYEE BENEFITS
Parkside is proud to offer competitive benefits for all our employees including:

Competitive salary with bonus
Medical dental and vision insurance
401k Plan Employer Match
Employee Stock Options
Paid 4 Week Sabbatical Program with every 5 years of employment including $5000 for travel
12-week Paid Maternity Leave
Tuition Reimbursement
Employee charitable giving support
Company-paid parking & more

All employment offers are contingent until applicant successfully completes all necessary background checks and drug screens.

Required Experience: