Private Wealth Associate
Share
Job Location:
Monthly Salary:
Posted on:
3 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
IQEQ Trust Company U.S. Trust Operations Analyst Private Wealth
IQEQ Trust Company U.S. (IQEQ) is a specialized non-depository trust company that provides flexible and cost-efficient directed trustee services to high-net-worth individuals and their trusted advisors from around the world. We have offices in Bedford New Hampshire and Rapid City South Dakota -- two of the most favorable jurisdictions in the country for trust administration.
IQEQ is strategically positioned at an important crossroad of the investment accounting and legal services industries. For our clients generational wealth transfer plans we strive to be a best-in-class trust services provider focusing on specialized services that offer its clients access to both South Dakotas and New Hampshires advantageous trust and tax laws.
To support our growth IQEQ is aiming to add smart hard-working team members to our company. This is an excellent opportunity to join a growing and entrepreneurial company that operates within a unique and dynamic space of the financial services industry.
Role Summary:
This role ensures the accuracy completeness and compliance of our trust accounting records by reconciling brokerage accounts maintaining organized documentation and keeping our trust accounting software updated with daily transaction activity.
Responsibilities:
- Provide support for Trust Accounting department activities:
- Asset set-up and maintenance.
- Posting of cash activities.
- Internal audit program procedures.
- Download save and upload monthly brokerage statements confirmations and supporting documents.
- Other ad-hoc projects as they arise.
- Month-end account reconciliation:
- Prepare monthly reconciliation reports for compliance purposes.
- Identify and resolve discrepancies missing transactions or classification errors.
- Perform monthly reconciliations on brokerage account statements and other alternative assets (equities private businesses loans real estate etc.) in our trust accounting system.
- Daily Transaction Processing:
- Import or manually enter daily transactions (buys/sells dividends cash transfers interest etc.) into the trust accounting system.
- Monitor for unusual or unexpected transactions and escalate when needed.
- Review daily activity for accuracy and completeness before posting.
- Review and execute trustee duties within complex Trust structures:
- Research Trust transactions with a team of Trust Accounting Analysts.
- Research and resolve intricate scenarios that arise within Trust structures.
Qualifications :
Qualifications and Skillsets:
- Interest in fiduciary accounting and the trust industry.
- Strong computer / Excel skills and desire to master trust accounting system.
- Strong communication skills (written and oral)
- Strong organizational skills to be able to handle multiple projects at once.
- High attention to detail
- Self-starter: ability to deal with ambiguity solve problems set priorities and track/resolve issues.
Additional Information :
OUR COMMITMENT TO YOU AND THE ENVIRONMENT
As a forward-looking business sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining meaningful long-term relationships with all our stakeholders including our employees clients and local communities while also reducing our impact on our natural environment.
There is always more we can and should do to improve whether in relation to our people our clients our planet or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. Were committed to fostering an inclusive equitable and diverse culture for our people led by our Diversity Equity and Inclusion steering committee.
Our learning and development programmes and systems enable us to invest in growing our employees careers while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5800 employees - from 94 nationalities speaking 41 languages across 25 countries - to each achieve their potential. Through IQ-EQ Launchpad we support female managers launching their first fund in an environment where only 15% of all private equity and venture capital firms are gender balanced.
Were committed to growing long-term relationships with our clients and supporting them in achieving their objectives. We understand that our clients sustainability and success leads to our sustainability and success. Were emotionally invested in our clients right from the beginning.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Business Development
- Estate Law
- Sales Experience
- Trusts
- Wealth Management
- Financial Services
- Organizational skills
- Investment Experience
- Banking
- Securities Law
- Financial Planning
- Wills
About Company
IQEQ is a preeminent service provider to the alternative asset industry. IQEQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infras ... View more
