The Wealth Operations Assistant I is responsible for assisting with a variety of administrative and operational tasks, ensuring smooth processing of client transactions and accurate record-keeping. This position will provide back-up coverage and support within the Wealth Management department when needed.
PRINCIPAL DUTIES AND RESPONSIBILITIES
-
Assists with processing of wires, distributions, deposits, and check printing to ensure timely and accurate client transactions.
-
Updates market values and cost basis information in trust software system per monthly, quarterly and annual schedules.
-
Inputs and updates client information in trust software system, maintaining up-to-date records and ensuring data integrity.
-
Processes ACH transactions for trust clients, both incoming and outgoing, per their request.
-
Reconcile daily trade settlements and cash transactions for mutual fund, stocks, and dividends received.
-
Balance daily transactions, incoming and outgoing, at the end of each day.
-
Performs other duties as assigned.
EDUCATION AND/OR EXPERIENCE
-
High School Diploma, or equivalent, required.
- 1-2 years’ related experience as a trust assistant, or similar financial services position, preferred.
KNOWLEDGE, SKILLS, AND ABILITIES
-
Excellent communication skills, both verbal and written.
-
Strong attention to detail and organization skills.
-
Honesty and respect for confidential information.
