The Asset Onboarding Sr. Specialist – PP Trust has a primary responsibility to analyze and process private equity and real estate onboarding activities. The team is tasked with providing risk analysis to determine if the assets are acceptable for PP Trust to custody (inclusive of IRS guidelines, regulations, and internal polices/procedures). The primary goal of the team is to ensure a compliant, accurate, and timely investment transactions for our clients. Communicate effectively with clients, authorized third parties, and asset sponsors to resolve discrepancies or follow-up on requests. Adhere strictly to trust regulations and security standards including our customer identification program, the Gramm-Leach-Bliley Act, Bank Secrecy Act, Internal Revenue Code, and all other applicable banking and trust regulation set forth by the IRS and various other regulatory agencies. Handles moderately complex work.

 RESPONSIBILITIES

• Process cash and securities transactions in the trust accounting system related to private equity and real estate position onboarding.
• Ensure all transactions are processed accurately and according to the relevant documentation.
• Ensure all documentation related to the transaction is appropriately archived and noted in Salesforce.
• Review relevant documentation for private equity, real estate, and private debt investments.
• Complete risk analysis to determine if the assets are acceptable for PP Trust to custody (inclusive of IRS guidelines, regulations, and internal polices/procedures).
• Proactively communicate with clients via phone to advise them of the status of their request.
• Quickly remediate any issues or concerns arising from the client contact.
• Ensure all procedures related to client contact are adhered to.
• Assist in training and development of junior staff members.
• Train new hires.
• Train existing employees on complex activities.
• Lead institutional client conversions and de-conversions.
• Create action plans and ensure timely execution of related processing activities. Communicate with Sales / Service teams on status of the plans.
• Other duties as assigned.

QUALIFICATIONS

• Demonstrated data entry skills required.
• Minimum 3 years Financial Services experience required.
• Previous Financial Services experience in a transaction processing environment required.

A reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $21.66 to $32.49. Actual compensation will vary based on various factors including but not limited to location, experience, and performance. A discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits, dependent on the position. For more information regarding our benefits, please visit https://www.ppbi.com/careers.html

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