Trust Operations Associate

The Trust Operations Associate is primarily responsible for leveraging operations and accounting systems for the trust company to ensure financial processes are managed effectively. The Ops Associate provides technical support for SOX & Operational related tasks within the Trust Administration department.

Responsibilities

• Responsible for the collection of management and invoicing fees for all Trust relationships in a time-constricted environment.
• Offers ongoing trust accounting database improvements and maintenance to facilitate data extraction and ad hoc reports.
• Processes daily accounting batch work for the Trust department.
• Proposes new strategies and process improvement ideas to increase efficiency and reduce operational costs.
• Processes trust-associated cases assigned in accordance with Service Level Agreements.
• Generates quarterly reports for the Trust department for various committees.
• Coordinates with the Trust Accounting vendor to ensure accuracy of held-away accounts and an efficient month-end closing process.
• Works with financial reporting on quarterly and annual reports for the Trust department.
• Assists with the completion of Reg 9 reviews and reports.
• Work with Amerant Bank’s Operational Risk Management department to ensure alignment with bank wide policies including BCP and disaster recovery procedures. Partner with risk department to complete annual risk assessments.
• Interacts with external Trust service providers in support of the day-to-day administrative functions.
• Provides support for regulatory-driven projects
• Other duties as assigned.
  
  

Minimum Education And/or Certifications Requirements

• Bachelor’s degree in economics, finance, business administration or engineering preferred.
• Trust Certification is preferred.
  
  

Minimum Work Experience Requirements

• 1-3 years of experience
• Customer service experience required. Some banking experience is preferred. Prior trusts administrative experience or legal experience in corporate, probate, trusts, estate planning, and fiduciary helpful.
• GAAP accounting principles preferred.
  
  

Technical And/or Other Essential Knowledge

• MS Office Skills, including MS Word Advanced, MS Excel Advanced, MS PowerPoint Advanced, MS Visio preferred.
• Trust Accounting experience preferred
• Independent thinker and ability to multitask.