What are the responsibilities and job description for the Trust Operations Professional position at Genesis10?
Genesis10 is seeking a Trust Operations Professional for an 8-month contract position with our financial services client. The position is on a hybrid schedule and is located in Minneapolis, MN.
Compensation: $25.00 - $30.00 per hour (W-2).
Job Description:
Our client is seeking a detail-oriented Trust Operations Professional to join the operational team supporting the personal trust business. This role focuses on the lifecycle management of trust accounts, including openings, terminations, reconciliations, and cash movement, while ensuring high-quality client service and operational accuracy.
Key Responsibilities:
- Account Lifecycle Management:
- Open new trust accounts, complete required documentation, initiate funding, and establish system interfaces.
- Process account terminations, ensuring all legal and procedural steps are completed, including delivery instructions and interface closures.
- Reconciliation & Processing:
- Perform trust account and DDA reconciliations, daily net settlement, cash and fee processing, and trust account maintenance.
- Ensure accuracy of account data through regular quality control and reconciliation tasks.
- Client & Advisor Communication:
- Respond to inquiries from Senior Trust Administrators, Investment Officers, advisors, and clients.
- Review and process direct requests in line with internal procedures and approval processes.
- Support Functions:
- Assist with daily cash distributions and exception processing.
- Collaborate with internal partners to resolve errors and support project-based initiatives.
- High school diploma or equivalent
- Minimum of 1 year of experience in financial operations or trust services in the following areas:
- Client & Account Maintenance
- Trust Account & DDA reconciliation
- Cash processing
- Fee processing
- Account Terminations
- Daily Net Settlement
- Strong written and verbal communication skills
- High attention to detail and strong organizational skills
- Associate's or Bachelor's degree
- Paralegal or similar experience working with legal documents and communications
If you have the described qualifications and are interested in this exciting opportunity, apply today!
About Genesis10:
Ranked a Top Staffing Firm in the U.S. by Staffing Industry Analysts for six consecutive years, Genesis10 puts thousands of consultants and employees to work across the United States every year in contract, contract-for-hire, and permanent placement roles. With more than 300 active clients, Genesis10 provides access to many Fortune 100 firms and a variety of mid-market organizations across the full spectrum of industry verticals.
Benefits of Working with Genesis10:
Access to hundreds of clients, most of whom have been working with Genesis10 for 5-20 years.
The opportunity to have a home in Genesis10; many of our consultants have been working exclusively with Genesis10 for years.
- Access to an experienced, caring recruiting team (more than 7 years of experience, on average.)
- Behavioral Health Platform
- Medical, Dental, Vision
- Health Savings Account
- Voluntary Hospital Indemnity (Critical Illness & Accident)
- Voluntary Term Life Insurance
- 401K
- Sick Pay (for applicable states/municipalities)
- Commuter Benefits (Dallas, NYC, SF)
For multiple years running, Genesis10 has been recognized as a Top Staffing Firm in the U.S., as the Best Company for Work-Life Balance, and as the Best Company for Career Growth, Diversity, and for Leadership, amongst others. To learn more and to view all our available career opportunities, please visit at our website.
Genesis10 is an Equal Opportunity Employer. Candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
#INDGEN10
Genesis10 is an Equal Opportunity Employer/Minorities/Female/Disabled/Veteran
Salary : $25 - $30
