What are the responsibilities and job description for the 2605-7 Trust Operations Associate position at Tennessee Bankers Association?
Pendleton Square Trust Company
Trust Operations Associate
Role Description
This is a full-time, on-site role based in Memphis, TN, for a Trust Operations Associate.
Key Responsibilities
Trust Operations Associate
Role Description
This is a full-time, on-site role based in Memphis, TN, for a Trust Operations Associate.
Key Responsibilities
- Assist with new client onboarding by facilitating execution of new account paperwork, overseeing file and asset transfers, coordinating with outside investment firms, and performing reconciliations;
- Utilize the trust accounting and administration systems to process transactions, record communications, create reports for internal and external use and ensure compliance requirements are being met;
- Monitor daily trust system reports to ensure accuracy of transactions, account liquidity, etc.;
- Support trust compliance by strictly adhering to Company policies and procedures, including by maintaining organized and well-documented files using standard naming conventions and assisting in annual review process;
- Handle centralized operations activities, such as posting of daily receipts, and collaborate with team members to ensure seamless operational workflows; and
- Open and close accounts, book unique assets and process unique asset updates on the trust accounting system.
- Attention to accuracy, detail and organization
- Excellent interpersonal and communication skills
- Proficiency with office software and familiarity with financial systems and tools
- Ability to manage multiple tasks effectively and prioritize under deadlines
- Bachelor’s degree in Business Administration, Finance, or a related field
- Experience in trust administration or financial services
- $45,000 - $57,000 annually
- 401(k)
Salary : $45,000 - $57,000