Trust Operations - Associate or Officer

American Commercial Bank & Trust, NA

Trust Operations – Associate or Officer Level – on site in Ottawa, IL.

American Commercial Bank & Trust is currently seeking candidates for an opening in our Trust Operations area. This role will work closely with our EVP – Chief Trust Officer and Trust Department Team. This is a customer-facing role, providing service to new and existing trust clients with their trust needs. The role involves responding to inquiries, processing requests, facilitating agreements and documents, and processing reimbursements and other financial transactions. The incumbent will also work within our trust management system, updating and maintaining account information, processing payments, and running various reports. We are seeking candidates with 5-10 years of prior Trust Operations/Administration experience, a working knowledge of trust documents, understanding trust directives and executing transactions accordingly, knowledge of using and operating trust accounting software, and familiarity with fiduciary and personal income tax returns and documents. This position is based out of our Ottawa, IL corporate headquarters. A good working knowledge of MS Office Suite software is highly desirable. Seeking candidates with strong problem-solving and decision-making ability, and excellent written and verbal communication skills. Working hours are Monday through Friday, 8:30am to 5:00pm, and one Saturday per month, 9am to 12pm. Both Trust Associate and Officer level candidates will be considered and are encouraged to apply.

Key job duties and responsibilities include the following:

• Utilization of trust accounting software for daily account maintenance, reconciliations, recordkeeping, and portfolio accounting.

• Inputting and maintaining account data.

• Processing of receipts, disbursements, and purchase and sale transactions.

• Generating reports and balancing transactions.

• Maintaining compliance and adherence with applicable regulations, internal policies and procedures, and internal controls.

• Assisting in the facilitation of preparation of fiduciary and personal income tax returns.

• Assisting with the preparation of client contracts and agreements.

• Review of governing instruments, as necessary.

• Providing consistently excellent service to clients, and maintain positive relationships with vendors, attorneys and other external contacts.

• Ongoing risk management.

• Coordination with and provision of assistance to trust administrators.

Education and Experience

• Degree or substantive previous experience in Trust, Paralegal studies, Finance, or Accounting

Skills and Abilities:

• Working knowledge of trust operations and administration, and the principles of trust accounting.

• Understanding applicable trust and fiduciary laws and regulations, or the ability to familiarize self with same.

• Experience in financial services, trust administration, accounting, or investment back-office operations.

• Attention to detail and accuracy in data management.

• Strong analytical, problem-solving, and decision-making skills.

• Strong verbal and written communication and interpersonal skills for use with Department colleagues and clients.

• Ability to multitask and quickly learn/become proficient in new tasks.

• Proficiency (or ability to become proficient) in trust accounting systems/software, Word, Excel, et al.

American Commercial Bank & Trust is an Equal Opportunity Employer (Protected Veterans, and Individuals with Disabilities).

A comprehensive benefits package offered for Full-time positions, including medical, dental and vision coverage, Life/STD/LTD plans, Flexible Spending Account, 401k ESOP, paid vacation, sick time, and holidays. For more information on our Bank, visit us online at: www.acbandt.com.

Job Type: Full-time

Pay: $45,000.00 - $62,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Profit sharing
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday
• Rotating weekends

Application Question(s):

• Do you live in or near Ottawa, IL?

Ability to Commute:

• Ottawa, IL 61350 (Required)

Ability to Relocate:

• Ottawa, IL 61350: Relocate before starting work (Required)

Work Location: In person

Salary : $45,000 - $62,000