What are the responsibilities and job description for the Trust Associate position at Baird?
About The Position
Our Middle Office associates provide support to Trust Administration in regard to account opening and closing processes. They also act as a liaison, facilitating asset movement between our custodian, internal Operations and outside organizations. As a Trust Associate in the Middle Office, you will provide account opening, account closing, asset movement, and cost adjustment support to Trust Associates and Trust Officers. The ideal candidate will have strong knowledge of the financial industry, be highly proficient with Excel, and provide excellent service to internal and external clients.
What Makes This Opportunity Great
Baird Trust is part of Private Wealth Management at RW Baird, an employee-owned financial services firm with a culture unlike any other, which values diverse backgrounds and perspectives while emphasizing teamwork and a strong sense of partnership. We offer opportunity for having a compelling career working side by side with the best in the business. At Baird, our mission is to provide the best financial advice and service to our clients and be the best place to work for our associates, with the support & flexibility to grow and be your best at work, at home, and in the community. Baird Trust provides asset management, estate planning, tax planning, and trust services for high-net worth families. We are the largest state-charted trust company in KY, and one of the largest regional trust companies with offices in Louisville (home office), Cincinnati, Evansville, Nashville, Greenville SC and Milwaukee.
As a Trust Middle Office Associate, You Will
Baird is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, citizenship, national origin, age, disability, military service, veteran status, sexual orientation, gender identity or expression, genetic information, or any other status protected by law.
Our Middle Office associates provide support to Trust Administration in regard to account opening and closing processes. They also act as a liaison, facilitating asset movement between our custodian, internal Operations and outside organizations. As a Trust Associate in the Middle Office, you will provide account opening, account closing, asset movement, and cost adjustment support to Trust Associates and Trust Officers. The ideal candidate will have strong knowledge of the financial industry, be highly proficient with Excel, and provide excellent service to internal and external clients.
What Makes This Opportunity Great
Baird Trust is part of Private Wealth Management at RW Baird, an employee-owned financial services firm with a culture unlike any other, which values diverse backgrounds and perspectives while emphasizing teamwork and a strong sense of partnership. We offer opportunity for having a compelling career working side by side with the best in the business. At Baird, our mission is to provide the best financial advice and service to our clients and be the best place to work for our associates, with the support & flexibility to grow and be your best at work, at home, and in the community. Baird Trust provides asset management, estate planning, tax planning, and trust services for high-net worth families. We are the largest state-charted trust company in KY, and one of the largest regional trust companies with offices in Louisville (home office), Cincinnati, Evansville, Nashville, Greenville SC and Milwaukee.
As a Trust Middle Office Associate, You Will
- Support Trust Administration team with account establishment and termination processes.
- Assist with cost basis information research and data gathering to accurately reflect system cost basis.
- Responsible for the transfer of securities and cash, both internally and externally.
- Assist with the fee process through all stages, including establishing initial fee, ongoing coding, and final fee processing.
- Assist Trust Administration team with organizing, maintaining and uploading account documentation in our electronic storage system, including physical filing of original legal documents.
- Prepare reports as needed and ensure the data is appropriately distributed. Research, gather, and compile data and information from a variety of sources.
- Prepare distribution schedules utilizing Microsoft Excel for asset distribution in the account termination process.
- Provide flexible, friendly and proactive service to clients, both internal and external.
- High School Diploma or equivalent.
- 2-3 years of experience in the financial or securities-related industry.
- Familiarity with trust and estate documents.
- Understanding of financial industry concepts.
- Experience with financial or trust accounting systems a plus, but not required.
- Detail oriented; ability to work with numbers and large volumes of data with accuracy and speed.
- Superior customer service.
Baird is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, citizenship, national origin, age, disability, military service, veteran status, sexual orientation, gender identity or expression, genetic information, or any other status protected by law.
