Trust Operations Specialist (Financial Bookkeeping)

Role and Responsibilities:

• Post and maintain Trust Ledger including interfaces and trade settlements.
• Reconcile cash daily as well as bank and brokerage Statements.
• Pay bills for trust, estate, and agency accounts. This includes ACH payments and check payments to beneficiaries throughout the month.
• Update market values on investment securities and post from monthly, quarterly, and annual statements.
• Set up new assets, Name and Address records, and scheduled transactions.
• Reviews scheduled transactions on a weekly basis for verification of timely payment and audit of transaction set up.
• Verifies that supporting documentation and trust officer approval is in file for all scheduled transactions.
• Coordinates Annual Asset Review with outsourced third party.
• Timely produces and files accountings, cemetery reports, and R-CT reports as needed.
• Timely pays estimated tax payments and assists with CPA payments, and federal and state tax payments during tax season.
• Coordinates wire transfers for specific amounts as needed.
• Timely executes investment buys and sells as needed for retirement plans/custodial accounts.
• Assists with monthly fee processing and produces Other Accounts Receivable report for management.
• Prepares tax packages and coordinates with CPAs regarding annual 1041, 990 PF, and 1040 filings.
• Correspond with Beneficiaries as needed.
• Scans investment statements, confirmations, and other investment correspondence received via mail in a timely manner.
• Employee has prompt and regular attendance.
• Completes all training assigned by HR, IT, Compliance, BSA, and supervisor on a timely basis.
• Set goals for making referrals to contacts in the community.
• Has helpful attitude with co-workers and customers.
• Strives to improve efficiency in his/her work area through cost savings.
• Performs other duties assigned by supervisor.
• Follows IT Security Policies and Procedures, including the diligent reporting of phishing emails.

Qualifications and Education Requirements

• Accounting degree or 5 years accounting experience

Preferred Skills

• Excellent verbal and written communication skills
• Proficient in Microsoft Office Suite or related software
• Tact and public relations expertise
• Ability to perform Internet research
• Basic understanding of investment securities
• Valid driver’s license and ability to operate a variety of bank-provided vehicles

Commercial Bank & Trust Company is an Equal Opportunity Employer-M/F/Vets/Disabled.

Job Type: Full-time

Benefits:

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

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person