Sr Asset Valuation Specialist - PP Trust

The Sr Asset Valuation Specialist - PP Trust has a primary responsibility to analyze and process transactions related to Private Security and Real Estate valuations. The Sr. Asset Valuation Specialists communicates effectively with clients, authorized third parties, and asset sponsors to resolve discrepancies or follow-up on requests. The Sr. Specialists adheres strictly to trust regulations and security standards including our customer identification program, the Gramm-Leach-Bliley Act, Bank Secrecy Act, Internal Revenue Code, and all other applicable banking and trust regulation set forth by the IRS and various other regulatory agencies. The Senior Specialist supports business units and leadership in carrying out the assigned duties, demonstrating independent judgement with a minimal amount of supervision and direction. Performs a wide range of services, some of which are complex and confidential in nature.

RESPONSIBILITIES

• Process cash and securities transactions in the trust accounting system related to investment valuations and asset sponsor contact updates.
• Ensures all transactions are processed accurately and according to the relevant documentation.
• Ensures all documentation related to the transaction is appropriately archived and noted in Salesforce.
• Review and approve transactions submitted below a threshold specified in the Asset Valuation Job Aid.
• Provide support to the department with system and procedural analysis by working with Leadership and advising on controls and process improvement as necessary.
• Proactively communicate with asset sponsors or government agencies via phone or email to validate requests and to understand the path to completion for each transaction.
• Quickly remediates any issues or concerns arising from the sponsor or agency contact.
• Communicates findings to end clients as needed.
• The Sr. Specialist must have the ability to work on multiple projects simultaneously while prioritizing based on risk/business needs.
• The Sr. Specialist must have the ability to think strategically with sharp analytical skills and strong attention to detail and accuracy.
• Proactively communicate with clients via phone or email to advise them of the status of their request.
• Quickly remediate any issues or concerns arising from the client contact.
• Ensure all procedures related to client contact are adhered to.
• Process complex activities related to bulk vendor valuations and bulk client valuation notices.
• Ensure all documentation related to the transaction is appropriately archived and noted in Salesforce.
• Lead institutional client conversions and de-conversions. Create action plans and ensure timely execution of related processing activities. Communicate with Sales / Service teams on status of the plans.

QUALIFICATIONS

• Demonstrated data entry skills required.
• Minimum 3 years Financial Services experience required.
• Previous Financial Services experience in a transaction processing environment required

A reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $21.32/hr to $35.54/hr. Actual compensation will vary based on various factors, including but not limited to location, experience, and performance.  A discretionary bonus and/or business line incentive may be provided, in addition to medical and other benefits, dependent on the position.  For more information regarding our benefits, please visit https://www.ppbi.com/careers.html

CA (Los Angeles applicants): Applicants are notified that the Company is an insured depository institution subject to the restrictions and requirements of Section 19 of the Federal Deposit Insurance Act (12 CFR 303) (“Section 19”). In accordance with Section 19, the Company will consider an applicant’s criminal history after an applicant is made a conditional offer of employment.  Qualified applicants with criminal conviction records will be considered for employment in accordance with the Los Angeles Fair Chance Ordinance.  Section 19 may prohibit the Company from employing an applicant with criminal conviction(s) for fraud, breach of trust, embezzlement, mishandling of money or any crime of violence may have a direct impact on the job duties as set forth in the job description and such convictions may result in withdrawal of a conditional offer of employment in accordance with the Los Angeles Fair Chance Ordinance.  Because of the nature of our business, a review of your criminal history is necessary to comply with Section 19 and to avoid substantial risk to our business operations and licensing. 

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Salary : $21 - $36