Midland States Bank · 4 days ago

Operations Specialist II - Wealth Management

Rockford, IL

Part-time

Onsite

Mid Level

$24/hr - $30/hr

3+ years exp

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BankingFinance

Insider Connection @Midland States Bank

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Responsibilities

Performs complex account and security maintenance and transaction requests related to core/critical team functions.

Reviews and interprets complex documents pertaining to client's information and general knowledge and understanding of various fiduciary account types currently under administration.

Validates and audits distribution and transfer requests for adherence to policy and procedure for self and specific WM Operations core team.

Processes and settles trades, dividends, interest, maturities, capital changes, and misc. income which requires understanding of various tax treatments for different types of transactions, account types, and methods in which positions are held.

Processes distributions and transfers from trust accounts.

Maintains compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).

May require occasional travel for training and team meetings and willingness to travel periodically to locations within the market as needed.

May require work in a Midland office to ensure collaboration and support of internal and external customers.

Performs other duties as assigned.

Qualification

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Financial ServicesAccountingProblem-SolvingHard WorkingTeam Player