ABOC · 5 hours ago
Trust Operations Specialist
Chicago, IL
Full-time
Onsite
Mid Level
3+ years expABOC is a company with a century of experience in serving the banking needs of various clients, emphasizing trust and personal service. They are seeking a Trust Operations Specialist to manage trust operations payments and transactions while providing departmental support and training for various functions.
BankingVenture Capital
Hiring Manager
Crystal Favela
Responsibilities
Prepares and processes designated trust operations payments and transactions
Provides assistance throughout the department as a back-up for various trust operations functions which may include processing and reconciliation of DTC and Fed trade settlements and verification of positions against trade confirmations, processing of securities (including mutual funds and safekeeping items, etc.), reorganization and corporate action processes, department balancing, statement generation and processing, SLG processing, Institutional and Corporate Trust fee processing and money market sweep processing
Trains regularly on each function managed by departmental staff to prepare to perform each role when needed
Balances, research and resolves trust accounting system issues
Retrieves and distributes departmental reports and compiles and prepares information as requested
Contributes, participates and communicates on projects and department support items as assigned
Keeps abreast of departmental issues through additional training with appropriate specialists when a process is revised
Performs other related duties as assigned
Qualification
Required
High school diploma or equivalent
Knowledge of trust practices and procedures as is normally attained in three years of trust operations or related experience in a back-office environment
Preferred
Expertise with trade settlement, dividend and interest payment and mutual fund processes
Benefits
Full health insurance (medical, dental and vision)
401(k)
Life insurance
Education Assistance
Paid Vacation Days
Employee Assistance Program
Open-door work environment
Opportunities for advancement
Community Service Opportunities
Company
ABOC
ABOC is a trusted, full-service banking partner that is built on relationships.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2021-09-22Acquired
Leadership Team
Timothy Clifford, CPA, CGMA
SVP, Chief Financial Officer
Nick Weaver
Executive Vice President - Chief Operating Officer (incoming President)
Recent News
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