CoreFirst Bank & Trust · 12 hours ago
Trust Operations Associate II - Securities Specialist
Topeka,KS,US
Full-time
Onsite
New Grad, Entry LevelCoreFirst Bank & Trust is seeking a Trust Operations Associate II - Securities Specialist responsible for the accurate and timely accounting of investable assets held by the company's Trust clients. The role involves trade processing, reconciliations, and ensuring compliance with relevant regulations in Trust Operations.
Banking
Responsibilities
Performs daily operational duties, such as monitoring trade activity and ensuring trades are executed as authorized, including monitoring and authenticating 3rd party trades settling through the Banks custodian (i.e. “ad-hoc” arrangements)
Reconciles Daily Transaction Reports of third-party custodians to the Trust Accounting System records
Retrieves, validates and uploads external source data into the Trust Accounting System
Ensures all trades are appropriately authorized, confirmed/affirmed and processed according to internal procedures
Calculates the Daily Cash Settlement needs by custodian and ensures outgoing and incoming wire transfers are requested and processed timely and accurately
Monitors and resolves unsettled, erroneous/failed trades or other similar exceptions and reports to the proper level of management
Reconciles and posts dividend and interest receipts to the Trust Accounting System; identifies and resolves discrepancies
Ensures that relevant and required regulations pertaining to trade and broker recordkeeping, documentation, confirmations, and other pertinent requirements are adhered to within the scope of Trust Operations’ responsibilities
Qualification
Required
High school diploma or equivalent required
Excellent organizational skills, including the ability to prioritize work and multi-task
Ability to handle a heavy volume of work
Willingness to establish and maintain effective working relationships through a high level of interpersonal skills
Exceptional communication skills, both written and verbal, that can be demonstrated with internal and external clients
Ability to manage multiple projects simultaneously
Ability to solve practical problems and deal with multiple variables in situations with limited guidance
Ensures that relevant and required regulations pertaining to trade and broker recordkeeping, documentation, confirmations, and other pertinent requirements are adhered to within the scope of Trust Operations' responsibilities
Applicants must pass a drug screen and background checks
Internal applicants must meet the minimum requirements of their current job and submit a cover letter and resume via the employee portal
Preferred
Bachelor's Degree in Business or a related field preferred
Previous Trust and banking experience preferred
A general understanding of Trust and Securities Operations Regulations
A strong fundamental understanding of Investable Securities and Securities Operations
Detail oriented with a high level of accountability for accuracy
Intermediate Tier Microsoft Office - Excel skill (pivot tables/charts, nested logical/IF formulas, multiple criteria lookups, arrays)
Strong personal drive and initiative, demonstrated work ethic, and ability to work independently and as a team
Company
CoreFirst Bank & Trust
CoreFirst Bank & Trust is a Kansas based bank that offers products and solutions for both consumers and business, including banking products, trust services and investment services*.
Founded in 1959
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jillinda Ansell, SPHR
HR Business Partner, Compensation & Benefits
Todd Karnatz
Chief Credit Officer
Company data provided by crunchbase