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Operations Specialist II
1 month ago
At Midland States Bank, base salary is one component of our Total Rewards program. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. The Operations Specialist II – WM is responsible for providing service and support to the bank’s wealth management division.
The Operations Specialist II – WM will have strong working knowledge of WM Operations Core Team critical functions and act as a liaison between WM Operations and Wealth Management division.
Performs complex account and security maintenance and transaction requests related to core/critical team functions.
Has strong working knowledge of Trust Accounting system and data flow.
Review and interpret complex documents pertaining to client's information and general knowledge and understanding of various fiduciary account types currently under administration.
Knowledge and understanding of different security types as well as how they trade, settle and are treated for tax and performance reporting.
Validates and audits distribution and transfer requests for adherence to policy and procedure for self and specific WM Operations core team.
income which requires understanding of various tax treatments for different types of transactions, account types, and methods in which positions are held.
This may require reviewing and interpreting private security memorandums in some cases.
Process distributions and transfers from trust accounts.
The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed.
May require work in a Midland office to ensure collaboration and support of internal and external customers.
Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
Associates degree in business or finance and 3+ years of prior experience in financial services or accounting. Bachelor’s degree preferred.
Ability to provide quality customer service to internal and external customers.
Ability to present a professional business image to customers, including verbal, written, and personal attire.
Business insight
Being a brand champion
Emotional Intelligence
Being flexible and adaptable
At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
