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Trust Operations Officer – Cash Management

2 months ago


Sioux Falls, United States South Dakota Trust Company LLC Full time

About the Company:


Founded in 2002, South Dakota Trust Company LLC (SDTC), a JTC Group company, provides pure trust administration services. With trust assets currently totaling USD $155 billion, SDTC works with whomever the client wishes regarding investments, insurance and custody of the trust assets, and it also administers trusts holding all types of non-financial assets globally.

As a result of South Dakota’s top-rated trust, tax, privacy, asset protection and private trust company laws, SDTC works with families and their advisors in almost all U.S. states and over 50 countries.


South Dakota Trust Company is looking to expand its team. We are looking for a Trust Operations Officer in our Sioux Falls office. This position provides cash management to our growing SDTC Services group. The officer will be responsible for delivering comprehensive cash management solutions for more than 25 trust companies, encompassing reconciliation, wire/ACH/check processing, AML compliance, online banking operations, client cash reporting and analysis, and development of processes and procedures. The officer will work alongside the Cash Management Team Lead Operations Officer and will also provide backup support to our SDTC client cash team. This position plays an important role in the effective trust administration and operations for SDTC and SDTC Services.


Requirements:


  • A bachelor’s degree or equivalent work experience in accounting, business administration, finance, or related field is preferred.
  • Prior bookkeeping or accounting experience desired, but not required.
  • A self-starter, who can work independently at a high level, and must be able to take initiative to ensure deadlines are met.
  • Strong writing and verbal communication skills.
  • Superb time management, scheduling, organization, computer skills, office skills, along with contributing to a team effort, are also necessary.
  • Proficiency in Microsoft Excel and Outlook.
  • Ability to multi-task is critical.