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Trust Operations Specialist
4 months ago
Why First Community Trust (FCT)?
We truly believe that people matter. From our clients to our employees, our goal is to make sure we take care of our people first.
FCT is a nationally chartered trust company offering investment, retirement, and trust services, primarily through credit unions. Our retail and institutional clients entrust FCT to manage over $1.3B of assets on their behalf. FCT is actively pursuing growth initiatives and we're seeking team members who take great pride in their work and want to contribute to the stability and growth of the firm.
The Trust Operations Specialist will be responsible for providing operational and service support to clients and Trust Officers with emphasis on transactional processing. If you are detail-oriented and enjoy process improvements, we want to hear from you
What You'll Be Doing
- Process high volume and high value transactions including payment processing, account reconciliation, and transfers.
- Identify and post deposits received into the trust accounting system including cash deposits, transfers, rental payments, etc.
- Transfer funds timely and maintain records for federal and tax withholding.
- Execute and post same day settlements for money market sweep transactions and reconcile against custodian records.
- Assist in proper coding and research accurate disbursement for transactions.
- Utilize various payment methods including check generation, ACHs, internal transfers, and wires.
- Close accounts in entirety and maintain accurate records in system.
- Respond to operational inquiries from Trust Officers and associates.
- Maintain files for the trust operations department.
Who You Are
- College degree in finance, accounting, or business administration required or equivalent years of experience.
- Background knowledge in fiduciary and financial accounting, taxes and investments, and/or trust/estate regulations.
- General knowledge of trust, estate, employee benefit and custody relationships, fiduciary and financial accounting, and tax and investment management.
- Strong analytical skills with high attention to detail and accuracy.
- Excellent verbal, written and interpersonal communication skills.
- Excellent problem-solving and time management skills.
*Credit and criminal history verification will be required of all applicants.
FCT is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.
