This job has the dual purpose of processes that support the daily and cyclical activities of the Corporate Trust Operations unit, including the processing of income, maturity and call payments on payable date, and maintenance of unissued certificate inventory as vault custodian. In addition, this job will support the Trust operating platform information control and maintenance processes as required and assigned by the Information and Corp Trust Operations Manager.
Responsibilities Establish new issues on corporate trust accounting system in a timely, accurate and complete manner. Setup pay down schedules, rate tables, fee schedules, etc. This may include the issuance of certificates on physical issues. Process regular income payments, maturities and calls on corporate trust issues in a timely, accurate and compete manner. This includes the printing of checks, wires, and ACH payments and the corresponding cleared check files received from the bank. Process lost shareholders and escheatment as needed to comply with state laws regarding proper escheatment. Process requests to cancel and reissue certificates of existing issues in a timely, accurate and complete manner. Serve as vault custodian for unissued certificates. Ensure certificates are maintained under dual control. Process the closing of issues on corporate trust accounting system, ensure all aspects of final processing are completed in a timely, accurate and complete manner Review existing Corporate Trust procedures as needed or at least annually for submission to Manager. Identify and make recommendations for process improvement opportunities. Support Manager as requested in Trust information control and accuracy processes and archiving processes. Support the Information and Corp Trust Operations Manager or the Wealth Management Firm Operations Manager as requested or assigned in Trust information control and accuracy processes, and archiving processes.
Qualifications General accounting, including aspects of debits and credits, and funds transfer and payment practices. General understanding of information required to operate Trust products and client activity. Time management principles to prioritize workload Propensity to achieve high client service levels Basic interpersonal skills Communication skills (oral and written) PC, PC application, and data reporting skills E-mail and Internet skills Research and analytical skills Sound judgment and ability to make decisions Must complete and comprehend SEI PLATO training assigned for role Must pass basic Microsoft Word and Excel tests Expectation of proficiency in spreadsheet and word applications
Degree: High School Degree plus 10 years of experience in a role in a Trust company, or securities industry related business; or Technical/Vocational School plus 4 years of experience in a role in a Trust company, or securities industry related business; or Associates Degree in business related field plus 3 years of experience in a Trust company, or securities industry related business; or
Bachelors Degree in a business related field plus 1 year of experience in a Trust company, or securities industry related business
Bachelors Degree plus 2 years of experience in a Trust company, or securities industry related business
Preferred Certificates: Certified Securities Operations Professional (CSOP) Cannon Financial Schools, Southern Trust School or Northern Trust School DTCC Learning Certifications
Associated topics: associate director, chief investment officer, director finance, finance director, financial director, general operations manager, organizational culture, supervise, supply, vice president