Trust Operations Manager
: Job Details :


Trust Operations Manager

Commercial Bank and Trust Company

Location: Paris,TN, USA

Date: 2024-12-24T08:43:30Z

Job Description:
Role and Responsibilities:
  • Manage the posting and maintenance of the Trust Ledger including interfaces and trade settlements.
  • Manage the reconciliation of cash daily as well as bank and brokerage Statements.
  • Manage the payment of bills for trust, estate, and agency accounts. This includes ACH payments and check payments to beneficiaries throughout the month.
  • Verify updated market values on investment securities and post monthly, quarterly, and annual statements.
  • Verification of new assets, new Person and Entity Files (PEFs) for vendors, and scheduled transactions.
  • Oversees the timely distribution of estimated tax payments, CPA firm payments, and federal and state tax payments.
  • Verify the Annual Cemetery Reports.
  • Correspond effectively with clients, vendors, advisors, and accountants.
  • Calculate Required Minimum Distributions.
  • Review and respond to IRS Notices.
  • Prepares and submits Trust tax packages to CPA Firm.
  • Completes all training assigned by HR, IT, Compliance, BSA, and supervisor on a timely basis.
  • Provides exceptional customer service.
  • Prompt and regular attendance.
  • Set goals for making referrals to contacts in the community.
  • Has a helpful attitude with co-workers and customers.
  • Strives to improve efficiency in his/her work area through cost savings.
  • Performs other tasks assigned by supervisor.
  • Follows the IT Security Policies and Procedures, including the diligent reporting of phishing emails.
Supervisory Responsibilities:
  • Oversees the daily workflow of the department.
  • Interviews and trains new associates in the department
  • Provides constructive and timely performance evaluations.
  • Coordinates discipline and termination of associates in accordance with company policy.
  • Ability to prioritize and delegate tasks.
Qualifications and Education Requirements:
  • Bachelor's degree in accounting or related field
  • 5-years of experience in accounting
  • Public Accounting or a Certified Public Accountant (CPA) is preferred.
Preferred Skills:
  • Excellent verbal and written communication skills
  • Strong supervisory and leadership skills
  • Tact and public relations expertise
  • Excellent customer service skills
  • Proficient in Microsoft Office Suite or related software
  • Basic understanding of investment securities
  • Thorough understanding of accounting principles and procedures
  • Ability to perform Internet research.
  • Valid driver's license and clean driving record
Commercial Bank and Trust Company is an Equal Employment Opportunity Employer-M/F/Vets/Disabled.
Apply Now!

Similar Jobs (0)