Intern - Private Wealth

IQ-EQ • Rapid City, SD

7d • $24 • Onsite

About The Position

This role is an hourly position ($24/hour) and requires the ability to work onsite at our Rapid City, South Dakota location.
Provide support for Trust Accounting department activities:
Asset set-up and maintenance.
Posting of cash activities.
Monthly fee processing.
Internal audit program procedures.
Other ad-hoc projects as they arise.
Month-end account reconciliation:
Perform monthly reconciliations of trust accounting system on assets held away and other alternative assets (equities, private businesses, loans, real estate etc.).
Review and execute trustee duties within complex Trust structures:
Research Trust transactions with a team of Trust Accounting Analysts.
Research and resolve intricate scenarios that arise within Trust structures.
Support Trust Officers with client relationship management (CRM) system.

Requirements

• Current Junior or Senior standing in college; Bachelor’s degree track in Business with emphasis in Accounting or Finance (prior to start date).
• Interest in fiduciary accounting and the trust industry.
• Strong computer / Excel skills and desire to master trust accounting system.
• Strong communication skills (written and oral)
• Strong organizational skills to be able to handle multiple projects at once.
• High attention to detail
• Self-starter: ability to deal with ambiguity, solve problems, set priorities and track/resolve issues.

Responsibilities

• Asset set-up and maintenance.
• Posting of cash activities.
• Monthly fee processing.
• Internal audit program procedures.
• Perform monthly reconciliations of trust accounting system on assets held away and other alternative assets (equities, private businesses, loans, real estate etc.).
• Research Trust transactions with a team of Trust Accounting Analysts.
• Research and resolve intricate scenarios that arise within Trust structures.
• Support Trust Officers with client relationship management (CRM) system.

What This Job Offers

• Career Level: Intern