Intern- Private Wealth

IQ-EQ • Bedford, MA

239d • $24

About The Position

Provide support for Trust Accounting department activities, including asset set-up and maintenance, posting of cash activities, monthly fee processing, and internal audit program procedures. Additionally, you will handle other ad-hoc projects as they arise. Responsibilities also include performing monthly reconciliations of the trust accounting system on assets held away and other alternative assets such as equities, private businesses, loans, and real estate. You will review and execute trustee duties within complex Trust structures, research Trust transactions with a team of Trust Accounting Analysts, and resolve intricate scenarios that arise within Trust structures. Furthermore, you will 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 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

• Provide support for Trust Accounting department activities
• Asset set-up and maintenance
• Posting of cash activities
• Monthly fee processing
• Internal audit program procedures
• Handle other ad-hoc projects as they arise
• Perform monthly reconciliations of trust accounting system on assets held away and other alternative assets
• 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

Benefits

• Hourly position at $24/hour
• Year-round internship opportunity with increased hours during the summer
• Onsite work at Bedford, New Hampshire location

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree