Investment Brokerage Cashier

Truist Bank • Charlotte, NC

26d • Onsite

About The Position

This is an in office position. Location options are: 1001 Semmes Avenue, Richmond, Virginia or 214 North Tryon Street, Charlotte, North Carolina. Responsible for reviewing and approving all incoming and outgoing money movement transactions for brokerage accounts including check disbursements and receipts, Automated Clearing House (ACHs), internal journals and wires. Closely monitor brokerage accounts for suspicious activity and work with the Anti-Money Laundering (AML) department to resolve any issues. Assist with annual client account fees. ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

Requirements

• Bachelor's degree or equivalent education, training and work-related experience
• Provide high-quality client service
• Ability to handle multiple assignments; work under pressure in a fast paced environment
• Attention to detail with emphasis on accuracy and quality
• Strong organizational, verbal and written communication skills
• Demonstrate proficiency in Microsoft Office software products

Nice To Haves

• One (1) year of brokerage industry experience
• FINRA registrations

Responsibilities

• Money movement processing to include the review and approval of all wires, checks, ACH and internal journals for retirement and non-retirement accounts. Review documentation (e.g. transactional forms, legal paperwork) to ensure documentation is in good order.
• Review and approve standing and periodic instructions between brokerage account and bank account.
• Deposit processing to include the review and approval of all deposits made by the front office to ensure checks are in good order. Reconcile/balance all deposits at the end of day. Research and resolve outages.
• Process client deposits to include scanning checks for deposit into the firm's bank account as well as inputting the corresponding deposits to the client's brokerage account.
• Work exception reports to make sure brokerage accounts remain in good standing (e.g. Debit report, IBP Daily report, Uncashed check report). Notify the front office of any discrepancies.
• Monitor brokerage accounts for suspicious activity and work with the AML department to resolve any issues.
• Assist the front office by researching and responding to inquiries and requests for information.
• Remain knowledgeable about rules and regulations related to deposit, check, wire and ACH processing.

Benefits

• All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees