Investment Operations Reconciliation Specialist
Trust Sourcing Solutions, LLC•Overland Park, KS
•Onsite
About The Position
The Reconciliation Specialist is a member of the Technology and Reconciliation team which is responsible for the accurate daily reconciling of cash, money markets, client DDA’s and custodial positions within the trust accounting platform while providing superior customer service to our clients through effective operational system support.
Requirements
- 2-3 years of trust accounting principals and the securities industry
- Strong attention to detail with excellent analytical and accurate data entry skills
- Ability to effectively communicate with a diverse client base of financial professionals
- Ability to prioritize and handle multiple tasks
- Ability to work in a high-volume situation with time constraints with minimal supervision
- Bachelor’s degree in Business, Accounting, Finance or equivalent experience
Responsibilities
- Prepare and reconcile the cash balances for 3 banking relationships with uninvested cash on trust accounting platform
- Prepare and reconcile positions on trust accounting platform against money market holdings
- Prepare and reconcile positions on trust accounting platform against 2 custodian holdings
- Prepare and reconcile positions on trust accounting platform against mutual fund holdings
- Perform daily bank reconciliations to be provided to our clients
- Create and distribute reports for audit packages
- Prepare client custodial reconciliation letters
- Track and report custodial fee revenue for clients
- Create, update, ongoing review and testing of procedures and daily checklists
- Cross train and maintain working knowledge of the procedures to provide effective backups during peer absences
- Offers exceptional client service by providing timely analysis, research and resolution to client or CSR inquiries and issue resolution
- Provides a timely response to client or staff inquiries or issues
- Participates in special projects and performs other duties as assigned
- Tests custom and release software enhancements related to job duties
- Participate in both internal and external disaster recovery tests
- Responsible to keep manager informed of issues impacting team
- Maintain effective working relationships by handling peer and management interactions in a positive and cooperative manner
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
