Trust Operations Analyst

TIAA • Boston, MA

3d • $62,300 - $91,300 • Onsite

About The Position

The Trust Accounting Analyst is responsible for daily and monthly processing within Trust Accounting and Portfolio Management Systems. Working under general supervision, the role supports Trading, Reporting, Gift Administration, Pooled Fund Administration, Transitions, and Tax, and requires extensive knowledge of posting transactions into accounting databases.

The position performs account reconciliations and operational controls, handles complex and unusual accounting transactions, and contributes to moderately impactful decisions and projects. It also supports process and workflow improvements and assists with month-end and period-end reporting and client fee deliverables.

Requirements

• At least 2 years of work experience required.
• Experience with investment, trust, or portfolio management systems.
• Strong intermediate to advanced Excel skills.
• Exceptional attention to detail when performing cash and position reconciliations.
• Solid grasp of fundamental accounting principles, financial markets, and basic investment concepts through education and/or experience.
• Exceptional analytical skills to investigate and resolve financial discrepancies and issues.

Nice To Haves

• At least 3 years of work experience preferred.
• University degree preferred.

Responsibilities

• Perform daily and monthly account reconciliations and controls in compliance with internal and external audits.
• Contribute to decisions and projects of diverse scope with moderate organizational impact, such as interface errors, accounting reconciliations, and accounting transactions.
• Execute complex and unusual accounting transactions in appropriate applications and databases.
• Execute business unit operational controls and audit routines in compliance with internal and external audits.
• Assist in testing and implementing initiatives for process and workflow improvements.
• Participate in assigned month-end and period-end tasks, including trust accounting reporting deliverables and client fee calculations and invoices, to support completion by the due date.
• Support Trading, Reporting, Gift Administration, Pooled Fund Administration, Transitions, and Tax.

Benefits

• Superior retirement program.
• Competitive health, wellness, and work-life offerings.
• A comprehensive Total Rewards package supporting physical, emotional, and financial well-being.
• Depending on the role, participation in an incentive program linked to performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level