Trust Operations Administrator

Wintrust•Chicago, IL

1d•Onsite

About The Position

Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business owners, and institutions. Since our founding in 1931, we have been helping clients meet their increasingly complex financial goals with the highest standards of service and integrity. Through our four companies, Wintrust Investments LLC, Wintrust Private Trust., Great Lakes Advisors LLC, and The Chicago Deferred Exchange Company LLC, we offer comprehensive wealth management solutions, including investment, trust, and asset management services. Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $66 billion in assets. As a Trust Operations Administrator, you would be responsible for special projects and daily tasks related to trust operations functions by providing operational support to the Trust Administration and Investments Departments and their clients.

Requirements

5 years of experience in the related area of banking, bookkeeping, and or investment security experience preferred as an individual contributor
General knowledge of legal requirements related to bookkeeping practices and/or investment security
Attention to detail
Strong written and verbal communication skills
Self-motivation
Self-management
Ability to consistently follow through on tasks
Problem-solving
Organizational and analytical skills
Interpersonal skills
Time management skills
Strong ability to multi-task

Responsibilities

Ensure transactions are balanced and documented according to policies and procedures
Oversee the input and maintenance of data in accounting systems and report generation
Coordinates the processing of dividends and disbursements
Ensures that project/department milestones/goals are met and adhering to approved budgets
Daily processing of transactions associated with client accounts including, but not limited to wires, ACH, security transactions, income transactions, fee processing, and cash sweep
Account closings – coordinate delivery of assets
Mutual Funds – coordinate incoming and outgoing transfers
Update cost and Date of Death values
Set up users for online access
Retirement Distribution processing
Verify and collect trust fees and court fees. Prepare fee invoices as needed
Process all incoming and outgoing customer transfers
Post CD interest, purchases, and redemptions
Trade settlement – all aspects
Tax processing
Client statement reconciliation and processing
Generate various reports for auditors and examiners
Create and write new procedures/processes as needed