Trust Operations Analyst

TIAA•Boston, MA

1d•Onsite

About The Position

The Trust Accounting Analyst role is responsible for daily and monthly processing within the Trust Accounting and Portfolio Management Systems. Working under general supervision, this position supports all other business units including Trading, Reporting, Gift Administration, Pooled Fund Administration, Transitions, and Tax. This job has extensive knowledge on posting transactions into the accounting databases.

Requirements

Experience with investment/trust/portfolio management systems and strong intermediate to advanced Excel skills.
Exceptional attention to detail in performing cash and position reconciliations with accuracy.
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

Accounting Standards
Adaptability
Automation
Business Process Improvement
Collaboration
Compliance
Data Analysis
Data Entry/Validation
Innovation
Prioritizes Effectively
Technology Systems
Transaction Processing

Responsibilities

Performs daily and monthly account reconciliations and controls in compliance with internal and external audits.
Contributes to decisions and projects of diverse scope that have a moderate impact to the organization (i.e. interface errors, accounting reconciliations, and accounting transactions).
Executes complex and unusual accounting transactions in appropriate applications and databases.
Executes business unit's operational controls and audit routines in compliance with internal and external audits.
Assists in the testing and implementation of new initiatives for process/workflow improvements.
Participates in month-end and period-end tasks (such as trust accounting reporting deliverables and client fee calculations/invoices) assigned to support their completion by due date.