Trust Operations Assistant

First Western Bank & Trust•Minot, ND

2d•Onsite

About The Position

Assist the Vice President - Trust Operations with trust operations functions to ensure quality service for First Western Bank & Trust’s various trust accounts in addition to maintaining trust records and portfolio integrity standards.

Requirements

2 years’ experience in banking, benefit processing or office administration
Skilled in Microsoft Office (Publisher, Power Point, Word, Excel, Outlook), and social media platforms.
Excellent written and verbal communication skills to clearly convey information to diverse audiences.
Able to complete assigned work thoroughly and accurately.
Can communicate and interact with others in a way that promotes mutual respect and trust.
Skilled in identifying and resolving complex problems using analytical and critical thinking skills.
Able to locate and gather accurate information from various credible sources.
Proven ability to work collaboratively in a team environment to achieve common goals.
Highly organized and efficient, with a proven ability to manage multiple projects and meet deadlines.
Open to new ideas, seeks opportunities to expand knowledge and skills, actively participates in training programs, and seeks feedback to enhance performance.

Nice To Haves

Associate’s degree in business or finance related field preferred
Knowledge of retirement plan regulations and terminology preferred
Knowledge of investments and accounting principles preferred

Responsibilities

Answer incoming phone calls for the Trust Department and route appropriately
Daily entry of dividends and interest, asset maturities, asset purchases/sales, contributions and distributions
Daily entry of non-401(k) mutual fund sales and purchases
Complete wire transfers and daily ACH transactions
Generate daily reports
Prepare beneficiary and expense checks
Prepare monthly rental and plan loan reports
Establish customer access to Infovisa Client Portal
End of day balancing
Intermediate custodial safekeeping relationship as well as income collection, purchases and sales
Ensure compliance with banking laws, regulations and the Bank’s policies and procedures, including Bank Secrecy Act
Maintain continuing education related to regulatory standards