Trust Operations Specialist I

Bank OZK•Little Rock, AR

About The Position

Provides Trust system processing support to customer accounts for the Trust and Wealth Division related to cash and income accounting and securities transactions to include recording (data entry), balancing, reconciling, and reporting all such transactions.

Requirements

High school diploma or equivalent, required.
1+ year work experience with computers including Microsoft Word and Excel, required.
Knowledge of general financial principles.
Knowledge of basic securities industry transaction flow.
Ability to communicate effectively both verbally and in writing.
Ability to manage multiple tasks with exacting deadlines in a fast-paced environment.
Ability to demonstrate initiative to accomplish work objectives.
Ability to work effectively and demonstrate flexibility in a continually changing environment.
Ability to work without close supervision.
Ability to demonstrate effective organization, critical thinking, analytical and problem-solving skills.
Ability to maintain confidentiality.
Ability to work extended hours.
Ability to maintain attention to detail.
Ability to demonstrate effective time management skills.
Ability to work effectively in a team environment.
Skill in using computer and Microsoft Office, including Outlook, Word, Excel, and PowerPoint.
This position may require access to certain confidential information and areas of the Bank. Successful completion of a post-offer enhanced criminal background screening including fingerprinting is required.

Nice To Haves

1+ year prior administrative/office experience, preferred.
6+ months experience in a financial/accounting work environment, preferred.
Trust and Wealth experience, preferred.
Experience working in Trust-Desk, preferred.

Responsibilities

Provides Trust system processing support for all income or maturity accounting and securities transactions conducted for customer accounts of the Trust and Wealth Division.
Records Trust accounting transactions ensuring daily deadlines are met.
Prepares reports for REG D, Mid-day cash balances, and Cost Basis Beneficiaries.
Reconciles each day's Trust accounting activity (Cash, Demand Note, Suspense, and Broker accounts) to Bank records.
Processes stop payments requests, On Demand checks, Overnight checks, and Positive Pay file uploads.
Provides administrative support for OFAC Verifications, Pledge/ Restriction processing, and Promissory Note payment posting.
Maintains and updates market value for certain assets classes and shadow postings.
Provides backup and cross-team support to other specialists or other functions within the Trust and Wealth Division, as needed.
Researches and resolves accounting and/or processing errors and exceptions.
Maintains good punctuality and attendance to work.
Follows Bank policy, procedures, and guidelines