Trust Operations Specialist I

Oregon Pacific Bank•Medford, OR

33d

About The Position

Trust Operations is responsible for the accounting functions undertaken by the Trust Department in its administration of trusts, agency accounts, estates, conservatorships, and IRAs. Trust Operations personnel work with various trust staff in the management of accounts. The main job duties of the Trust Operations Specialist I involve posting and reviewing transactions on the trust accounting system for accurate tax reporting.

Requirements

High school Graduate or GED
One year of background in accounting or banking preferred
Self-motivated team player
Ability to concentrate and focus on essential functions in appropriate priority order.
Ability to successfully navigate changes in departmental systems and software
Ability to adapt to changes in policies and procedures
Willingness to assume additional responsibilities as requested
Competency in Word, Excel, Outlook and the ability to learn accounting systems and data bases
Strong customer service skills
Ability to communicate professionally both orally and in writing
Ability to maintain strict confidentiality on all sensitive issues
Organized and detail oriented
Analytical and problem-solving skills
Ability to handle stressful situations in a professional manner with tact and diplomacy
Ability to understand tax, trust, agency and probate terms and documentations
Competency in basic mathematical skills
Ability to accurately type up to 30 words per minute or better

Responsibilities

Balance money market and cash accounts daily
Promptly communicate with trust administrative staff and portfolio manager
Evaluate pending activity and calculate daily settlement with outside vendor
Data entry and approval of accounts payable and accounts receivable transactions
Review of pending trades for cash availability and accuracy
Review and process market value updates for unique assets
Review, edit and process fee transactions and respective GL transfers
Set up, maintain, and charge off trust assets.
Be knowledgeable of bank compliance rules and adhere to all Bank, Federal and State banking policies, procedures and regulations relating to this position.
Other duties and special projects as assigned