Trust Operations Specialist - Distributions Specialist

Columbia Bank•Denver, CO

3d•$23 - $30•Onsite

About The Position

A Trust Operations Specialist performs accounting functions for the Trust department’s administration of trusts, agency accounts, estates, conservatorships, and IRAs. The role posts trust-accounting transactions accurately, follows client instructions, archives transaction documentation, and communicates with clients about the status of their requests. It also supports cashiering for institutional client conversions and deconversions and develops expertise in complex distribution activities under the guidance of senior team members. The position requires compliance with applicable banking regulations, policies, procedures, and training requirements, including maintaining working knowledge of Bank Secrecy Act, Regulation CC, Regulation E, and bank security requirements. The Specialist may also coach or train others, contribute to the Columbia corporate culture, and perform other duties as assigned. This role is fully onsite at 1801 California Street, Suite 800, Denver, Colorado 80202.

Requirements

High school diploma or equivalent certificate required.
Strong PC skills in a Windows environment.
Ability to handle multiple tasks and remain organized.
Excellent organizational, time-management, problem-prevention, and problem-solving skills.
Excellent communication skills.
Ability to work effectively in a team-oriented environment.
Flexibility and willingness to work in a fast-paced, dynamic environment.
Professional judgment aligned with Pacific Premier Bank culture and success attributes.
Developing professional expertise and ability to apply company policies and procedures to resolve a variety of issues.

Nice To Haves

One year of related experience preferred.
Prior financial services experience in a transaction-processing environment preferred.

Responsibilities

Post transactions accurately to the trust accounting system without direction.
Process transactions accurately and according to client instructions.
Archive and note documentation related to cash transactions.
Proactively contact clients by phone to provide updates on requests and promptly address issues or concerns arising from client contact.
Follow procedures related to client contact.
Assist with cashiering activities for institutional client conversions and deconversions under the guidance of senior team members.
Develop an understanding of complex distribution activities, including Roth conversions, alternative asset re-registrations, and plan distributions, under the guidance of senior team members.
Comply with applicable bank regulations and keep up to date on regulatory changes.
Follow Bank policies and procedures, comply with regulations, and complete required annual or job-specific training.
Maintain working knowledge of Bank policies and procedures relating to the Bank Secrecy Act, Regulation CC, Regulation E, bank security, and other applicable regulations.
May coach, mentor, or train others and teach coursework as a subject matter expert.
Demonstrate and foster Columbia’s corporate culture, take personal initiative, and serve as a positive example.
Perform other duties as assigned.

Benefits

Medical, dental, and vision plans for eligible associates.
401(k) retirement savings plan with employer match for qualifying associate contributions.
Employee assistance program.
Life insurance and disability insurance.
Tuition assistance.
Mental health resources.
Identity theft protection.
Legal support.
Auto and home insurance.
Pet insurance.
Access to an online discount marketplace.
Paid vacation, sick days, volunteer days, and holidays.
Potential performance-based incentive compensation.