Trust Securities Operations Specialist

Columbia Bank•Denver, CO

1d•Onsite

About The Position

The Trust Securities Operations Specialist designs and completes tasks and projects related to the Trust Department, implementing assignments in accordance with departmental goals, objectives, and policies. The Specialist III can perform all Specialist II tasks and is familiar with all aspects of trade orders, trade placement, and trade settlement. The role prepares outgoing wires for trade settlement, coordinates incoming and outgoing asset transfers, and provides expertise on booking assets to the system, including tax lots and cost basis. It also assists with tax form preparation, payment of taxes due, and scheduling and payment of estimated tax payments. The position communicates verbally and in writing to support satisfactory project completion, provides in-house expertise on projects, and acts as a liaison between Trust Management Services and CTC on trading and asset transfers. It maintains compliance with applicable bank regulations, policies, procedures, and training requirements, and keeps current with regulatory changes. The specialist may coach, mentor, or train others and teach coursework as a subject matter expert. The role is fully onsite at 1801 California Street, Suite 800, Denver, Colorado 80202. Travel is seldom required.

Requirements

High school diploma or GED preferred.
Related field of study preferred.
At least 5 years of related experience required.
Thorough understanding of departmental professional and business goals and how they contribute to the bank’s business objectives.
Effective written and verbal communication and presentation skills.
Demonstrated effective time and project management skills.
Strong working knowledge of word processing and spreadsheet software, including Microsoft Word and Excel.
Ability to work effectively in a team environment and complete assignments under minimal supervision and tight deadlines.
Well-developed analytical and critical reasoning skills.

Responsibilities

Design and complete tasks and projects related to the Trust Department in accordance with departmental goals, objectives, and policies.
Perform all Specialist II tasks and handle all aspects of trade orders, trade placement, and trade settlement.
Prepare outgoing wires for trade settlement.
Communicate in writing and verbally to ensure satisfactory completion or implementation of projects.
Provide in-house expertise related to projects.
Serve as liaison between Trust Management Services and CTC on trading and asset transfers.
Coordinate incoming and outgoing transfers of stocks, bonds, and mutual funds.
Ensure assets are booked properly to the system, including tax lots and cost basis.
Assist with tax form preparation and payment of taxes due, including scheduling and payment of estimated tax payments.
Comply with applicable bank regulations, policies, procedures, and required training; maintain knowledge of relevant regulations and regulatory changes.
Maintain working knowledge of Bank policies and procedures regarding 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
401(k) retirement savings plan with employer match for qualifying associate contributions
Employee assistance program
Life insurance
Disability insurance
Tuition assistance
Mental health resources
Identity theft protection
Legal support
Auto and home insurance
Pet insurance
Online discount marketplace
Paid vacation
Paid sick days
Paid volunteer days
Paid holidays
Performance-based incentive compensation may be available