Trust Operations Specialist I​/II — Growth & Benefits

Overview

ANB Bank has financial strength embodied in $3 billion in assets and is a true community bank with an unwavering commitment to excellence. The bank helps each of its communities prosper through investment, sponsorship, philanthropy, and employee volunteerism. It is a passion ANB has for banking that makes the difference.

ANB Bank hires individuals who provide excellent customer service and build meaningful relationships with our customers and within our communities. ANB is committed to rewarding our team members who strengthen our company and culture. ANB offers competitive compensation and a comprehensive benefits package for this position.

Hiring Pay Ranges: $20.25 - $30.00 per hour (Includes $1.00 per hour Cost of Living Adjustment)

• Trust Operations Assistant I - $20.25 - $27.50 per hour
• Trust Operations Assistant II - $22.25 - $30.00 per hour
  • This position may be eligible to receive an additional $1.00 per hour if approved for the Spanish Communication Assistant Program.
  • The hiring pay range for this position is commensurate with the level of relevant experience and education.

Health & Wellness Benefits (Subject to Eligibility Requirements)

• Minimum 4 Weeks of Paid Time Off (PTO)
• 11 Paid Holidays
• Medical, Dental, and Vision Insurance
• Health Savings (HSA), Flexible Spending (FSA), and dependent care spending accounts
• Company provided Life, AD&D, and Disability Insurance with supplementation options
• 401(k) plan with discretionary company match and profit sharing
• Discretionary annual bonus and employee referral incentives
• Employee Assistance Program (EAP)
• Tuition Reimbursement Program

• Provide operational support for the ANB Financial Services investment and trust administrative team. Day to day trust operations responsibilities includes daily posting and other related operational functions on the trust accounting system. Assist ANB Financial Services President with projects as required.

• Daily posting of transactions on trust accounting system for trust administrative team.
• Transaction maintenance – Asset Pricing, Cost Basis Adjustments, Reversals, Return of capital.
• Pend trades for RSVP – Colorado Springs outside money manager.
• Asset transfer process (Receipt/Delivery) for incoming and outgoing assets of record and reconciliation.
• Compliance Reporting
  - Account Reviews, Fee Concessions, Investment Objective documents for committee meetings and notices to officers of ANB FS accounts.
• Autocom Money Movement.
• P&I Accounting – Work closely with ANB Bank accounting department on FED and DTC held assets.
• Monitor failed trade reports or trades exception issues.
• Corporate Actions Processing.
• Class Actions Processing.
• Daily Net Settlement Wire process.
• PDPA – Reporting and pledging of assets.
• Weekly review of pricing report of assets.
• Date of Death Valuation – Use Estate Valuation software.
• Set up Special Assets.
• Pledging of Assets – Maintenance and Set Up.
• Proxy reporting.
• Review asset pricing reports for municipal bonds prior to statement generation.
• Establish, set Up contact records for client access to online statement portal.
• Vault – Inventory Deposit of documents and Temporary Safekeeping locations.
• Assist with audits of original documents and safekeeping assets held in vault and offsite locations.
• Work with external offsite storage vendors – Maintenance of offsite storage documents.
• Review local newspaper for obituary notices.
• Account Closing – Process all files ready for scanning and or delivery to offsite storage.
• Weekly review of new asset set up for further description updates.
• Fee Reporting
  - Prepare fee reports for ANB FS President and committee meetings.
• DORA monthly reporting for PDPA accounts.
• Account Review – Maintain department database within trust accounting system platform.
• Manages and updates all forms for department.
• Ability to multi-task and prioritize daily tasks efficiently as well as manage ongoing projects.
• Maintains a current knowledge and consistent compliance with Bank Secrecy Act (BSA) requirements, as well as knowledge and consistent compliance with other banking regulations and Bank policies and procedures.
• Deliver high quality of service as defined by…