Trust Operations Analyst

Description

Please Note:

This is an in-office position that is located in Springfield, Illinois.

At INB, your career is more than a job; it’s a chance to make a difference. As a locally owned, community-focused bank, we help individuals and businesses reach their financial goals through personalized service and trusted relationships. Our team is built on care, creativity, teamwork, balance, smart work, and enthusiasm. Join us and be part of a purpose-driven culture that makes a positive impact every day.

Please Note:

This is an in-office position that is located in Springfield, Illinois.

At INB, your career is more than a job; it’s a chance to make a difference. As a locally owned, community-focused bank, we help individuals and businesses reach their financial goals through personalized service and trusted relationships. Our team is built on care, creativity, teamwork, balance, smart work, and enthusiasm. Join us and be part of a purpose-driven culture that makes a positive impact every day.

INB, N.A. is seeking a highly organized, detail-oriented, and proactive Trust Operations Analyst to support the efficient administration of trust operations. Reporting directly to the Trust Operations Manager, this individual will be responsible for performing a variety of administrative and operational tasks in accordance with the bank’s Trust Policy, internal procedures manual, and applicable OCC regulations.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily as well as other duties that are assigned. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Run and distribute daily/monthly reports from various systems.
• Perform various daily/monthly reconciliations.
• Coordinate monthly reporting for the Trust Investment Committee by preparing an agenda, taking minutes, and gathering reports and other data required to comply with OCC and trust policy.
• Prepare input to be entered into the trust accounting system, such as but not limited to new account set-up, closed accounts, batch posting to accounts, check requests, bill paying, processing requests for distribution, wire transfers, ACH Processing, and statement rendering and other types of file maintenance.
• Process ACH CD, Federal Reserve interest payments, and Fidelity Mutual Fund Dividends by comparing Fed, ACH, and Fidelity reports to the trust accounting system to release for posting.
• At the direction of the Operations Manager and Trust Officer/Administrators, enter buys and sells to the Trust Accounting system and various other platforms.
• Order supplies, sort and distribute mail, scan bills/invoices, and other documents to the client’s electronic file.
• Provide support to trust officers/administrators. Cross-train and provide back-up in all areas of trust operations.
• Other duties as assigned.

This job has no supervisory responsibilities.

High School degree or equivalent required. Two years of administrative and/or operations background in trust preferred but not required.

Requires ability to communicate effectively and clearly (both written and verbal);
Ability to read, write, and comprehend simple instructions, short correspondence, and memos.

Requires ability to perform basic mathematical calculations; add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to…