Description
RESPONSIBILITIES
Prepare, post and balance data for more complex account activities on the trust accounting system which may include fees, various income processing, disbursements, deposits, incoming/outgoing wires, asset purchases/sales or receipts/deliveries, reversals/corrections etc.; ensure timeliness of items and complete necessary follow-up as needed
Perform account maintenance including negative confirmation notifications
Provide timely and accurate validation of security trade statements; including cash settlements and accountable for promptly resolving outstanding items
Perform various reconciliations - such as system blotter/Trust DDA, fees, asset positions, vault assets, suspense accounts etc.
Report, track and/or resolve delinquencies related to real estate, liabilities, promissory notes
Process disbursements of account funds to beneficiaries, pension participants and bill payments via workflows including printing/mailing checks, maintain and process ACH payments, reconcile bank entries related to payments
Process incoming and outgoing asset transfers including working with brokers/advisors to transmit asset transfers, follow-up to ensure transfer is completed and posted and maintain cost basis (tax lot accounting); must ensure all assets are timely and accurately received or delivered as requested
Perform timely quality control on new accounts; follow-up on items as appropriate
Manage and research projects and problems as assigned may include working with corporate-wide trust associates, customers, brokers/custodians as well as performing back-up duties
Maintain awareness of and adherence to Bank's compliance requirements and risk management concepts,
expectations, policies and procedures and apply them to daily tasks
Deliver a consistent, high level of service within our Serving More standards
Other duties as assigned
COMPETENCIES
Interpersonal/Customer Service Skills
Written and Verbal Communication
Ability to understand and follow directions
Adaptable to change
Basic Computer Skills
Analytical Thinking
Able to Multi-Task or Juggle Priorities
Problem/Situation Analysis
Technical Expertise
Ability to work as part of a team
SCHEDULE
Typical office hours are Monday through Friday 8am to 5pm. This position is hourly and full time. A minimum 37.5 hours is required to maintain eligibility for full-time status. After initial training, a flexible work arrangement is possible, such as working in office 3 days/week, home 2.
EDUCATION - CERTIFICATIONS - WORK EXPERIENCE
High school diploma or equivalent required
Prior experience in trust, accounting or banking field preferred
2-4 years trust accounting experience a plus
Intermediate knowledge of Microsoft Office products (i.e. Excel) required
Ability to interpret and apply technical instructions preferred
Park National Corporation is an Equal Opportunity Employer. It is the policy of the Bank to hire well-qualified people. An integral part of this policy is to provide equal employment opportunity for all persons for employment. It is also part of our policy to recruit and administer hiring, working conditions, benefits, privileges of employment, compensation, training, appointments for advancement including promotions and transfers, and terminations of employment for all associates without discrimination because of race, color, religion, citizenship, national origin, sex, age, veteran status, or handicap.