at Wintrust Financial Corporation in Chicago, Illinois, United States
Job Description
Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business owners, and institutions. Since our founding in 1931, we have been helping clients meet their increasingly complex financial goals with the highest standards of service and integrity. Through our four companies, Wintrust Investments LLC, The Chicago Trust Company N.A., Great Lakes Advisors LLC, and The Chicago Deferred Exchange Company LLC, we offer comprehensive wealth management solutions, including investment, trust, and asset management services. Wintrust Wealth Management is a division of Wintrust, a financial services company with more than $50 billion in assets.
Why join us?
- An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)
- Competitive pay and discretionary or incentive bonus eligible
- Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
- Family-friendly work hours
- With 175+ community bank locations, we offer opportunities to grow and develop in your career
- Promote from within culture
Why join this team?
- We have a culture that encourages an entrepreneurial spirit
- We offer multiple opportunities for development and upward mobility
Job Description Summary
As a Trust Operations Administrator, you would be responsible for special projects and daily tasks related to trust operations functions by providing operational support to the Trust Administration and Investments Departments and their clients.
What Youll Do
- Ensures transactions are balanced and documented according to policies and procedures.
- Oversees the input and maintenance of data in accounting systems and report generation.
- Coordinates the processing of dividends and disbursements.
- Ensures that project/department milestones/goals are met and adhering to approved budgets.
- Extensive knowledge of the function and department processes
- Daily processing of transactions associated with client accounts including, but not limited to wires, ACH, security transactions, income transactions, fee processing, and cash sweep.
- Account closings coordinate delivery of assets.
- Mutual Funds coordinate incoming and outgoing transfers.
- Update cost and Date of Death values.
- Set up users for online access.
- Retirement Distribution processing
- Verify and collect trust fees and court fees. Prepare fee invoices as needed.
- Process all incoming and outgoing customer transfers.
- Post CD interest, purchases, and redemptions.
- Trade settlement all aspects.
- Tax processing.
- Client statement reconciliation and processing.
- Generate various reports for auditors and examiners.
- Create and write new procedures/processes as needed.
Knowledge/Skills/Background/Experience
- 5 years of experience in the related area of banking, bookkeeping, and or investment security experience preferred as an individual contributor.
- General knowledge of legal requirements related to bookkeeping practices and/or investment security.
- Attention to detail
- Strong written and verbal communication skills
- Self-motivation
- Self-management
- Ability to consistently...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
