at Foley & Lardner LLP in Detroit, Michigan, United States
Job Description
Analyst, Trust Operations
US-WI-Milwaukee
ID
2024-3114
Category
Legal
Type
Regular Full-Time
FLSA Status
Non-Exempt
Scheduled Hours
40
Workplace
Hybrid
Overview
Foley & Lardner LLP's Milwaukee office is currently seeking a Trust Operations Analyst to join our Trust Accounting team! The right candidate is responsible for the accuracy of client accounts and year-end tax information. This may include processing security transactions, including complex corporate actions; miscellaneous receipts and disbursements; non-financial data; and performing cash, security and tax reconciliations.
Responsibilities
Process security activity including, but not limited to, buys, sells, mergers, spin-offs, stock splits, name changes, tax lot adjustments, etc.
Process dividend, interest and capital gain distributions.
Invest/divest money market funds daily, ensuring client accounts are not overdrawn.
Process non-financial data on the trust accounting system including, but not limited to, new account, security and interested party set-up and maintenance.
Set-up new account beneficiary information on the tax system
Distribute accurate client accounting statements and other reports timely, maintaining records of distribution recipients and dates.
Other duties as assigned
Qualifications
High School Diploma/GED with a minimum of two (2) years of trust accounting or administration experience required or Bachelors' Degree in Business, Accounting, or a related field
Basic knowledge of Microsoft Office Suite
Basic understanding of regulatory and accounting principles, trust accounting and security processing preferred
Previous experience in trust accounting and/or with trust accounting software preferred
Foley offers a comprehensive benefit program which currently includes Paid Time Off; Paid Holidays; Medical, Dental and Vision insurance; 401(k) Retirement; Disability and Life insurance; Adoption Assistance; Backup Care for Dependents.
Foley & Lardner LLP is a top ranked law firm with offices throughout the United States and abroad. At Foley we strive to remain true to our core values- our clients, integrity, our people, citizenship, diversity, trust & respect, stewardship & accountability and professional satisfaction. As a result, we offer the highest quality legal counsel to our clients, as well as outstanding professional opportunities for our employees.
Foley employees enjoy a comfortable, yet professional work environment, exceptional benefit package, state-of-the-art technology, work/life balance, great working relationships and much more.
We invite you to consider a career with Foley.
Affirmative Action/Equal Opportunity Employer/M/F/Vet/Disabled.
