First Bank, Upper Michigan · 19 hours ago
Trust Operations Associate
Escanaba,MI,US
Full-time
Onsite
New Grad, Entry LevelFirst Bank, Upper Michigan is seeking a Trust Operations Associate to support their Trust & Investment Management Group staff and customers. The role involves account management, administrative duties, and assisting with financial operations.
BankingFinanceFinancial Services
Responsibilities
Providing support for Trust & Investment Management Group Staff and customers
Open and close accounts on Charlotte system; updates to account set-up as needed
Complete Account Opening Checklist, prepare forms and account file folders
Complete Death of Grantor and Account Closing Checklists; perform estate settlement tasks and completes account closing process, file insurance claims
Complete and submit transfer paperwork to other brokerage companies/financial institutions for new clients
Serve as back-up person for BNY settlement
Post manual closing and estate settlement fees for Escanaba accounts
Print Administrator Fee reports
Set-up clients for PAL access and assist clients with sign-on issues
Assists with preparing IRA distribution forms
Assist with printing monthly, quarterly and annual statements
Assist with preparation of new account packets, RFP packets for new proposals, and quarterly/semi-annual board meeting packets for foundation and non-profit accounts
Act as back-up for printing checks, processing wire transfers, depositing checks
Performs general administrative duties in the area of mail, answering phone calls, correspondence filing and scanning
Other duties as assigned
Qualification
Required
Bachelor's degree in Business, Finance, or a related field, preferred
Excellent interpersonal, organizational, and decision-making abilities
Demonstrates professionalism and maintains strict confidentiality at all times
Proven clerical experience with strong typing skills and proficiency in Microsoft Office applications
Prior experience in a financial institution is an asset
Company
First Bank, Upper Michigan
First Bank is committed to providing quality customer service, which is reflected in its employee team.
Founded in 1916
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase