Senior Specialist- Receipts & Distributions (Mutual Funds)

Mutual Funds Receipts & Distributions Senior Specialist

The Mutual Funds Receipts & Distributions Senior Specialist helps manage the movement of mutual fund investments in, out, and between accounts at Key Bank. These accounts are part of Key Private Bank and Investment Advisory services.

This job includes :

• Receiving mutual fund assets : Take action when new accounts are opened, making sure Mutual Fund assets are accurately receipted into trust accounts.
• Sending out mutual fund assets : Take action to send out Mutual Fund assets to contra firms and update the account records accordingly.
• Handling transfers between accounts : Take action to move Mutual Fund assets between trust accounts.
• Tracking and adjusting investment details : Ensure transactions and cost basis are recorded accurately for tax purposes.
• Communicating with other teams : Work closely with other operational teams and Line of Business partners on the status of incoming, outgoing, and internal transfers.

You will need to have or develop an understanding of how mutual funds work and follow instructions from trust officers and analysts to make sure everything is done correctly and on time.

Primary job functions include :

Required qualifications include :

Preferred qualifications include :

Compensation and benefits : This position is eligible to earn a base hourly rate in the range of $21 to $23.50 per hour depending on location and job-related factors such as level of experience.

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.