Wealth Management Income Clerk

Job Description

Job Description

Description : Department : Trust

Job Status : Full Time

FLSA Status : Non-Exempt

Reports To : Operations Officer

Amount of Travel Required : None

Job Type : Regular

Positions Supervised : None

Work Schedule :

Monday thru Friday 8 : 00 a.m. to 5 : 00 p.m. (or 39 hours per week)

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POSITION SUMMARY

Processes income to trust accounts in Trust Department, processes fees, and prepares multiple monthly reports. Also processes Cash Management including daily trading and balancing.

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ESSENTIAL FUNCTIONS

Reasonable Accommodations Statement

To accomplish this job successfully, an individual must be able to perform, with or without reasonable accommodation, each essential function satisfactorily. Reasonable accommodations may be made to help enable qualified individuals with disabilities to perform the essential functions.

Essential Functions Statement(s)

• Responsible for Cash Management function (Daily balancing, posting / balancing of accruals, daily trading and posting Demand Note Interest (DNI) maps of interest payments monthly).
• Verify and post Queue entries and process associated monies.
• Process relevant deposits to Direct Deposit accounts posting to Trust system and preparing related monies.
• Balance Broker account statements to Trust system and run related entries (Shadow Accounting).
• Process Other Income via Receipt Blocks on Trust system.
• Responsible for Fee Processing (reviewing all fee worksheets, distributing fee worksheets to officers, making changes and posting fees on system, and preparing invoices).
• Additional back up for the Disbursement / Balancing desk.
• Prepare monthly reports (Fee Report, Trust Report, and Pledged Cash Report and respective supporting reports)

POSITION QUALIFICATIONS

Competency Statement(s)

SKILLS & ABILITIES

Education : High School Graduate or General Education Degree (GED)

One-year certificate from college or technical school; or three to six months related work experience and / or training; or equivalent combination of education and experience.

Experience : Three to six months work related experience.

Computer Skills : Knowledge of Experience, basic knowledge of Excel and Word.

Other Requirements : Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations. Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.

PHYSICAL DEMANDS

N (Not Applicable) Activity is not applicable to this position.

O (Occasionally) Position requires this activity up to 33% of the time (0 - 2.5+ hrs / day)

F (Frequently) Position requires this activity from 33% - 66% of the time (2.5 - 5.5+ hrs / day)

C (Constantly) Position requires this activity more than 66% of the time (5.5+ hrs / day)

Physical Demands Lift / Carry

Stand F

Walk F

Sit F

Manually Manipulate F

Reach Outward F

Reach Above Shoulder O

Climb O

Crawl O

Squat or Kneel O

Bend O

Grasp F

Speak F

11-20 lbs N

21-50 lbs N

51-100 lbs N

Over 100 lbs N

Push / Pull

12 lbs or less O

13-25 lbs N

26-40 lbs N

41-100 lbs N

Other Physical Requirements

WORK ENVIRONMENT

An office environment in a controlled atmosphere building.

Requirements : SKILLS & ABILITIES

Education : High School Graduate or General Education Degree (GED)

One-year certificate from college or technical school; or three to six months related work experience and / or training; or equivalent combination of education and experience.

Experience : Three to six months work related experience.

Computer Skills : Knowledge of Experience, basic knowledge of Excel and Word.