Job Description
Job Name: Mutual Fund Services
Job Level: Trust Operations Specialist 4 OR 5 depending on experience
Job Duties:
• Mutual Fund Trading – execute and settle mutual fund trades through multiple fund
companies; research trade and out of balance discrepancies; move money between
UB&T and fund companies; work with broker and investment managers on
discrepancies.
• Mutual Fund Servicing – set-up mutual fund assets on the core accounting system,
perform fund exchanges, post income and capital gains transactions.
• Mutual Fund Servicing - reconcile positions on a weekly basis for omnibus mutual
funds.
• Proxy – perform proxy services as needed which includes uploading holders and
researching issues or discrepancies; work with the proxy vendor (Broadridge) and
their software to process ballots.
• Shadow Accounting – post transactions to the trust accounting system (FIS Global
Plus); balance outside statements to the trust accounting system; research
discrepancies.
• Imaging – scan documents into the Joshua Imaging System.
• Federal Reserve – Act as backup for daily balancing and reconciliation of Federal
Reserve incoming and outgoing wires.
Preferred Experience:
- High School Diploma or Equivalent
- Trust or brokerage operations experience
- Knowledge of trust accounting software
Basic understanding of bookkeeping skills, Basic experience in Excel.
Self-motivation, and attention to details working in a fast-paced environment
Ability to communicate (orally and in writing)
Ability to maintain discretion and confidentiality
Ability to work within a team environment
High level of accuracy and timeliness
Maintains knowledge and understanding of internal service standards
Ability to deliver a high level of responsiveness to internal and external clients
Ability to multi-task and organize priorities
Strong aptitude for problem solving
- Professional behavior and appearance