Company Overview
Wilmington Trust
Wilmington Trust is a century-strong client service company that provides customized financial alternatives in wealth advisory, corporate client, and regional banking services. As one of the most respected independent financial services organizations in the United States, we are known for the quality of our people and our services and for our commitment to offering a unique approach to each client's financial situation.
Wilmington Trust is among the country's largest personal trust providers and its most esteemed wealth managers. We are a major bank offering consumer and commercial banking services in the mid-Atlantic region, and we are an industry leader in providing corporate trustee and special purpose (SP) services to financially sophisticated enterprises around the globe. Our staff of nearly 2,500 worldwide supports clients on six continents, in all 50 states and in 59 foreign countries.
Job Overview
| Company: |
Wilmington Trust |
| Location: |
 US-DE-Wilmington
Loading Map...
|
| Base Pay: |
N/A |
| Employee Type: |
Full-Time |
| Industry: |
Banking - Financial Services |
| Manages Others: |
Not Specified |
| Job Type: |
Accounting
Banking
Finance |
| Req'd Education: |
4 Year Degree |
| Req'd Experience: |
Up to 5 year(s) |
| Req'd Travel: |
Not Specified |
| Relocation Covered: |
Not Specified |
| |
|
|
| Contact: |
Not Available |
| Phone: |
Not Available |
| Email: |
Send Email Now |
| Fax: |
Not Available |
| |
|
| Ref ID: |
09-0246 |
Job Description
Description:- Performs all accounting tasks and analysis for the OTTI (Other Than Temporarily Impaired) portfolio.
- Establishes monthly documentation for deferred interest payments and completing the quarterly amortization schedules for interest income and OCI (Other Comprehensive Income).
- Prepares analytical models as needed and is able to interpret the data and explain to others.
- Understands and stays current on all the existing and new accounting rules associated with the investments in the portfolio. Maintains knowledge of investments and investment system and stays abreast of all changes relating to the investments portfolio including the OTTI process.
- Provides explanation to internal/external auditors and other staff members as needed.
- Performs ad hoc analysis and special projects as needed, and assists other Bank Portfolio Operations analysts in completing daily trade activity and input into investment system.
Job Requirements
Requirements:- Bachelor's Degree in Accounting. CPA preferred.
- Three to five years of work experience (preferably with Bank investment portfolios at a financial institution).
- Proficient in Excel and Word or similar applications and accustomed to working with automated systems in a client server environment.
- Have the ability to gather and analyze financial information.
- Possess an in-depth knowledge of accounting for security investments.
- Must be a self starter and have attention to detail.
- Must be able to understand and interpret financial data affecting Bank portfolio investments.
For your privacy and protection, when applying to a job online:
Never give your social security number to a prospective employer, provide credit card or
bank account information, or perform any sort of monetary transaction.
Learn more >>