Trust Operations Specialist II

Bank OZK

Little Rock, Arkansas

JOB DETAILS
JOB TYPE
Full-time
SKILLS
Accounting, Accreditation Council for Accountancy and Taxation (ACAT), Analysis Skills, Banking Services, Bookkeeping, Communication Skills, Computer Skills, Customer Support/Service, Data Entry, Detail Oriented, Finance, Financial Services, Insurance, International Tax, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Multitasking, Problem Solving Skills, Reconciliation, Securities, Small Business, Team Player, Technical Delivery, Time Management
LOCATION
Little Rock, Arkansas
POSTED
4 days ago
Why Bank OZK?:

Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We’re nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We’re investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.

 

The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits.

 

Job Purpose & Scope:

Provides Trust system processing support to customer accounts for the Trust and Wealth Division related to account administration and security transfers to include recording (data entry), balancing, reconciling, and reporting all such transactions.

 

Essential Job Functions:
  1. Provides Trust system processing support for all cusip research and setup as requested by the Investment, Administrative, PHI and Operations departments.

  2. Reconciles ex-date mutual fund positions and Held-Away positions daily.

  3. Processes and monitors ACAT and NON ACAT free asset activity movement.

  4. Processes Trust dual control vault security movement activity.

  5. Updates manual security pricing and Held-Aways postings.

  6. Processes OFAC requests upon submission.

  7. Processes FIS Corporate Actions, Foreign Tax Elections, and Class Action Payments.

  8. Performs special research and projects upon request.

  9. Provides backup and cross-team support to other specialists or other functions within the Operations department of the Trust and Wealth Division, as needed.

  10. Maintains good punctuality and attendance to work.

  11. Follows Bank policy, procedures, and guidelines.

 

Knowledge, Skills & Abilities:
  1. Knowledge of general financial principles.

  2. Knowledge of securities industry transaction flow.

  3. Ability to communicate effectively both verbally and in writing.

  4. Ability to manage multiple tasks with exacting deadlines in a fast-paced environment.

  5. Ability to demonstrate initiative to accomplish work objectives.

  6. Ability to work effectively and demonstrate flexibility in a continually changing environment.

  7. Ability to work without close supervision.

  8. Ability to demonstrate effective organization, critical thinking, analytical and problem-solving skills.

  9. Ability to maintain confidentiality.

  10. Ability to work extended hours.

  11. Ability to maintain attention to detail.

  12. Ability to demonstrate effective time management skills.

  13. Ability to work effectively in a team environment.

  14. Skill in using computer and Microsoft Office, including Outlook, Word, Excel, and PowerPoint.

 

Basic Qualifications:
  1. High school diploma or equivalent, required. 
  2. 1+ year of work experience in a financial/accounting work environment, required.

  3. 1+ year of work experience in a Trust and Wealth Management business, required. 

  4. This position may require access to certain confidential information and areas of the Bank. Successful completion of a post-offer enhanced criminal background screening including fingerprinting is required.
  5. 1+ year of work experience with computers including Microsoft Word and Excel, required.

Preferred Qualifications:

  1. Associate degree, preferably in trust or business-related fields, or commensurate work experience, preferred. 
  2. Experience working in Trust-Desk, preferred. 

     

Job Expectations:

Operate customary equipment and technology used in a business environment, with or without accommodation.

 

Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required.  Other job functions, duties, skills, and standards may be added.  Management reserves the right to add or change the job requirements at any time.

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EEO Statement:

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.

About the Company

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Bank OZK