November 15, 2024

Community First Trust

Hot Springs

Trust Operations Clerk

Trust Operations Group is responsible for the overall coordination of daily operations for the Trust Company. The Trust Operations Associates implement and maintain operational controls for the Trust Department with a focus on transactional reviews, account and asset reconciliations, record keeping, and tax and portfolio accounting functions. The position requires a strong orientation towards operational efficiency, productivity, internal controls, compliance and process improvement. The Trust Operations Associates may be called upon to support the Trust Administrative Officer in the delivery of a variety of Trust administrative services.

Essential Job Functions:

Reconciliation of Corporate Accounts daily.

Posting of Daily Transactions

Money movement including printing client checks, preparing ACH transfers and wire transfers.

Prepares correspondence and reports as needed.

May assist Trust Administrators with client accounts including fund transfers, the addition of assets to accounts, closing accounts, and other functions as requested by Management.

Other Functions:

Accurately prepares trust accounting entries, receipts, and other documents.

Reviews transactions and makes adjustments as necessary.

Monitors account activity and consults with Officers.

Filing, copying, scanning, research and other tasks that may be required.

Participates in the sorting and delivery of client statements.

Participates in income tax reporting and the timely delivery of tax information to clients.

Maintains personal tickler/system alerts.

Other duties as requested by their supervisor or other management representatives.

Must comply with all Trust Company policies and procedures that are job related and/or consistent with business necessity.

EDUCATION AND EXPERIENCE:
High school or GED, plus specialized schooling and/or on the job education in a specific skill area; e.g. data processing, clerical/administrative, equipment operation, etc.

EXPERIENCE GENERAL:
3 years related experience and/or training.