Fed Settlement & Trust Ops Specialist

Amalgamated Bank of Chicago; Chicago (IL); On-site; USD 45,000 - 55,000; Full time

Benefits offered by this job

Full health insurance (medical, dental

401k

Employee Assistance Program

Opportunities for advancement

Community Service Opportunities

Job summary

Amalgamated Bank of Chicago is seeking a Trust Operations Specialist to coordinate the Fed trade settlement process and oversee daily workflows within Trust Operations. This role supports asset transitions, settlements, reconciliations, and related duties.

The ideal candidate has a high school diploma and experience with Microsoft 365, plus knowledge of trust/trade practices. ABOC emphasizes diversity, inclusion, and career growth in a supportive team environment.

Qualifications

• High school diploma or equivalent (required)
• Microsoft 365 Experience
• Knowledge of trust/trade practices and procedures is normally attained in two years of trade settlement experience in a trust department or brokerage firms’ or other financial services institution. (required)

Responsibilities

• Monitor Fed trade settlements input to the Trust Accounting System.
• Oversee daily workflow of functions within Trust Operations.
• Identify opportunities for productivity improvements and system enhancements.
• Assist in transitioning of new account assets; settle, reconcile and balance daily trade activity and accounts; process Class Actions and Bankruptcies; pair-offs and other duties as assigned.
• Act as backup to other departmental functions.

Education

High school diploma or equivalent

Tools

Microsoft 365 Experience

Knowledge of trust/trade practices

Job description

Amalgamated Bank of Chicago is seeking a Trust Operations Specialist to coordinate the Fed trade settlement process and oversee daily workflows within Trust Operations. This role supports asset transitions, settlements, reconciliations, and related duties.

The ideal candidate has a high school diploma and experience with Microsoft 365, plus knowledge of trust/trade practices. ABOC emphasizes diversity, inclusion, and career growth in a supportive team environment.