Trust & Distributions Operations Specialist

Columbia Bank; Denver (CO); On-site; USD 32,000 - 41,000; Full time

Job summary

Columbia Bank is seeking a Distributions Specialist to support the Trust department's accounting for trusts, estates, and IRAs. You will post transactions, ensure accuracy, and maintain documentation while coordinating with clients by phone.

Under guidance, you will learn complex distribution activities and assist in cashiering for client conversions. The role emphasizes regulatory compliance and teamwork in a fast-paced environment.

Qualifications

• Must be highly organized with the ability to handle multiple tasks at one time.
• Excellent organizational, time management, problem prevention and problem-solving skills.
• Excellent communication skills.
• Ability to thrive in a team-oriented environment.

Responsibilities

• Post all transactions on the trust accounting system accurately and without direction.
• Ensure all transactions are processed according to client instructions and properly documented.
• Archive documentation related to cash transactions and note pertinent details.
• Proactively communicate with clients by phone to advise on status and resolve issues.
• Assist in cashiering activities under supervision for institutional client conversions and deconversions.
• Develop understanding of complex distribution activities (ROTH conversions, re-registrations, plan distributions).
• Maintain compliance with bank regulations and internal policies as applicable.

Skills

Highly organized

Excellent communication

Team-oriented

Multitasking

Problem-solving

Windows PC proficiency

Education

High school diploma or GED

Job description

Columbia Bank is seeking a Distributions Specialist to support the Trust department's accounting for trusts, estates, and IRAs. You will post transactions, ensure accuracy, and maintain documentation while coordinating with clients by phone.

Under guidance, you will learn complex distribution activities and assist in cashiering for client conversions. The role emphasizes regulatory compliance and teamwork in a fast-paced environment.