Trust Distributions Specialist

Columbia Bank; Denver (CO); On-site; USD 31,000 - 36,000; Full time

Benefits offered by this job

Healthcare coverage

401(k)

Life insurance

Disability insurance

Tuition assistance

Mental health resources

Identity theft protection

Legal support

Auto & home insurance

Pet insurance

Discount marketplace

Paid vacation and holidays

Volunteer days

Job summary

Columbia Bank in Denver seeks a Distributions Specialist to handle trust department accounting, post transactions, and maintain accurate records for trusts, estates, and IRAs. You will coordinate with clients by phone to update on requests and ensure documentation is properly archived.

The role requires high organization, the ability to multitask in a fast-paced environment, and adherence to bank policies and regulatory training.

Qualifications

• High school diploma or GED required.
• 1 year related experience preferred.
• Prior financial services experience in a transaction processing environment preferred.
• 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.

Responsibilities

• Post all transactions on the trust accounting system accurately and without direction.
• Ensure all transactions are processed accurately and according to client instructions.
• Ensure all documentation related to the cash transaction is appropriately archived and noted.
• Proactively communicate with clients via phone to advise them of the status of their request.
• Quickly remediate any issues or concerns arising from the client contact.
• Under the guidance of senior team members, assist in cashiering activities related to institutional client conversions and deconversions.
• Under the guidance of senior team members, develop an understanding of complex distribution activities (roth conversions, alternative asset re-registrations, plan distributions, and other complex processing activities).
• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training.

Job description

Columbia Bank in Denver seeks a Distributions Specialist to handle trust department accounting, post transactions, and maintain accurate records for trusts, estates, and IRAs. You will coordinate with clients by phone to update on requests and ensure documentation is properly archived.

The role requires high organization, the ability to multitask in a fast-paced environment, and adherence to bank policies and regulatory training.