Trust Operations Associate - Entry-Level Accounting

Oregon Pacific Bank; Medford (OR); On-site; USD 27,000 - 37,000; Full time

Job summary

Oregon Pacific Bank is seeking a Trust Operations Specialist I to support the accounting functions of the Trust Department, including trusts, estates, and IRAs. The role involves posting and reviewing transactions in the trust accounting system for accurate tax reporting, in a full-time clerical capacity based in Medford, Oregon.

The position requires at least a high school diploma with 1 year of accounting or banking background preferred; candidates must be able to manage multiple tasks,

Qualifications

• Education: High school Graduate or GED.
• Experience: One year of background in accounting or banking preferred.

Responsibilities

• Balance money market and cash accounts daily.
• Promptly communicate with trust administrative staff and portfolio manager.
• Evaluate pending activity and calculate daily settlement with outside vendor.
• Data entry and approval of accounts payable and accounts receivable transactions.
• Review of pending trades for cash availability and accuracy.
• Review and process market value updates for unique assets.
• Review, edit and process fee transactions and respective GL transfers.
• Set up, maintain, and charge off trust assets.
• Be knowledgeable of bank compliance rules and adhere to all Bank, Federal and State banking policies, procedures and regulations relating to this position.

Skills

Self-motivation

Team player

Analytical thinking

Attention to detail

Communication

Confidentiality

Problem solving

Microsoft Excel

Microsoft Word

Microsoft Outlook

Education

High school diploma or GED

Tools

Word

Excel

Outlook

Job description

Oregon Pacific Bank is seeking a Trust Operations Specialist I to support the accounting functions of the Trust Department, including trusts, estates, and IRAs. The role involves posting and reviewing transactions in the trust accounting system for accurate tax reporting, in a full-time clerical capacity based in Medford, Oregon.

The position requires at least a high school diploma with 1 year of accounting or banking background preferred; candidates must be able to manage multiple tasks,