Trust Operations Associate – Private Client

JTC Group; Wilmington, Northern (DE, KY); Hybrid; USD 65,000 - 90,000; Full time

Job summary

JTC Group in Delaware is seeking a Trust Operations Associate to manage all operational aspects of the trust accounting platform and interface with investment advisors and broker/dealers.

The role includes reconciliation of operating accounts, moving funds, and preparing client statements, with responsibility for supporting system enhancements and regulatory requests. Strong Excel/Word and FIS knowledge are preferred.

Qualifications

• 3–5 years of relevant trust operation experience.
• Bachelor’s degree or equivalent work experience; knowledge of trust estates and tax laws.

Responsibilities

• Evaluate business processes for efficiency and feasibility.
• Create financial reports for senior management.
• Serve as liaison with trust accounting system providers and other technology vendors.
• Support plans for system enhancements and upgrades.
• Coordinate and participate in Disaster Recovery Testing.
• Perform operational duties in support of the Delaware office.
• Assist with Private Label Trust company implementations.
• Maintain JTC DE Business Continuity Plan.
• Prepare reports responsive to regulatory examination and audit requests.
• Oversee operating accounts, scanning and reconciliation.
• Produce statements for accounts custodian’s away.
• Generate ad hoc reports from trust accounting system.
• Coordinate system access rights with IT.
• Comply with safety policies and report unsafe activities.
• Participate in proactive team efforts to achieve goals.
• Perform other duties as assigned.
• Provide leadership to others through example and sharing of knowledge/skill.

Skills

Trust operations

Financial reporting

Regulatory liaison

Microsoft Office

Excel

Word

FIS

Disaster Recovery

Education

Bachelor's degree

Tools

FIS trust accounting system

MS Word

Job description

Trust Operations Associate – Private Client

This position will be responsible for all operation aspects of JTC DE’s relationship with the trust accounting platform as well as interfacing with investment advisors and broker/dealers who will manage accounts with JTC DE. This position is also responsible for reconciliation of operating accounts, moving funds and client statements.

MAIN RESPONSIBILITIES AND DUTIES

• Evaluate business processes for efficiency and feasibility.
• Create financial reports for senior management.
• Serve as liaison with trust accounting system providers and other technology vendors.
• Support plans for system enhancements and upgrades.
• Coordinate and participate in Disaster Recovery Testing.
• Perform operational duties in support of the Delaware office.
• Assist with Private Label Trust company implementations.
• Maintain JTC DE Business Continuity Plan .
• Prepare reports responsive to regulatory examination and audit requests.
• Oversee operating accounts, scanning and reconciliation.
• Produce statements for accounts custodian’ away.
• Generate ad hoc reports from trust accounting system.
• Coordinate system access rights with IT.
• Comply with all safety policies, practices and procedures. Report all unsafe activities to supervisor and/or Human Resources.
• Participate in proactive team efforts to achieve departmental and company goals.
• Perform other duties as assigned.
• Provide leadership to others through example and sharing of knowledge/skill.
• Receive very general guidance with respectto overall objectives; work is usually quite independent of others; operate within specific policy guidelines.

ESSENTIAL REQUIREMENTS

• 3 to 5 years of relevant trust operation experience.
• Bachelor’s degree or equivalent work experience, required Knowledge of trust estates and tax laws.
• Ability to identify and communicate tax planning vehicles.
• Strong working knowledge of the interpretation and practical application of trust and estate document provisions, trust and estate law, taxes and investments.
• Execute tasks with accuracy and attention to detail.
• Perform responsibilities with honesty and integrity.
• Maintain a professional level of stress tolerance.
• Possess ability to adapt to changing environment.
• Experience with Microsoft Office products, particularly Excel and Word.
• Ability to use a trust accounting system, preferably FIS.
• Proficient personal computer skills including electronic mail, record keeping, routine database activity, word processing, spreadsheet, graphics, etc.

Whether you are just starting out or seeking new challenges, JTC offers an environment where you can grow, develop, and succeed at every stage of your career.

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