Trust Operations Pro: Precise Processing & Reporting

Bank of Ann Arbor; Ann Arbor (MI); On-site; USD 60,000 - 85,000; Full time

Job summary

Bank of Ann Arbor in Ann Arbor, MI seeks a Trust Operations Specialist to handle routine trust and asset-related transactions, ensuring accuracy and timeliness within a structured, rotational team.

You will initiate and monitor transfers, process corporate actions, prepare client statements, and assist with audits, reporting, and regulatory compliance.

This role emphasizes attention to detail, analytical thinking, and collaboration with internal teams and external institutions.

Qualifications

• Bachelor’s degree in business or equivalent work experience.
• 1 year related experience or 2 years progressive financial processing experience.
• Familiarity with Trust Operations, including regulatory and audit guidelines.

Responsibilities

• Process routine asset-related transactions, including electronic receipts, disbursements, collections, and internal asset movements.
• Initiate, monitor, and process incoming and outgoing account transfers, including transactions involving external financial institutions.
• Perform the initial review of transfer documentation to ensure accuracy, completeness, and proper authorization prior to processing.
• Complete cost basis processing and maintenance, including reviewing, importing, and aggregating data from external and internal sources.
• Process routine corporation actions and security income activity, including asset adjustments, and consolidation of holdings as required.
• Trace and reconcile transactions throughout the business day, identifying, researching, and escalating discrepancies or out-of-balance conditions as appropriate.
• Generate and distribute client statements and routine operational reports in accordance with established schedules and controls.
• Prepare preliminary operational and transactional reports for review by senior team members.
• Support additional operational tasks, projects, or audits as assigned.

Skills

Organizational skills

Attention to detail

Analytical thinking

Transaction processing

Education

Bachelor’s degree in business or equivalent work experience

Job description

Bank of Ann Arbor in Ann Arbor, MI seeks a Trust Operations Specialist to handle routine trust and asset-related transactions, ensuring accuracy and timeliness within a structured, rotational team.

You will initiate and monitor transfers, process corporate actions, prepare client statements, and assist with audits, reporting, and regulatory compliance.

This role emphasizes attention to detail, analytical thinking, and collaboration with internal teams and external institutions.