Trust Operations Specialist

First National Bank; Pittsburgh (Allegheny County); On-site; USD 45,000 - 60,000; Full time

Job summary

First National Bank is looking for a Trust Operations Specialist 1 based in Pittsburgh, PA. This role is crucial for performing operational functions within the Trust Operations, ensuring timely processing and reporting for clients.

The ideal candidate should have 1-3 years of experience in Retail Banking or Trust/Wealth Management, alongside a basic understanding of Cash processing and Securities transactions. Strong communication and organizational skills are essential for success in this position.

First National Bank offers a professional environment where you can contribute to the team's effectiveness and provide exceptional service to our Clients.

Qualifications

• 1-3 years of experience in Retail Banking or Trust/Wealth Management.
• Hands-on knowledge of Cash processing and/or Securities Transaction processing.
• Understanding of Client impact of operational activities.

Responsibilities

• Process Cash or Securities transactions within the Trust Accounting system.
• Complete various operational functions like Daily Balancing and Account Research.
• Assist Clients with account setup and transfers.
• Support Trust Operations personnel and assist with special projects.

Skills

Project management skills

Communication skills

Organizational skills

Analytical skills

Customer service skills

Accounting or bookkeeping experience

MS Word - Basic Level

MS Excel - Intermediate Level

MS PowerPoint - Basic Level

Education

High School or GED

Job description

Position Title: Trust Operations Specialist 1

Business Unit: WM - FNTC

Reports To: Wealth Operations Team Leader

Position Overview

This position is primarily responsible for performing various operational functions within the Middle or Back Office to ensure timely and accurate processing and reporting for Clients. The incumbent completes assigned operational duties, assists with special projects, and serves as backup to other Trust Operations personnel. The ideal candidate has 1-3 years of Retail Banking or Trust/Wealth Management experience; including hands on knowledge of Cash processing and/or Securities Transaction processing. Candidate should understand the Client impact of all activities performed.

Primary Responsibilities

• Performs daily client servicing needs by posting Cash or Securities transaction within the Trust Accounting system. Create General Ledger entries relative to Client Transactions and accurately input information to successfully process all types of transactions.
• Ability to learn and complete various operational functions, including but not limited to Daily Balancing, Account Research, Fee Processing, Receipts & Disbursements, New Accounts & Closed Accounts, Statement Processing, Income Posting, Shadow Posting, Trade Settlements, Asset Transfers, Subpoenas, Corporate Actions and Class Actions.
• Assist and interact with Clients and Internal Business Partners with setup and access to their Account, On-line Client portal and/or processing Incoming and Outgoing Account Transfers for Clients.
• Provides daily support to Trust Operations personnel and Front Office Associates. Assist team members as needed with any Projects or Regulatory Exams.
• Provides reports and assists with any "one-off" special projects requiring system input in an accurate and timely manner.
• Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required

High School or GED

Minimum # of Years of Job-Related Experience Required

1

Special Skills Required

• Excellent project management skills
• Excellent communication skills, both written and verbal
• Excellent organizational, analytical and interpersonal skills
• Excellent customer service skills
• Ability to use a personal computer and job-related software
• MS Word - Basic Level
• MS Excel - Intermediate Level
• MS PowerPoint - Basic Level
• Experience in accounting or bookkeeping.

Licensures/Certifications Required

N/A

Physical Requirements or Work Conditions Beyond Traditional Office Work

N/A

Equal Employment Opportunity (EEO)

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.