Trust Operations Specialist - Security Master

ADP; Birmingham (AL); On-site; USD 60,000 - 80,000; Full time

Job summary

Argent Financial Group seeks a Trust Operations Specialist – Security Master in Birmingham, AL. The role focuses on establishing and maintaining securities, pricing assets, and supporting security-related workflows within the trust operations framework.

You will handle daily price updates, monitor price integrity, and coordinate with Tax for Return of Capital payments, while participating in cross-training to broaden departmental knowledge.

Qualifications

• College degree in business related field preferred.
• 2-3 years of experience in the financial services industry.
• Basic Accounting knowledge, including debits and credits.

Responsibilities

• Review and establish securities in the AddVantage platform and maintain existing securities.
• Perform daily price updates for assets and review issuer statements.
• Monitor and resolve stale and aged asset prices.
• Process cost basis adjustments for private placement assets.
• Review and process transaction amendments.
• Coordinate with Tax Department on Return of Capital payments.
• Support audits by providing documentation for activities.

Skills

Detail-oriented

Analytical

Communication

Team player

Prioritization

MS Office

Education

Bachelor's degree in business or related field

Tools

Microsoft Office

Job description

Trust Operations Specialist - Security Master

Full Time Birmingham, AL, US

2 days ago Requisition ID: 1107

Title: Trust Operations Specialist – Security Master

Report to: Security Master Supervisor

Department: Trust Operations

Company Profile:

Argent Financial Group (Argent) is a leading, independent fiduciary wealth management firm responsible for more than $180 billion in client assets. Argent provides individuals, families, businesses, and institutions with a broad range of wealth management services, including trusts and estate planning, investment management, ESOPs, retirement plan consulting, funeral and cemetery trusts, charitable organization administration, oil and gas (mineral) management, and other unique financial services. Headquartered in Ruston, Louisiana, Argent was formed in 1990 and traces its roots back to 1930.

Department Profile:

The Trust Operations Specialist - Security Master role is a dynamic, team-based position within Argent's Operations Department. The Operations Department supports the full range of services provided to Argent's clients. Services supported by Operations include, but are not limited to, account transfers, asset movement, client deposit and disbursement processing, fund accounting, mail processing, and reconciliation of client and DDA accounts. The Operations Department interacts daily with internal personnel and external financial institutions.

Job Summary:

The Security Master Team plays a key role in ensuring the accuracy and integrity of security data on the Argent platform. The team is responsible for establishing, maintaining, and pricing financial instruments, including equities, bonds, derivatives, and mutual funds. Accurate security data is essential to efficient operations across the Argent platform.

As a Security Master Analyst, you will be responsible for establishing and maintaining new and existing securities. The position also supports workflows related to security transactions initiated by Wealth Officers.

Job Specifics: Security Master

• Review and establish new securities and perform maintenance on existing securities within the AddVantage platform.


• Perform daily price updates for private placement assets while reviewing issuer statements.


• Monitor and resolve stale and aged asset prices.


• Process cost basis adjustments for private placement assets.


• Review and process transaction amendments.


• Coordinate with the Tax Department to process Return of Capital payments.


• Assist with routine internal and external audits by providing documentation for activities covered by the applicable audit.


• Participate in departmental cross-training to develop a broad understanding of the Operations Department.

Knowledge, Skills, and Abilities:

• Detail-oriented, with strong analytical, research, and communication skills.


• Basic knowledge of financial securities markets and investments preferred.


• Basic computer skills, including knowledge of the Microsoft Office suite.


• Ability to work effectively in a team environment.


• Ability to establish priorities, work independently, and proceed with objectives with minimal supervision.

Credentials and Experience:

• College degree in business related field preferred.


• 2-3 years of experience in the financial services industry.


• Basic Accounting knowledge, including debits and credits.An equivalent combination of education and experience.