Employee Trust Administrator jobs in Birmingham, AL

Company Profile: Argent Financial Group (Argent) is a leading, independent, fiduciary wealth management firm. Responsible for more than $65 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 role of Trust Operations Specialist Reconcilement is a dynamic team-based role within Argent’s Operations Department. The Operations Department’s responsibilities cover activities that support the overall services provided to Argent’s clients. Some of the services supported by Operations include (but 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 institutions.

Job Summary:

The Reconciliation Analyst is responsible for ensuring accurate and timely reconciliation of the accounting system’s cash balances, asset balances, and other financial transactions related to wealth management accounts.

Job Specifics: Reconcilement Desk

• Perform daily, monthly, and quarterly reconciliations of bank statements, cash transactions, investment holdings, and trade confirmations for wealth management accounts.
• Identify and investigate discrepancies, variances, and exceptions in reconciliation reports, working closely with internal departments and personnel to resolve outstanding issues.
• Conduct thorough research and analysis to determine the root causes of reconciliation discrepancies.
• Oversee the operation teams activity to ensure accurate posting of transactions that impact cash balances and Bank DDAs.
• Maintain accurate records, documentation, and audit trails of reconciliation activities, ensuring compliance with internal procedures and policies.
• Assist with routine audits, internal and external, to provide documentation on activities covered by the respective audit.
• Individual will also be expected to cross train on additional desks within the Reconciliation Team.

Knowledge, Skills, and Abilities:

• Must be detail oriented, with strong analytic, research and communication skills.
• Basic knowledge of financial markets and Investments preferred.
• Basic computer skills.
• Knowledge of Microsoft Office Suite.
• Ability to work in a team environment.
• Ability to establish priorities, work independently, and proceed with objectives with minimum supervision.

Credentials and Experience:

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