Financial Associate (Public) jobs in Grand Forks, ND

Frandsen Bank & Trust seeks a Trust Administrative Assistant, who will be based out of our East Grand Forks Wealth Management and Trust office location. This position will work closely with the Relationship Officer. Additionally, they will have an opportunity to develop their skills with the potential to move into a trust position.

Main Responsibilities

· Perform clerical functions related to opening client accounts and ongoing account coding based on account features chosen by the client.

· Work with designated officer(s) and the client in obtaining the required documents based upon the type of account(s) established.

· Organize and assist in the maintenance of complete internal client account, external 401k account, and investment-related electronic and paper records as required for compliance.

· Initiate, process, and mail all mandatory retirement-related letters and tax forms including but not limited to 1099Rs, 5498s, RMD letters, Summary Annual Reports, and safe-harbor notices.

· Perform various administrative duties (i.e., typing, filing, answer phones, mailing documents/letters, etc.) and other duties and projects as assigned by the officer.

· Day-to-day support of the Wealth Management and Trust Department Officers and clientele

Minimum Requirements

· Two to three years’ experience in investment management, trust, retirement plans, or in the general financial services industry

Preferred Qualifications

· College degree preferred but not required

· General knowledge of finance and accounting principals