Corporate Trust Job Description
Corporate trust
provides operational support for the Zions Bank Stock and Bond Transfer agent department which supports Corporate Trust Offices in 8 states.
Corporate Trust Duties & Responsibilities
To write an effective corporate trust job description, begin by listing detailed duties, responsibilities and expectations. We have included corporate trust job description templates that you can modify and use.
Sample responsibilities for this position include:
Supporting other processing and project needs within the United States Corporate Trust Operations business
Monitoring the trade and settlement flow of Client investments into money market mutual funds
Monitor the nature of the investments and cash disbursements
The job holder will be responsible for performing complex debt services calculations
The job holder will be responsible for the timely clearance of all outstanding cash exceptions
Review daily activity
Handle customer inquiries in a professional manner
Provide support in maintaining client relationships
Monitoring the settlement of Mutual Fund trades and intercepting when issues arise to ensure timely settlement
Working Hours in line with the United States (3-11pm)
Corporate Trust Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Corporate Trust
List any licenses or certifications required by the position: ICSA, CCTS, W-9, IRS, CREST, W-8, BA
Education for Corporate Trust
Typically a job would require a certain level of education.
Employers hiring for the corporate trust job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Education, Business, Finance, Financial Services, Accounting, Management, Law, Graduate, MBA, Economics
Skills for Corporate Trust
Desired skills for corporate trust include:
Investments
Accounting transactions
Trust operations
Account management
Legal regulations
Microsoft Excel spreadsheets
Bond financings
Project management
Corporate trusts
Agencies
Desired experience for corporate trust includes:
Setting up new funds when needed and ensuring dividends are allocated in a timely manner to invested Clients
Allocating Principle and Interest payments to Client investment accounts
Generating, controlling and researching of wire payments
Resolving Client enquiries
Reconciling cash and position
Conducting end of day settlement and reconciliation
Corporate Trust Examples
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Corporate Trust Job Description
Job Description Example
Our company is growing rapidly and is looking for a corporate trust. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for corporate trust
- Managing end of day high value redemption/subscription wires to fund families and reconciling operational accounts with redemption proceeds
- Working in conjunction with the Profit & Loss team, crediting fixed Income, equity payments to Clients
- Working with senior Stakeholders and Front Office colleagues in New York/London
- Delivery of CTLA services to the assigned clients and being the single-point-of-contact
- Preparing deal set up, covenant monitoring, cash and investment processing, amendments and corporate action events
- Take minutes
- Prepare basic presentations
- Perform and gather data to ensure timely reporting
- Track incident reports
- Oversee data management
Qualifications for corporate trust
- The ability to adapt well to a changing environment
- A strong background in banking, ideally within funds, trustee or agency related field
- The ability to apply technologies to business situations
- Participate in project support
- Meticulous with paperwork and good organisational skills
- Good people and social skills
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Corporate Trust Job Description
Job Description Example
Our company is growing rapidly and is looking for a corporate trust. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for corporate trust
- Perform reviews, evaluations, determines root causes and recommends improvement to the process to mitigate risk from occurring
- Monitor and maintain oversight over implementation of recommendation and complete independent evaluation of improvements implemented
- Produce management reporting, summarizing and explaining quality improvement
- Gain knowledge and expertise on business line production outside of direct group and root cause analysis process
- Perform Root Cause analysis on production processes
- Complete recommendation of analysis to improve process and mitigate future occurrences of risk
- Monitor to ensure implementation is completed timely
- Complete validation analysis that implementation was successful in mitigating risk
- Accurately processing assigned tasks related to processing and generating invoices
- Accurately posting entries into various systems that are applied to the General Ledger for income / revenue
Qualifications for corporate trust
- A self motivated, proactive approach to your work, and an ability to use your own initiative
- Three to five years of experience in asset management of trust accounts
- BA, Bsc + sales specific certification
- Recognized internally & externally as a Subject Matter Expert (SME) in their specialist area
- Experienced in Senior stakeholder/ C-level engagement
- Expertise in all of MS Office packages (Word, PowerPoint, Excel, Outlook), CRM systems or similar sales platforms
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Corporate Trust Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of corporate trust. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for corporate trust
- Reviewing and amending procedures with their supervisor when interpreting FIM requirements
- Contributing / participating on projects as needed for data gathering
- Timely clearance of all outstanding cash exceptions
- Identifying, raising and implementing process improvements related to efficiencies, controls and regulatory compliance
- Ensure compliance with all bank policies and procedures, legal and regulatory requirements, identify measure, monitor and control risks associated with the client book of business
- Provides strong leadership to motivate both individual and team performance
- Manage a portfolio of defaulted and distressed deals facilitate clients' restructuring and workout situations
- Arrange and attend to bondholder/lender meetings
- Monitor receivables
- Handles all day to day requests in relation to the portfolio including, but not limited to, incorporating companies and preparing post incorporation documentation, amending articles of Incorporation and Private Foundation
Qualifications for corporate trust
- The individual should be proficient in the Microsoft suite of applications (Word, Excel, .)
- A team player with the ability to work closely with peer groups in onshore locations
- Takes overall accountability for delivery and drives results for business area
- Will have an extensive external networks at senior level to build and retain strong client and feeder relationships
- Drives innovation and improvements to business delivery area
- Two to three years of experience in asset management of trust accounts
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Corporate Trust Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of corporate trust. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for corporate trust
- Performs the duties of Signatory “A”
- Incorporating and managing corporate entities and Curacao Private Foundations
- Carrying out marketing activities, mainly among our network of tax-advisors and legal firms
- Keeping the Managing Director abreast of important issues and escalating potential problems
- Prepares ad hoc, monthly and annual invoices as required
- Stores documents, emails and correspondence with clients in View Point Document Manager
- Ensures portfolio is compliant with current regulations and works towards keeping up to date Due Diligence as required by Law
- Supervision of the Product Group and the supervision of legal and accounting matters of the entire portfolio of client companies and in that scope receives and distributes clients’ requests to staff within the account, and monitor progress thereof
- Advises staff on correct procedures for carrying out their required functions
- Ensures accurate implementation of the procedures relevant to incorporation, amendment to the Memorandum and Articles of Association, transfer of companies to and from other Registered Agents, liquidations, mergers, continuations and all other aspects of International Business Companies
Qualifications for corporate trust
- Strong communication and partnering skills for working with business partners (facilitating meetings and key conversations, documenting meetings and action items for publication and tracking, driving actions and initiatives)
- Minimum of 1 year of industry experience is required
- Must be able to work effectively independently, in a team, in an open floor environment
- Strong knowledge of corporate and international finance and securities industry practices, banking, law and investment banking, pertinent regulations impacting activities
- Seven + years of experience in relationship management in Institutional Services or related securities industry sector with significant experience in of the following relationship types
- Well organized and can prioritize high traffic emails and workload
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Corporate Trust Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of corporate trust. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for corporate trust
- Accurately completes Time Card on a daily basis and reviews and signs off on staff time cards
- Monitors staff attendance and time recording on a daily\weekly basis
- Reviews and approves staff vacation ensuring that account is sufficiently staffed at all times
- Manages staff performance and carries out semi-annual appraisals and identifies training needs of staff
- Maintenance of a professional and motivating working environment
- Meeting or exceeding internal and external quality standards for exceptional customer service
- Applies Operations, Technology and Business strategies and objectives across product and business lines within all internal and external policies/guidelines and requirements of the regulators
- Where appropriate, builds and maintains relationships with internal and external stakeholders to provide a point of contact within the functional team for time critical, complex or regulated tasks
- Informs product / function development to ensure a superior offering in the face of changing client needs and market trends, acting in a Subject Matter Expert (SME) capacity
- Ensures the escalation of operational, regulatory and other risks to the COO and senior management functions
Qualifications for corporate trust
- Experience in SEI, Bond accounting systems, and/or Tickler Monitoring System systems preferred
- 4 years of Financial reporting, accounting or equivalent experience in a related field
- Ability to work independently, prioritizing and meeting multiple deadlines
- Ability to prepare and present working papers and supporting documentation
- Proficiency with PC software such as Excel, other Microsoft Office applications
- Ability to express ideas clearly and effectively in both written and oral communications