Not Authorized
You are currently not authorized to access this section.
Please contact your Administrator to change your authorization settings.
Please contact your Administrator to change your authorization settings.
Trust Fund Valuation Specialist
Green Bay, WI
Job Description
Genesis10 is currently seeking a Trust Fund Valuation Specialist for a 6-month contract position working with a bank in Green Bay, WI. This position will work onsite in the office in Green Bay, WI.
Job Description:
If you have the described qualifications and are interested in this exciting opportunity, apply today!
Ranked a Top Staffing Firm in the U.S. by Staffing Industry Analysts for six consecutive years, Genesis10 puts thousands of consultants and employees to work across the United States every year-in contract, contract-for-hire, and permanent placement roles. With more than 300 active clients, Genesis10 provides access to many of the Fortune 100 firms and a variety of mid-market organizations across the full spectrum of industry verticals.
Benefits of Working with Genesis10:
* Access to hundreds of clients, most who have been working with Genesis10 for 5-20+ years.
* The opportunity to have a career-home in Genesis10; many of our consultants have been working exclusively with Genesis10 for years.
* Access to an experienced, caring recruiting team (more than 7 years of experience, on average.)
* Medical, Dental, Vision
* Health Savings Account
* Voluntary Hospital Indemnity (Critical Illness & Accident)
* Voluntary Term Life Insurance
* 401K
* Sick Pay (for applicable states/municipalities)
* Commuter Benefits (Dallas, NYC, SF)
* Remote opportunities available
For multiple years running, Genesis10 has been recognized as a Top Staffing Firm in the U.S., as a Best Company for Work-Life Balance, as a Best Company for Career Growth, for Diversity, and for Leadership, amongst others. To learn more and to view all our available career opportunities, please visit us at our website.
Genesis10 is an Equal Opportunity Employer. Candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Genesis10 is an Equal Opportunity Employer/Minorities/Female/Disabled/Veteran
Job Description:
- Under limited supervision, calculate the net asset value of the Trust Company's Collective and Unitized funds daily and Common funds weekly and at month-end. Responsible for processing a variety of complex operational functions including (but not limited to): trading, class action processing, held away account transactions and reconciliation, monitoring and processing all outgoing domestic and international wires, ensuring broker statements are received for all applicable positions and researching and pricing positions not priced by the Trust Company's pricing service.
- Calculate the Net Asset Value of Collective and Unitized funds daily. Verify accruals, transaction activity and pricing on assets held in the funds for accuracy. Determine where prices need to be manually adjusted. Send prices to the broker/dealer to ensure accuracy and execution of trades in order to post plan/participant trades.
- Monitor all equity and bond trading for the Trust Company, including for assets not publicly traded. Review trade confirmations received to ensure trades initiated from the broker are accurate, allowing for timely affirmation and settlement through the depositories. Work with Trust Investments and outside investment managers to resolve any trade discrepancies. Assist directed account customers with trading, questions and special requests. Establish new securities on the Trust accounting system to ensure timely settlement, proper collection of income and dividends, pricing, and proper taxation for the various Trust accounts.
- Monitor domestic and international wires requested by Trust Administration and Operations, ensuring accurate information is provided for timely processing. Research and communicate regarding any wires that are not correct. For international wires, obtain the conversion rate for the country the wire is being sent to. Charge client accounts for wire fees as needed.
- Through the use of a daily data collection interface, balance account transactions for accounts where ATC is not custodian (held-away). Ensure transactions are processed appropriately to reflect custodial account positions to aide in investment portfolio management. Obtain broker statements and confirms to ensure assets are updated to reflect accurate holdings and value. At month end, verify all positions have been updated for client statement purposes.
- In conjunction with the vendor, file class action suits for positions held in client accounts. Research holders and buy/sell transactions for the specified time period and provide to vendor for filing on behalf of the client. Research and process class actions settlement payments received on behalf of client accounts.
- Perform reallocation of funds received or distributed from Lifestage Collective Funds. Ensure accurate execution of trades, resulting in appropriate allocation of investments within the model.
- Provide necessary oversight over prices that need to be obtained daily to ensure accurate valuation and fee calculations. Monthly, monitor for missing or stale security prices and obtain pricing from third parties in order to update prices in the Trust accounting system.
- Manage the securities lending process for large institutional clients. Monitor and reconcile all positions to ensure that they can be delivered to custodians for lending purposes. Work closely with colleagues responsible for trade settlement to address any pending trade discrepancies.
- Transfer securities at the depositories as requested by Treasury Operations. Verify request for accuracy and transfer appropriate units and original face to ensure accruals are transferred correctly.
- Calculate the Net Asset Value of Collective and Unitized funds daily. Verify accruals, transaction activity and pricing on assets held in the funds for accuracy. Determine where prices need to be manually adjusted. Send prices to the broker/dealer to ensure accuracy and execution of trades in order to post plan/participant trades.
- Monitor all equity and bond trading for the Trust Company, including for assets not publicly traded. Review trade confirmations received to ensure trades initiated from the broker are accurate, allowing for timely affirmation and settlement through the depositories. Work with Trust Investments and outside investment managers to resolve any trade discrepancies. Assist directed account customers with trading, questions and special requests. Establish new securities on the Trust accounting system to ensure timely settlement, proper collection of income and dividends, pricing, and proper taxation for the various Trust accounts.
- Monitor domestic and international wires requested by Trust Administration and Operations, ensuring accurate information is provided for timely processing. Research and communicate regarding any wires that are not correct. For international wires, obtain the conversion rate for the country the wire is being sent to. Charge client accounts for wire fees as needed.
- Through the use of a daily data collection interface, balance account transactions for accounts where ATC is not custodian (held-away). Ensure transactions are processed appropriately to reflect custodial account positions to aide in investment portfolio management. Obtain broker statements and confirms to ensure assets are updated to reflect accurate holdings and value. At month end, verify all positions have been updated for client statement purposes.
- In conjunction with the vendor, file class action suits for positions held in client accounts. Research holders and buy/sell transactions for the specified time period and provide to vendor for filing on behalf of the client. Research and process class actions settlement payments received on behalf of client accounts.
- Perform reallocation of funds received or distributed from Lifestage Collective Funds. Ensure accurate execution of trades, resulting in appropriate allocation of investments within the model.
- Provide necessary oversight over prices that need to be obtained daily to ensure accurate valuation and fee calculations. Monthly, monitor for missing or stale security prices and obtain pricing from third parties in order to update prices in the Trust accounting system.
- Manage the securities lending process for large institutional clients. Monitor and reconcile all positions to ensure that they can be delivered to custodians for lending purposes. Work closely with colleagues responsible for trade settlement to address any pending trade discrepancies.
- Transfer securities at the depositories as requested by Treasury Operations. Verify request for accuracy and transfer appropriate units and original face to ensure accruals are transferred correctly.
- Bachelor's Degree or equivalent combination of education and experience in Business, Accounting, or related field Required
- 2-4 years Trust, investments, finance or accounting Required
If you have the described qualifications and are interested in this exciting opportunity, apply today!
Ranked a Top Staffing Firm in the U.S. by Staffing Industry Analysts for six consecutive years, Genesis10 puts thousands of consultants and employees to work across the United States every year-in contract, contract-for-hire, and permanent placement roles. With more than 300 active clients, Genesis10 provides access to many of the Fortune 100 firms and a variety of mid-market organizations across the full spectrum of industry verticals.
Benefits of Working with Genesis10:
* Access to hundreds of clients, most who have been working with Genesis10 for 5-20+ years.
* The opportunity to have a career-home in Genesis10; many of our consultants have been working exclusively with Genesis10 for years.
* Access to an experienced, caring recruiting team (more than 7 years of experience, on average.)
* Medical, Dental, Vision
* Health Savings Account
* Voluntary Hospital Indemnity (Critical Illness & Accident)
* Voluntary Term Life Insurance
* 401K
* Sick Pay (for applicable states/municipalities)
* Commuter Benefits (Dallas, NYC, SF)
* Remote opportunities available
For multiple years running, Genesis10 has been recognized as a Top Staffing Firm in the U.S., as a Best Company for Work-Life Balance, as a Best Company for Career Growth, for Diversity, and for Leadership, amongst others. To learn more and to view all our available career opportunities, please visit us at our website.
Genesis10 is an Equal Opportunity Employer. Candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Genesis10 is an Equal Opportunity Employer/Minorities/Female/Disabled/Veteran
Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Temporary, Full Time
Required Education
Bachelor's Degree
Required Experience
10+ years
Email this Job to Yourself or a Friend