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We are looking for a skilled Trust Accountant to join our team on a contract basis in Minneapolis, Minnesota. In this role, you will oversee the operational aspects of trust accounts, ensuring accuracy, compliance, and seamless transaction processing. This position requires collaboration with internal teams and clients to uphold the integrity of trust operations and deliver exceptional service.
Job Responsibility:
Process transactions for trust accounts, including deposits, distributions, transfers, and payments in accordance with trust agreements and established protocols
Monitor and reconcile trust account activities to ensure accuracy across internal systems and external financial institutions
Maintain comprehensive records and documentation for account activities, including statements, asset inventories, and transaction histories
Support compliance efforts by ensuring operational processes align with regulatory standards, audit requirements, and company policies
Assist with onboarding new trust accounts by gathering necessary documentation and coordinating with clients and internal teams
Address client inquiries promptly, resolving discrepancies and operational issues efficiently and professionally
Prepare reports and contribute to audits, regulatory filings, and internal reviews
Collaborate with trust officers, investment professionals, and legal teams to ensure accurate execution of trust transactions
Identify and implement process improvements to enhance operational efficiency and reduce risks
Requirements:
Bachelor’s degree in finance, accounting, business administration, or a related field is preferred
At least 2 years of experience in trust operations or banking operations within the financial services sector
Strong knowledge of trust accounting principles, fiduciary regulations, and industry standards
Familiarity with trust management systems and relevant financial software
Exceptional analytical skills and keen attention to detail
Excellent communication skills and a commitment to providing outstanding client service
Ability to work both independently and collaboratively in a fast-paced, regulated environment
What we offer:
medical, vision, dental, and life and disability insurance