Operations Administrator - Trust Services
About The Position
Operations Administrator Dunham Trust Company (DTC) provides comprehensive trust and fiduciary services including custodial accounts, wealth management, and specialized investment administration. Chartered in 1999 and headquartered in Reno, Nevada, DTC serves high net worth and ultra-high net worth clients with additional offices in Las Vegas, Wyoming, and Colorado. Bring your drive and a great attitude to Dunham Trust Company, and you will have the opportunity to grow with us professionally, personally, and financially. You will be part of a company that promotes from within, cares about your success, and rewards longevity. We are seeking an Operations Administrator that offers operations support for DTC staff and is prompt, efficient, and extremely accurate. This is an onsite position in our downtown Reno location. This position is full time for 40 hours per week, and this individual will be eligible for our generous benefits package while assuming responsibility for the following:
Requirements
- Attention to detail and excellent problem-solving skills
- Accurate data entry skills
- Excellent MS Office and computer skills
- Excellent written and verbal communication skills
- Ability to multi-task and manage time efficiently
- A.A. or Bachelor’s degree in Business, Finance or Accounting or equivalent experience
- 2-3 years of accounting experience; finance industry experience preferred
Nice To Haves
- Paralegal, trust, estate planning, or financial/investment background not required, but considered a plus
Responsibilities
- Perform cash balancing with DTC Clearing Account at Pacific Western Bank daily
- Receive custody reconciliation and perform daily settlement
- Perform Security MAP posting; post dividends, interest, and pay-downs daily
- Review, affirm, and settle trades with Fifth Third, Dunham, and Matrix daily
- Settle trades for Analyst Group
- Process incoming investments and complete deposits daily, including processing incoming checks, wires, and ACH deposits
- Process outgoing ACHs, wires, checks, etc.
- Process bill pay
- Manage the monthly promissory note payments and rental payments
- Post fees received in the mail as needed on demand/fee accruals
- Reconcile all accounts with external holdings on monthly basis
- Update market prices for non-priced securities on ETA
- Assist with daily review of completed redemptions
- Process recurring redemptions and ensure funds availability for redemptions on the 5 th and 20 th of each month and estimated tax payments
- Prepare TIC/TAC/Board/Audit binders for quarterly meetings, specifically discretionary advances reports and account review reports
- Produce, print, review, and copy monthly, quarterly, and annual statements
- Prepare Quarterly Account Reviews for Trust Officers
- Assist operations team with other projects as needed
- Answer phones
- Process incoming mail
- Assist other staff members in the office, as needed
Benefits
- Medical, Dental & Vision (choices vary by state)
- Life and AD&D Insurance (company paid)
- Short-Term & Long-Term Disability (company paid)
- Flexible Spending Plan (FSA)
- Employee Assistance Plan (company paid)
- Domestic Partner benefits
- 401(k) Plan with generous company match
- Paid Time Off (PTO) and Holiday benefits
- Company-Sponsored Events
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
