Trust Operations Specialist at Stillman Bank Corp NA

Rockford, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

15 Jul, 26

Salary

26.0

Posted On

16 Apr, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Trust administration, Trust operations, Accounting, Finance, Transaction processing, Account reconciliation, Client reporting, Asset mapping, Tax preparation, Microsoft Word, Microsoft Excel, Attention to detail, Organizational skills, Multi-tasking, Interpersonal skills, Problem solving

Industry

Banking

Description

Description ABOUT US: Stillman Bank is a local, community bank founded in 1882. Started in Stillman Valley, IL, we have grown to 6 locations throughout Ogle and Winnebago counties. Our organization is owned by shareholders and shareholder families, some of which span back 3 generations. Our Mission is to remain a locally-owned, independent community bank that strengthens the places we call home, one relationship at a time. ABOUT THE ROLE: As a member of the Trust and Wealth Management Department, this position provides support with internal operations of the trust department in compliance with all regulatory requirements, while supporting the department’s strategic and competitive objectives. Support the day-to-day operation of the Trust Department including processing payments, posting transactions, reconciling accounts, executing transfers, client reporting, asset mapping, invoicing, balancing, tax preparation functions and input of new accounts. Serve as the primary backup in the daily operation of the department in the absence of other trust operations personnel. Support efforts of operations department to keep client files and documents current, scanned, organized and compliant. Assist with opening and closing accounts, setting up trust funds, beneficiaries, and deed documents according to state and federal regulations. Work with residential mortgage department to maintain Freddie Mac collateral management system, certification and custodial vaulting in a timely manner. Seek continuous process and workflow improvement to enhance the efficiency of the Trust Department operations function. Participate in personal continuing educational opportunities to enhance and maintain current knowledge of trust, investment, and related areas. Support the administrative function of the Trust and Wealth Management department through creating documents, preparing presentations, sending and processing correspondence, and speaking to clients and prospects as needed. Serve as a conduit between relationship managers (front office) and the operations team (back office) to ensure smooth flow of information and accurate execution of client requests Coordinate with appropriate team members and outside professionals to ensure the fulfillment of all fiduciary responsibilities Assist in other areas related to the trust and investment business and performs other duties and projects as assigned. Requirements High School Diploma required, an Associates or Bachelors in Accounting or Finance is a plus. Previous experience in Trust Administration or Trust Operations is highly preferred. Computer skills using Word, Excel and the Internet, and the ability to quickly learn and adapt to other specialized software applications. Attention to detail and the dedication to perform tasks accurately and completely. High degree of organizational and multi-tasking ability. Strong interpersonal skills and the ability to collaborate with other members of the department with minimal supervision. Effective judgement to process transactions, recognize issues, prioritize actions, solve problems and make sound decisions. Bring positive energy and a proactive “can do” mindset to the operations team The ideal candidate will be interested in taking on additional responsibilities over time. ABOUT COMPENSATION AND BENEFITS: We believe our employees are our greatest asset and deserve competitive pay and benefits. We regularly review our compensation and align our ranges with market data for our geography, industry, and institution size. This is an hourly, non-exempt position averaging 40 hours per week, Monday-Friday. The expected pay range is $19.00 - $26.00 per hour, but the starting rate could be higher depending on relevant experience. Paid time off is available up front, including paid vacation time, paid flex (personal) time, paid wellness time, paid birthday, paid volunteer time off, and 11 paid holidays. We partner with Blue Cross Blue Shield of Illinois to offer 2 health plans, dental insurance, and vision insurance. The bank pays for short-term disability, long-term disability, and life insurance on your behalf. You can purchase additional life insurance for yourself, a spouse, or dependents at a group rate. Discretionary 401k match and profit-sharing contributions are made on your behalf once you have met the eligibility requirements. EEO STATEMENT Stillman Bank is an Equal Opportunity Employer. We will consider applicants for our positions without regard to any category protected by applicable federal, state, or local law, including but not limited to: race, color, religion, sex, gender identity, sexual orientation, pregnancy, age, national origin, physical or mental disability, military or veteran status, genetic information, or any other protected classification.

Responsibilities

The Trust Operations Specialist supports the day-to-day operations of the Trust and Wealth Management department, including processing payments, reconciling accounts, and preparing client reports. They also serve as a liaison between relationship managers and the operations team to ensure accurate execution of client requests and regulatory compliance.