Private Banking Jobs in Trust Relationship Support in New York Banks

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Position Trust Relationship Support Specialist
Private Banking / Trust

Compensation $45,000 to $65,000

Location New York, NY - Midtown Manhattan

Summary Provide support to the Trust Officers in the servicing and operational maintenance of trust and estate accounts/portfolios and ensure compliance with Company policies and external regulations.

Key Responsibilities

Provide quality service to account customers and beneficiaries in responding to written and telephone inquiries.

Receive investment instructions from customers and/or investment advisors and requests for discretionary distributions from beneficiaries and prepare appropriate documentation.

Follow through on ticket processing and send and receive wire transfers. Research and respond to customer requests and problems.

Prepare and maintain appropriate documentation for each payment, ensuring completeness and appropriate customer, co-fiduciary, officer and/or committee approvals. Calculate dollar amounts and prepare periodic principal and income payments based on client instruction and/or appropriate fiduciary accounting principals.

Maintain appropriate records of activity. Contact customers to resolve documentation exceptions. Assist in processing deposits and distributions and handle investigations. Assist officers in account openings and closings.

Monitor portfolio of accounts, notify officers and customers of outstanding balances and anticipated cash needed for possible investment and cash requirements for asset purchases, distributions and expense payments; reconcile account cash balances and prepare account status reports.

Expanding account relationships through awareness of other Company products and services.

Adhere strictly to compliance and operational risk controls with regard to regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events.

Required Skills

Minimum of 1-2 years of proven relationship support experience or equivalent.

Minimum of Associates degree in business. Paralegal training or related field or equivalent experience. Computer literacy.

Proven mathematical aptitude and communications and analytical skills.

Strong organizational and analytical skills and the ability to deal with customers in a professional manner and handle on-going accounts.

Contact Ms. Helene Crocitto
Executive Vice President
Filcro Financial Staffing
521 Fifth Avenue
New York, NY 10175

Resume fax: 212-599-5050
Resume: e-mail link
Resume submission policy

"Trust Relationship Specialist" should appear in the subject line followed by your First and Last name. Example: "Trust Relationship Specialist - John Doe"

Please include your salary history and a resume that includes dates of employment.

Home Phone, Work Phone, Cell Phone and E-mail Address contact information desired.

Candidates with appropriate experience will be contacted by a research associate or Officer in Charge of Search (OIC) in a manner specified, if requested.

EEO Policy Filcro Financial Staffing and the organization we represent are equal opportunity employers. We recruit, employ, train, compensate and promote regardless of race, religion, creed, color, national origin, age, gender, sexual orientation, disability, or veteran status and we comply with all federal and state laws.

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Jobs for Trust Relationship Support Specialists in New York Banks - Private Banking Jobs

Position	Trust Relationship Support Specialist Private Banking / Trust
Compensation	$45,000 to $65,000
Location	New York, NY - Midtown Manhattan
Summary	Provide support to the Trust Officers in the servicing and operational maintenance of trust and estate accounts/portfolios and ensure compliance with Company policies and external regulations.
Key Responsibilities	Provide quality service to account customers and beneficiaries in responding to written and telephone inquiries. Receive investment instructions from customers and/or investment advisors and requests for discretionary distributions from beneficiaries and prepare appropriate documentation. Follow through on ticket processing and send and receive wire transfers. Research and respond to customer requests and problems. Prepare and maintain appropriate documentation for each payment, ensuring completeness and appropriate customer, co-fiduciary, officer and/or committee approvals. Calculate dollar amounts and prepare periodic principal and income payments based on client instruction and/or appropriate fiduciary accounting principals. Maintain appropriate records of activity. Contact customers to resolve documentation exceptions. Assist in processing deposits and distributions and handle investigations. Assist officers in account openings and closings. Monitor portfolio of accounts, notify officers and customers of outstanding balances and anticipated cash needed for possible investment and cash requirements for asset purchases, distributions and expense payments; reconcile account cash balances and prepare account status reports. Expanding account relationships through awareness of other Company products and services. Adhere strictly to compliance and operational risk controls with regard to regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events.
Required Skills	Minimum of 1-2 years of proven relationship support experience or equivalent. Minimum of Associates degree in business. Paralegal training or related field or equivalent experience. Computer literacy. Proven mathematical aptitude and communications and analytical skills. Strong organizational and analytical skills and the ability to deal with customers in a professional manner and handle on-going accounts.
Contact	Ms. Helene Crocitto Executive Vice President Filcro Financial Staffing 521 Fifth Avenue New York, NY 10175 Resume fax: 212-599-5050 Resume: e-mail link Resume submission policy "Trust Relationship Specialist" should appear in the subject line followed by your First and Last name. Example: "Trust Relationship Specialist - John Doe" Please include your salary history and a resume that includes dates of employment. Home Phone, Work Phone, Cell Phone and E-mail Address contact information desired. Candidates with appropriate experience will be contacted by a research associate or Officer in Charge of Search (OIC) in a manner specified, if requested.
EEO Policy	Filcro Financial Staffing and the organization we represent are equal opportunity employers. We recruit, employ, train, compensate and promote regardless of race, religion, creed, color, national origin, age, gender, sexual orientation, disability, or veteran status and we comply with all federal and state laws.