CAS Asset Analyst

Job Summary:

The Client Administration Support (CAS) Department is responsible for the opening, ongoing maintenance and closing of accounts for Bessemer Trust's ultra high-net-worth clients. CAS provides full and dedicated support to the Client Advisor ("CA") and Wealth Advisor ("WA") teams across all Bessemer Offices. The Asset Transfer Group will be housed in the CAS Department as value-added service being made available for the CA and WA teams. The successful applicant will enjoy the opportunity to grow with an established, yet expanding division of a growing middle office. As an Asset Analyst, you will dedicate your time to the processing of both incoming and outgoing client account transfer requests. This position aims to assist internal client management teams with the expedient receipt/delivery of assets.

Primary Responsibilities:

• Obtain necessary transfer documentation from CAs (e.g., transfer authorization forms, recent account statements, re-registration paperwork if applicable, etc.).

• Perform a detailed review of expected assets to determine the most appropriate transfer method.

• Coordinate with various contra-firms to identify any additional documents/action steps required to complete the transfer.

• Liaise with our internal Custody Department.

• Prepare any additional documentation to submit transfer requests (e.g., cover letters, delivery instructions, letters of authorization, etc.).

• Proactively follow up with the contra-firms to resolve any issues and ensure all assets are received.

• Provide frequent updates to the CA/WA teams as to the status of each transfer.

• Assist in the retrieval of tax cost information if it is not received from the contra-firm within the regulatory time period.

Qualifications:

• Bachelor's degree

• Knowledge of ACATS vs. Non-ACATS, DTC & DRS preferred

• Proficiency with Microsoft Excel

• Ability to build and sustain strong relationships with internal associates as well as contacts at contra-firms