Trust - Trust Investment Administrator

Community Bank System, Inc. Oneonta , NY 13820

Posted 4 weeks ago

Hours/Week: 37.5 hours Location: US:NY:Oneonta

Minimum Pay Rate:

Relevant experience and education will be taken into consideration when determining actual starting pay rate.

Summary:

A Trust Investment Administrator is responsible to support Trust Investment staff in the management of trust portfolio assets, which includes monitoring departmental holdings and potential holdings, preparation of performance reporting, and divisional reports as well as coordination of marketing efforts.

Education and training and requirements:

  • High School Diploma or GED Required

  • Bachelor's degree with a major in Business, Accounting, Economics, Finance, Math or related field preferred.

Skills:

  • Strong math and spreadsheet skills

  • Ability to analyze data to test for calculation errors

  • Professional and friendly interpersonal and communication skills

  • Clear thinking and ability to stay focused

  • Attention to Detail

  • Proficiency in Microsoft Office Suite

  • Must be able to consistently demonstrate the Company's core values: a strong work ethic, integrity, respect for others, responsibility, transparency and humility

Experience:

  • 1-2 years' of office experience preferred

Responsibilities:

  • Compile and analyze the department's "Approved" asset lists

  • Review major holdings to track unusual price changes, material news items, earnings estimates and reports

  • Assist with the preparation of reports for all Trust Investment Committee meetings

  • Prepare institutional performance review materials

  • Assist with the calculation/generation of periodic investment reporting

  • Track all department mutual fund position held on a "managed" basis, producing a formal quarterly report analyzing performance vs. peers and benchmarks

  • Monitor issues including fund policy and management changes

  • Assist Trust Investment staff with systematic mutual fund sales and purchases

  • Provide Trust Investment staff with cash balance and fixed-income maturity reports

  • Assist with the preparation of RFP, seminar and other presentation materials

  • Interact with the Trust team on a daily basis to stay informed regarding any significant changes in client objectives or other matters requiring immediate attention

  • Track and coordinate new account work flow progress

  • Other related duties as assigned or directed

  • Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures and internal controls, and meet all job-specific requirements in a timely fashion

Other information:

As an integral member of the Trust Department, this position is responsible to provide assistance wherever necessary to help the Department and the Bank in achieving their annual goals.

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee may be required to stand, walk, sit, user hands to finger, handle, or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.


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