Job Description:
The Investment Manager and Trust Securities Services Teams play a significant role within Global Wealth & Investment Management (GWIM) and U.S. Trust. Our dynamic department is responsible for the custody and settlement of assets, as well as the invoicing and collection of revenue and sub-accounting services such as recordkeeping. Our teams are relied heavily upon for participation in projects and initiatives that help promote responsible growth for the business and our Clients. Teams interface daily with Financial Advisors, Investment Managers, and Internal and External Business partners to provide all manners of operational support for Merrill Lynch and U.S. Trust accounts.
The teammate in this role is responsible for providing asset servicing for wealth management and other trust specialty client account needs. Securities Services is responsible for the identification, valuation, and proper recordkeeping of U.S. Trust client assets. On behalf of stocks, bonds, derivative products, and physical assets this team facilitates activities such as allocation of income, corporate events, and changes in asset positions to meet fiduciary requirements for high-net-worth investors looking at solutions to address financial goals. The teammate will be a part of a team expected to provide strong operational trust operations oversight with strong emphasis on client focus and relationship building within the Class Actions unit.
Key Responsibilities Include:
Monitor, analyze, and validate industry data as it applies to investments and class actions
Reconcile and balance system generated reports
Identify exceptions and provide problem resolutions for function related items
Perform mathematical calculations
Research system records for transactions, positions, beneficial owners, name address files, or specific account documentation in support of unit workflow
Process transactions to the trust accounting system
Required Skills:
Desired Skills:
Shift:
1st shift (United States of America)
Hours Per Week:
40
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