Associate, Trust Operations (Jr Accountant)-Temporary

About the position

The Associate, Trust Operations (Jr Accountant) maintains, assigned and plans virtual and physical files. Reconcile asset reports & statements from Retirement Plan custodians and record keepers, using external portals, applications & spreadsheets. This position will be temporary (6 months) and working hybrid, based in San Juan, PR.

Responsibilities

• Reconciles asset reports & statements from Retirement Plan custodians and record keepers.
• Uses and access external portals & applications, spreadsheets with formulas, pivot tables, data tables and calculations as well as paper statements and reports.
• Contact plan custodians & record keepers by phone and email to request reports, statements and required data files.
• Continuous communication with Trust Operations, Trust Sales, and affiliate staff members to effectively perform due diligence and assets oversight.
• Analyze asset reports and statements for discrepancies or unusual transactions to comply with our Trust oversight responsibilities.
• Verify and update assigned plans profile data against plan legal documents in files.
• Create Asset Report Summary for Retirement Plans assigned, after reconciliation.
• Generate required management reports for reconciliation status.
• Participate in weekly meetings for reconciliation status reporting and progress tracking.
• Performs all duties in compliance with applicable internal and external guidelines and regulatory requirements.
• Other duties may be assigned.

Requirements

• Bachelor's degree in Business Administration, Accounting or related field required.
• One (1) year of experience in accounting and reporting responsibilities required. Banking experience preferred.
• Minimum education and experience required can be substituted with the equivalent combination of education, training and experience that provides the required knowledge skills and abilities.
• Proficiency in MS Office (Word, Excel, Outlook), reporting systems and other business applications required.
• Excellent written and verbal communication skills in Spanish & English required.
• Excellent interpersonal skills, multitasking, teamwork, and ability to work effectively with clients is required.