Wealth Management Administrative Assistant

WEALTH MANAGEMENT ADMINISTRATIVE ASSISTANT

FIRST STATE BANK AND TRUST

BLOOMINGTON, IL

As a Trust and Wealth Management Assistant, you will support account administrators, perform operational tasks, and provide client support. We seek detail-oriented professionals with strong organizational skills who excel at multitasking effectively in a fast-paced environment.

ESSENTIAL JOB FUNCTIONS:

• Process daily settlement information and post transactions, including dividends, trades, fees, cash disbursements and cash receipts.
• Process money market settlement and branch settlement.
• Set up and process ACH disbursements and receipts.
• Print and assist with the mailing of customer statements, correspondence, marketing materials, etc.
• Balance the system to internal deposit accounts daily.
• Reconcile various asset custody accounts.
• Research and respond to client inquiries.
• Manage the bill paying system to ensure all bills are paid timely. Review outstanding disbursements and invoices. Set up new scheduled deposits and disbursements as needed.
• Assist with the preparation of financial plans as needed.
• Assist Trust Officers with administrative duties and projects as needed.
• Open and close accounts on the trust accounting system.
• Maintain account files and scan client and other department documents for electronic storage.
• Assume responsibility for career growth and development by actively pursuing continuing education, reading and self-development to enhance skills.
• Other duties as assigned.

QUALIFICATIONS:

• Minimum of an Associate's Degree (preferably in finance, accounting or business) or equivalent related work experience required.
• Experience in trust operations, financial or brokerage services preferred.
• Requires excellent organization and communication skills, both verbal and written.
• Must be able to work well under pressure and prioritize to meet deadlines.
• Must be detail-oriented and have the ability to effectively multitask.
• Basic knowledge of investment products.
• Proficient with Microsoft Word and Excel.

At First State Bank and Trust, we have established ourselves as a trusted financial institution. Serving seven markets across Central Illinois, our community bank provides a full range of services to customers.

We have locations in Monticello, Champaign, Bloomington, Heyworth, Tuscola, Atwood, and Hammond. What makes us truly unique is that we're 100% employee-owned, meaning every team member has a stake in our success.

Equal Opportunity Employer. Member FDIC. Equal Housing Lender.