Retirement and Wealth - Traditional Asset Specialist (Remote)

The Traditional Asset Specialist will report to the Traditional Asset Manager in the R&C Operations Department. This role is responsible for all processing related to traditional securities held in custody by Inspira. Traditional securities include publicly traded stocks, bonds, and mutual funds. The department is comprised of two teams: Trade Comparison, Clearance & Settlement (TCCS) and Account Maintenance Activities (AMA). Primary responsibilities of the TCCS team include trade settlement, liquidations, transfers, and order monitoring. Primary responsibilities of the AMA team include dividends, corporate actions, restricted stock, position reconciliations, security master maintenance, and trade adjustments. The candidate will be initially assigned to a specific team and role, and overtime, will rotate functions within and between teams. Within Traditional Operations, there is a high degree of teamwork. The ideal candidate will be highly proficient with numbers and reconciliations, possess strong attention to detail and the capacity to multitask and operate in a fast-paced environment.
• Review and process daily cash settlements
• Post periodic dividends and interest payments to client accounts ensuring appropriate tax coding
• Process incoming and outgoing transfers through sub-custodian systems and record transfer transactions once assets have been received or delivered
• Process corporate actions, such as stock splits, mergers, conversions and exchanges, which includes sending notifications to clients, maintaining the security master and processing transactions to properly reflect the changes
• Reconcile security positions with sub-custodians in a timely and accurate manner
• Assist clients with trade questions and place client trades for calls received through Inspira’s trading desk while monitoring open orders to ensure timely and accurate execution
• Maintain the Security Master for traditional asset classes in the Trust Accounting System
• Vault physical restricted stock certificates and deposit physical marketable securities with the sub-custodian to convert to book-entry positions
• Interact with internal departments, external sub-custodians and trading firms in a positive professional manner
• Ensure that work generated consistently adheres to Company policies and procedures and meets established service levels
• Create and maintain written operating procedures related to assigned functions
• Actively share ideas to improve department processes and efficiencies
• Other duties as assigned

• 1-3 years of experience

• Bachelor’s Degree in Accounting, Finance, Mathematics, or related field

Skills & Abilities:

• Ability to be detail-oriented, organized and dependable
• Possess a strong aptitude for numbers and reconciliations
• Proactive and analytical, able to problem-solve and propose solutions
• Operate efficiently, with a high degree of accuracy and follow-through
• Proven ability to both prioritize and manage multiple tasks to completion
• Ability to work effectively and accurately under pressure
• Possess excellent verbal and written communication skills
• Operate with a high sense of responsibility and conscientiousness in delivering results
• Optimistic with a consistently positive and flexible attitude
• Demonstrated strong computer aptitude and proficiency with Microsoft Excel, Word and Outlook
• Ability to maintain the highest quality of service
• Working knowledge of Trust Accounting System, IRAs and alternative assets preferred
• Knowledge of publicly-traded securities and experience with processing cash movements preferred