Primary Location:
Comerica Great Lakes Campus
Locations:
Farmington Hills, MI US
Additional Locations:
Comerica Great Lakes Campus; San Francisco 3 Embarcadero; Walnut Creek-East Bay Regional Office
Job Type:
Full-time
WorkBest Job Category:
Category C – Days in the office will either be designated days or will vary week to week from 2-5 days
Job Category:
Wealth Management
Required Experience:
3-7 years
Overtime Status:
Exempt
Job ID:
246292
Trust Regulatory Reporting Specialist
- Responsible for performing a variety of accounting, analytical, & financial reporting duties ensuring client and investor activity reporting is prepared and completed appropriately.
- Serves as a technical accounting expert without management responsibilities and is seen as a subject matter expert and key advisor on significant business/accounting decisions to team and partners.
- Prepares financial information for regulators, finance, and senior leadership.
- Communicates with partners when discrepancies are identified including recommendations and/or solutions to resolve the potential error.
- Create and balance reports from the Trust Accounting System with the outside partner firms and the outsourced Trust Operations vendor.
- Creation and oversight of fee activities that impact areas outside of Trust Operations. These activities include but are not limited to fee reversals/pending fee deletions, miscellaneous fees, external investment advisor fee reporting, fee discounting and fees by situs.
- Generate Global FX Currency, Global Market Value, and Transactions reporting for impacted business units and transactional databases.
- Responsible for meeting and/or exceeding SLA requirements for all assigned tasks.
- Investigate and troubleshoot any discrepancies and provide correction recommendations to leadership.
- Establishes and maintains effective relationships with both internal and external customers.
- Acts as a mentor to colleagues within the team providing training, advice, expertise, and guidance, assisting them to the successful completion of their assigned projects.
- Cross-train and provide backup on all duties within the core team.
- Timely completion of all enterprise assigned and Comerica Trust specific training activities.
- Also responsible for training system users (both internal and external) providing workable processes and procedural changes.
- Bachelor’s degree from an accredited university
- 6 years of Trust operations, Trust Administration, Securities
- 4 years of Project Management
- Accounting experience
Comerica Great Lakes Campus8:00am – 5:00pm Monday – Friday