Primary Location:
New York
Locations:
New York, NY US
Additional Locations:
New York; Comerica Great Lakes Campus
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:
246278
TRUST ACCT & RPTG SPEC
- 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
New York8:00am – 5:00pm Monday – Friday
Salary:
For candidates hired in the state of California, Colorado, Washington, New York the expected salary/On-Target Earnings (OTE) range for the role is currently:
- New York – $83,750 – $148,750 Annually
Salary Range(s) is subject to change. Comerica Bank takes several factors into account when determining individual starting pay. These include but are not limited to position, grade level, location/metropolitan area, skillset, and peer compensation. Comerica Bank considers the employer’s work location to determine the pay range.