Corporate Trust Operations Specialist

  • 001 Manufacturers and Traders Trust Co
  • Wilmington, DE
  • 1w ago
  • Full-Time
  • Hybrid

Overview:

Provides operational, analytical and reporting support to Corporate Trust business partners, clients and bondholders.   

Primary Responsibilities:

  • Analyze and interpret Corporate Trust account details and incoming documentation from internal business partners and bondholders to ensure timely and accurate transaction processing on the bondholder system of record.             

  • Process new account setups, adjustments to existing accounts, transfers of ownership and/or payments through data entry for Corporate Trust customers, ensuring timeliness and accuracy of all work.          

  • Research and resolve operational and/or calculation discrepancies in response from bondholders and business partners.               

  • Partner with business and support colleagues including helping assess system functionality and determining solutions for special processing needs to provide an optimal and consistent client experience.             

  • Ensure regulatory deadlines and department guidelines are met for operational processing to protect Company interests and retain and expand customer relationships. 

  • Identify processing issues and opportunities for control improvements; work with managers and peers in improving processes for those approved to increase efficiency.     

  • Communicate with bondholders and business partners in response to their inquiries.    

  • Develop and maintain an understanding of the business to identify, investigate and resolve issues to contribute to sustained operational performance and positive client interactions.       

  • Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.  Identify risk-related issues needing escalation to management.

  • Promote an environment that supports belonging and reflects the M&T Bank brand.

  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.

  • Complete other related duties as assigned.

Education and Experience Required:

  • Associate's degree or equivalent work experience

  • 2+ years' relevant experience

Education and Experience Preferred:

  • Bachelor's degree or financial services internship             

  • Financial services experience

  • Securities knowledge    

  • Ability to work under time constraints while maintaining accuracy

  • Strong analytical skills

  • Strong problem- solving skills

  • Strong written and verbal communication skills

  • Detail-oriented

  • Strong organizational skills

  • Ability to partner with various stakeholders

  • Strong interpersonal skills with ability to set examples for others

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $24.87 - $41.45 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Wilmington, Delaware, United States of America