Old Point National Bank Looking for Trust Operations Spec I at Newport News, VA  Full Time

Position Summary: Responsible for daily tasks related to trust operation functions by providing operational support to the Trust and Financial Services and its clients.

Essential Functions:

• Processes security movement by the funding, researching, re-registering, and monitoring all incoming assets for new and existing accounts.
• Completes all tasks and duties required to process and service loans on trust accounts. Activities include, but not limited to, set-up and establishment of loans, the proper verification and documentation of collateral; servicing accounts; processing payments; and paying out and releasing loan collateral.
• Processes routine file maintenance changes on client accounts; trust account fees monthly; statements for distribution; scheduled disbursement, deposit, and transfer on client accounts; electronic form deposits; monthly insurance updates for client accounts; weekly money market rate changes; import of quarterly estimated tax liabilities, backup withholding tax, and helps with year-end tax processing.
• Retrieves and processes daily accrual funds.
• Compiles and generates assigned monthly reports for the Administration Committee for incoming and outgoing accounts.
• Retrieves and processes dividend and interest payments.
• Performs adjustments on estates.
• Serves as back-up to various operations positions.
• Accountable for the understanding of and adherence to operational controls, policies, procedures and processes to ensure compliance with bank policies and related laws and regulations.
• Other related duties as assigned
• Performs other duties as required or assigned which are reasonably within the scope of the duties in this job classification

Position Requirements (Knowledge/Skills/Abilities)

• Intermediate level knowledge of MS Office (Excel, Word, PowerPoint, Outlook, Teams, OneDrive) with the ability to learn other job specific software applications
• Basic knowledge of accounting principles.
• Strong written and oral communication skills and ability to distill and convey information in a compelling manner.
• Skill in adopting technological advancements and facilitating into current and future responsibilities.
• Ability to carefully review information, identify errors, and maintain accuracy in work, showcasing commitment to producing high-quality results .
• Skill in analyzing situations and applying critical thinking to resolve problems and decide on courses of action.
• Ability to attend to details and pursue quality in accomplishing tasks.
• Ability to work collaboratively, communicate effectively and have positive relationships with customers and co-workers.
• The ability to readily modify, respond to, and integrate change with minimal personal resistance.
• Ability to anticipate, monitor, and meet the needs of customers (internal and external) and respond in an appropriate manner.
• Ability to work , and have with customers (internal and external).
• Possesses the drive to work towards a standard of excellence.

Education/Experience:

• High School diploma or GED required.
• Minimum of one (1) year of experience working in financial services, trust company or financial institution.
• Experience working with trust, securities, or bank operations preferred.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit, use hands to finger, handle, or feel and talk or hear and occasionally required to stand, walk, reach with hands and arms and stoop, kneel, crouch, or crawl. Specific vision requirements for the job include close vision (at 20 inches or less) and the ability to recognize colors.

Working Conditions

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The work environment is typically indoors and in an office setting. The noise level within the work environment is typically moderate.

The specific statements shown in each section of this position description are not intended to be all-inclusive. They represent typical elements and criteria necessary to successfully perform the job.