Trust Investment Specialist - Security Movement
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POST DATE 9/16/2016
END DATE 2/7/2017
M & T Bank
Williamsville, NY
JOB DESCRIPTION
BASIC FUNCTION:Security Movement and Control is a specialized team within Trust & Investment Services that is responsible for the trade settlement function of all domestic securities for the clients of Wilmington Trust. This team processes and settles equities, fixed income and mutual fund securities. The environment is fast paced and deals with high value and large volume transactions.
RESPONSIBILITIES:
Work with outside Investment Managers or internal traders to process and settle executed trades for our clients
Perform settlement function with broker-dealers through the domestic depositories DTC and Federal Reserve
Record trade details on the internal Trust accounting system
Resolve failing trades and research trade discrepancies
Balance large transaction volumes and enter values in the Banks general ledger
Answer trade related inquiries received via phone or group email
Assist other team members with completing daily tasks
BASIC QUALIFICATIONS:
Associate's Degree, or in lieu of a degree a minimum of two years combined higher education and relevant work experience
Thorough knowledge of personal computers
Experience using Excel and Word
Excellent written and verbal communication skills
Proven analytical and organizational skills
Ability to independently research and resolve issues
IDEAL QUALIFICATIONS:
Bachelor's Degree in Accounting or Finance
Banking Experience
Solid knowledge of Trust regulations and securities related issues
Experience with the Trust accounting system - SEI
ABOUT M&T
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.
APPLY TODAY AT WWW.MTB.COM/CAREERS!
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M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer. M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.