Union Bank and Trust Company College Savings Operations Officer in Lincoln, Nebraska
Position Summary: The College Savings Operations Officer will serve as a point of contact for the standard procedures and daily duties of the CSP Operations area. Ability to look at processes/procedures with a critical/analytical eye and make high pressure decisions. This position will serve as support/backup to high level duties throughout the Operations area.
Process trade corrections and letters of indemnity including collection for losses.
Responsible for the high dollar transaction verification.
Process and monitor aggregation of accounts for continued plan compliance with Plan Trust and Internal Revenue Code 529 requirements.
Assist with pulling data, reports and documents for internal and external audit purposes.
Generate and review various monthly/quarterly department reconciliation worksheets for the bank?s monthly RCP review.
Assist as needed entries of daily work totals to various omnibus accounting software.
Serve as back-up to the CSP officers duties which include, but are not limited to, NSCC set up and processing, DST FanMail coordination, Morningstar reporting, commissions processing/reporting, rebalancing of CSP assets in trust accounting system, and write off reporting.
Obtain the knowledge and ability to assist all CSP Operations staff when needed.
Maintain Workflow system. Gain knowledge of system capabilities and implement enhanced features as needed to create/maintain a smooth, efficient workflow process.
Maintain system and process monthly credit card rewards amounts. Transfer rewards on a quarterly basis to the designated 529 account.
Understand and adhere to all bank policies, laws and regulations applicable to their role. Complete compliance training; follow internal processes and controls as required.
Report all compliance issues, violations of law or regulations in accordance with the steps defined in bank policies.
Regular and reliable attendance is an essential function of this position.
Performs other job related duties or special projects as assigned.
Bachelor?s degree in a related field or equivalent experience preferred.
Four years of operations, college savings plan experience preferred.
Strong working knowledge of 529 college savings plan products and rules required.
Proficient in Microsoft Office and in working with other financial software.
Self-directed and takes initiative
Strong decision making skills
Accurate and detailed
Effective communicator- both verbal and written
Organized, deadline driven and time efficient
Independent with good judgment
Analytical and problem solver
Sedentary work, occasional lifting and/or carrying up to 20 pounds.
Indoor work not exposed to outdoor elements or hazards.
HOURS: Full Time, Hours Vary.
PLEASE VIEW THE APPLICANT TERMS & CONDITIONS (https://www.ubt.com/ubt-employment-terms-conditions) BEFORE PROCEEDING WITH YOUR APPLICATION.
Equal Opportunity Employer Minorities/Women/Veterans/Disabled