Job Description
IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers and communities. IBC bank hires talented, creative and dedicated individuals to help our business succeed. We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence. We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience. Time Type: Full time
This is an in-office position. Department: 680 Trust Operations
Job Summary: Records trust transaction and maintains individual trust accounting records to comply with trust agreements, regulatory deadlines, industry practices and accounting principles.
Job Description: ESSENTIAL JOB FUNCTIONS The statements on this job description are intended to describe the general nature of level of work being performed by incumbents. They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.
- Process individual trust account deposits/distributions
- Process profit sharing participant notice mailings and distributions
- Process 1099 tax forms and mailings for all trust distributions
- Process wire transfers for trust investment purchases
- Performs unclaimed trust voucher research
- Enters trust transaction activity into Trust Processor automated system
- Assists with Trust Committee Meeting reports and/or copies
- Creates charitable trust application summary
- Process Treasury Bill purchase/sale transactions
- Assist manager with audit/examination copies
- Supports shareholder area with shareholder visits, stock transfers, address updates on shareholder system, shareholder report reviewer, shareholder mailings, reporting lost
- Maintains end of year car mileage report
- Supports safe deposit area in providing access/open/close of boxes
- Serves as reviewer for safe deposit unpaid reports
- Assists with medallion signature guarantee updates
- Process distribution tax withholding deposits
SKILLS - Accounting and Analytical
- Active Listening
- Critical Thinking
- Judgement and Decision Making
- Quick Decision Strategies
EDUCATION - Bachelor in Accounting, Finance or Business Administration preferred.
International Bank of Commerce
Job Tags
Full time,