IRA Coordinator at Trustco Bank

Glenville, NY 12302

About the Job

Job Title: IRA Coordinator

Reports to: IRA Manager

FLSA Status: Non-Exempt

Salary Grade: NE12

Supervisory Responsibility: No

SUMMARY:

The IRA Coordinator assists in overseeing the operations and transactions involving IRAs and HSAs. Monitors opening and closing of accounts account distributions rollovers and customer inquiries. Ensures compliance with governmental regulations regarding IRAs and HSAs.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned by supervisor and/or Trustco Bank’s Board of Directors.

Reviews forms from branches and operations to ensure accuracy.

Ensures compliance with government regulations including account over-contributions early distributions and required minimum distributions.

Maintains records and is responsible for timely reporting.

Process data into the Bank’s system as needed.

REQUIRED EDUCATION/EXPERIENCE:

An Associate’s degree in a business-related field or equivalent level of education and experience.

Effective verbal and written communication skills.

Well organized with the ability to manage multiple tasks and work to time sensitive deadlines.

Ability to work well independently and in groups.

Working knowledge with Microsoft Office Programs; Excel and Word.

PREFERRED EDUCATION/EXPERIENCE:

Bachelor’s degree in business related field

POSITION TYPE/EXPECTED HOURS:

This is a full-time position. Office hours Monday – Friday 8:30am – 5:00pm. Evening and weekend work may be required as job duties demand.

TRAVEL:

No travel required.

LANGUAGE SKILLS:

Must be able to speak read write and understand the primary language(s) used in the workplace; bilingual skills a plus. Ability to read analyze and interpret general business information including but not limited to company policies and procedures. Ability to effectively present information and respond to questions from groups of managers and customers.

PHYSICAL DEMANDS:

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.

This is largely sedentary role requiring use of typical office equipment such as a computer laptop and phone.

Ability to communicate both in person and/or by telephone.

WORK ENVIRONMENT:

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.

For the most part ambient room temperatures lighting and traditional equipment as found in a typical office / retail environment.

OTHER DUTIES:

Report this job

Job summary

About this company

Trustco Bank

Schenectady Trust Company opened for business on June 9, 1902 with 11 employees, and initial deposits of $762,578.11. TrustCo Bank Corp NY was formed in July 1982. Trustco Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities. Why You Should Work For Trustco Bank:It's a Great Job: Trustco Bank is locally famous for its friendly, Home Town atmosphere. We believe that our employees make our reputation. We know that our employees are one of our greatest assets, and we think you'll agree after reading about the many benefits that we provide to our staff!It's a Great Career: Not only is working at Trustco a great job, it's a great career! We promote our own employees whenever possible. With our headquarters conveniently located, the opportunities that we provide as an employer are unlimited. Merit Increases: Providing you are performing at an effective level, you will be eligible for a merit increase when your review is administered.Paid Vacation: All employees, both full and part-time, are eligible for paid vacation. Holiday Pay: We're a bank! Holiday pay is one of our many perks. All employees, both full and part-time, are immediately eligible for paid holidays. We observe holidays on the Federal Reserve Schedule.Health Plan: Trustco provides valuable medical benefits to all employees after 90 days of continuous service. Dental is offered after 90 days of service to all full-time employees. Employees choose the level of coverage that fits their specific needs.401K Plan: Upon hire, all employees are eligible to participate in our 401(K) plan. Tuition Reimbursement: Any financial or career-related courses that you enroll in after six months of employment qualify for our tuition reimbursement plan (for all full-time employees).Other Benefits: Employees are eligible for reduced rates on loans after one year of service, if approved. Life insurance is provided to full time employees after six months of employment.