Mutual Funds - Receipts and Distribution Specialist

Training : Will take place for the first 2-3 weeks and will require 4 days in office.

Hours : Monday-Friday 8 : 00am-5 : 00pm.

Job Status : Full-Time.

Mobile : 2 days in office and 3 days WFH.

ABOUT THE JOB (JOB BRIEF) :

The Mutual Funds Receipts & Distributions Senior Specialist helps manage the movement of mutual fund investments in, out, and between accounts at Key Bank. These accounts are part of Key Private Bank and Investment Advisory services.

This job includes :

• Receiving mutual fund assets : Take action when new accounts are opened, making sure Mutual Fund assets are accurately receipted into trust accounts.
• Sending out mutual fund assets : Take action to send out Mutual Fund assets to contra firms and update the account records accordingly.
• Handling transfers between accounts : Take action to move Mutual Fund assets between trust accounts.
• Tracking and adjusting investment details : Ensure transactions and cost basis are recorded accurately for tax purposes.
• Communicating with other teams : Work closely with other operational teams and Line of Business partners on the status of incoming, outgoing, and internal transfers.

You will need to have or develop an understanding of how mutual funds work and follow instructions from trust officers and analysts to make sure everything is done correctly and on time.

PRIMARY JOB FUNCTIONS :

REQUIRED QUALIFICATIONS :

PREFERRED QUALIFICATIONS :

About KeyBank :

Working at Key is an opportunity to join a company committed to your success and the success of the clients and communities we serve. We offer our teammates the skills, mentoring and training needed to meet their career goals and better serve our clients.