Manager, Asset Services (Onsite)

Choose your next journey as Manager, Asset Services with Millennium Trust Company and join a culture that empowers and where you can innovate. You will be celebrated, you will be challenged, and you can aspire to inspire. You are more than a colleague here; you are part of a COMMUNITY that goes ABOVE and BEYOND professionally and personally to make a difference.
Don't meet every single requirement? Here at Millennium, we believe there is NO "PERFECT" candidate and want to encourage applying even if all the requirements listed aren't met. Our goal is to build an authentic workplace by valuing diversity in our candidates. We work to ensure that our team reflects the diversity of the businesses and clients we serve. We are always looking to expand our growing team with dynamic and enthusiastic individuals. If you enjoy a collaborative, fun environment that champions career development, Millennium Trust is the place for you! We look forward to receiving your application! Check out a video on our Company Culture! Millennium Trust Culture
HOW YOU WILL SOAR:
The Asset Services group is responsible for performing various shared services related to both the Alternative and Traditional Asset Teams. The Manager, Asset Services is responsible for overseeing and directing the team members as they perform their daily responsibilities ensuring that activities are completed accurately and efficiently, and adhere to Company policies, procedures and established service levels. The incumbent will work closely with others within Security Operations and across the firm to maintain positive communication and streamline work flows.

• Ensure adherence to Company policies and procedures while directing transfer activities Oversee required activities including but not limited to physical security lockbox activity, security master maintenance, vault administration, sponsor contact database maintenance, electronic and physical mail processing, and various tasks to assist other Asset Operation teams
• Process bankruptcy and other court-related notifications, prepare requests for asset devaluations and process monthly updates related to approved impairments
• Assist the team with complex issues and other work as required
• Effectively analyze, problem-solve and make decisions
• Design and implement procedure and ongoing process improvements to maximize efficiency, accuracy and control, optimize resources and drive automation
• Establish and maintain documentation associated with all policies, procedures and activities
• Monitor and maintain activity metrics for departmental planning and periodic reporting to management
• Perform system tests and maintain current test plans to ensure that new system releases are properly reviewed
• Develop and maintain a positive and equitable work environment
• Respond to inquiries from and maintain effective relationships with internal departments, investment sponsors, custodians and clients
• Maintain confidentiality of private and sensitive information
• Lead departmental meetings
• Effectively communicate with Director regarding departmental activities and issues
• Other duties as assigned

IF YOU HAVE SOME OR ALL OF THE FOLLOWING, APPLY:

• Bachelor's Degree in Business, Finance, Accounting or related field
• 7-10 years of experience
• 1-3 of leadership experience
• Ability to teach or foster development in others
• Ability to effectively communicate verbally and in writing, and in particular, the ability to articulate complex ideas in an easy to understand manner
• Tendency to be proactive and analytical, with the ability to problem solve and propose resolutions
• Ability to both understand the big picture and dive into relevant details
• Demonstrated ability to multi-task and work effectively with a variety of situations, individuals or groups
• Ability to work well under pressure
• Excellent organizational and project management skills
• Strong computer aptitude with proficiency in Microsoft Excel, Word and Outlook
• Operate with a high sense of responsibility and conscientiousness in delivering results
• Optimistic with a consistently positive and flexible attitude
• Strong working knowledge of the trust accounting system, as well as other internal tracking systems
• Ability to maintain the highest quality of service
• Knowledge of custody and IRA rules and requirements preferred

MILLENNIUM TRUST COMPANY is a rapidly growing, leading financial services company offering specialized retirement and institutional services and recently acquired PayFlex, a consumer directed benefits provider, to create a personalized, holistic approach to financial wellness. To that end, we provide a diversified multi-product business with a holistic focus on financial wellness. Millennium Trust has experienced year-to-year double digit growth and prides itself on its strong, progressive culture.
We have been recognized for our tremendous growth on lists, such as Crain's Fast 50 and Inc. 5000, as well as our dedication to our customer's wellbeing receiving the 2021 Gallagher Best-In-Class Employer and the 2020 Greater Oak Brook Chamber of Commerce Exceptional Service Award.