Trust Operations Spec - Settlements/Income

Job Description

Job Description

Title: Trust Operations Specialist – Settlements/Income

Department: Trust Operations

Pay Range : TBD

FLSA Status: Non-exempt

Report to: Settlements/Income Supervisor

Company Profile:

Argent Financial Group (Argent) is a leading, independent, fiduciary wealth management firm responsible for more than $165 billion in client assets. Argent provides individuals, families, businesses, and institutions with a broad range of wealth management services, including trusts and estate planning, investment management, ESOPs, retirement plan consulting, funeral and cemetery trusts, charitable organization administration, oil and gas (mineral) management, and other specialized financial services. Headquartered in Ruston, Louisiana, Argent was founded in 1990 and traces its roots to 1930.

Department Profile:

The Trust Operations Specialist – Settlements/Income is a dynamic, team-based role within Argent’s Operations Department. The Operations Department supports the full range of services provided to Argent’s clients, including account transfers, asset movement, client deposit and disbursement processing, fund accounting, mail processing, and reconciliation of client and DDA accounts. The department maintains daily interaction with internal personnel and external financial institutions.

Job Summary :

The Settlements/Income Specialist is responsible for the daily processing of income and interest settlements across a broad range of asset types — including stocks, bonds, mutual funds, and other income-producing assets — held at Argent’s global depositories. This role ensures accurate and timely posting of settlement transactions, resolution of discrepancies, and processing of corporate actions, while maintaining full compliance with internal procedures and audit standards.

Job Specifics: Settlements/Income:

• Review and post daily income and trade settlement transactions received from Argent’s custodians.
• Identify and investigate discrepancies, variances, and exceptions in Depository Income reports, working closely with Argent’s custodian service team to resolve outstanding issues in a timely manner.
• Review and post Corporate Actions across all asset types held at global depositories.
• Maintain accurate records, documentation, and audit trails of all income and settlement activity, ensuring compliance with internal procedures and policies.
• Assist with routine internal and external audits by providing documentation and supporting materials for activities within scope.
• Cross-train on additional functions within the Settlements Team to support operational continuity and flexibility.

Knowledge, Skills, and Abilities:

• Strong attention to detail with solid analytical, research, and written and verbal communication skills.
• Working knowledge of financial securities markets, investment products, and income settlement processes preferred.
• Proficiency in Microsoft Office Suite, Excel, Word, and Outlook.
• Ability to manage competing priorities, meet deadlines, and work both independently and collaboratively within a team environment.
• Familiarity with corporate actions processing, depository income reporting, or custody operations is a plus.

Credentials and Experience:

• College degree in business related field preferred.
• 2–3 years of experience in the financial services industry, preferably in settlements, custody operations, or a related back-office function.
• Basic accounting knowledge, including an understanding of debits and credits.
• An equivalent combination of education and experience.