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The Bank Of New York Trust Company, N.A. Work Values
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Daily Duties at The Bank Of New York Trust Company, N.A.:
* Ensure proper administration of institutional custody accounts, managing a portfolio with more than 150 complex clients and a market value of over $15 billion. * Leverage knowledge of market sectors, including Endowments & Foundations, State Pension Plans, Limited Partnerships, Mutual Funds, Corporate Accounts, Taft Hartley Accounts, ERISA, Insurance, and Banking. * Build and maintain productive relationships with diverse clients, forming a strong rapport with staff at all levels. * Review trust documents and limited partnership agreements for compliance with Trust and company policies. * Analyze and balance accounts on a daily basis to identify and resolve variances. * Invest cash into money markets in accordance with established account plans and risk parameters. * Remit outgoing wires pursuant to customer directives and confirm proper processing of transactions. * Manage receipt, re-registration, and deposit of physical certificates from clients with responsibility for ensuring proper handling throughout the entire process. * Coordinate with Accounting to ensure audited statements are provided to clients by deliverable dates. * Conduct in depth annual account reviews to verify accuracy and completeness of information, as well as adherence with all applicable bank and regulatory policies.
What they like about The Bank Of New York Trust Company, N.A.:
A hiring company that offers alternative approaches to pay, performance bonuses, and/or equity in the firm is very attractive to you. You're generally less interested in working for an organization offering only traditional, salary-based compensation, one with limited opportunity to acquire equity in the firm, or one that does not actively promote skill development. In addition, you are more likely to choose a company that offers a variety of internal career options, with defined career paths. You view the learning of new skills and development of your expertise as key to your career advancement. These aspects of an organization may become even more important to you as you progress in your field, and are especially critical if you change career or occupation.
Information about The Bank Of New York Trust Company, N.A.
Company Rank: 3.0 out of 5
Average length of employment : 25 years
Average salary of employees: $64,800
These are some of the questions we asked our climbers about their experiences with The Bank Of New York Trust Company, N.A.:
05| | ||
Were your performance expectations clearly communicated? | 5.0 |
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Were you recognized for meeting or exceeding expectations? | 4.0 |
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Did you feel like your personal contribution was important? | 4.0 |
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Was your career path clearly outlined and discussed? | 3.0 |
03| | ||
I would recommend this as a place of employment. | 2.0 | |
I believe in the purpose of this organization. | 3.0 | |
I would work for this organization again. | 2.0 | |
I feel employees are fairly compensated. | 2.0 |
