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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.:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.



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

Were you recognized for meeting or exceeding expectations?

4.0

Did you feel like your personal contribution was important?

4.0

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




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