GTC Transactional Specialist

GENERAL DESCRIPTION OF POSITION

The GTC Transactional Specialist is responsible for the timeliness and accuracy of all document processing for distribution transactions.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Receives and maintains transactional documents for processing of any outgoing funds via withdrawal or transfer request. 

2. Completes annual required minimum distribution (RMD) process for IRAs including notification to account holders, election of payments, letters of explanation and establishing transfers for monthly, quarterly or semiannual payments.

3.  Reviews and prepares distributions such as Recharacterizations, Conversions, Secondaries, etc. 

4. Follows-up with customers on outstanding documentation required for completion of files. 

5. Ensures quality control of all documents prior to sending to appropriate department for additional processing; and.

6. The ability to work in a constant state of alertness and in a safe manner. 

7. Completes required BSA/AML training and other compliance training as assigned. 

8. Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

High school or GED, plus specialized schooling and/or on the job education in a specific skill area; e.g. data processing, clerical/administrative, equipment operation, etc, plus 7 to 11 months related experience and/or training, or equivalent combination of education and experience.

COMMUNICATION SKILLS

Ability to read and understand simple instructions, short correspondence, notes, letters and memos; ability to write simple correspondence. ability to read and understand documents such as policy manuals, safety rules, operating and maintenance instructions, and procedure manuals; ability to write routine reports and correspondence.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to prepare and interpret bar graphs.

CRITICAL THINKING SKILLS

Ability to use common sense understanding in order to carry out detailed written or oral instructions. Ability to deal with problems involving a few known variables in situations of a routine nature.

REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

Not indicated.

SOFTWARE SKILLS REQUIRED

Basic: 10-Key, Accounting, Alphanumeric Data Entry, Spreadsheet, Word Processing/Typing

WORKING CONDITIONS

Periodically exposed to such elements as noise, intermittent standing, walking, pushing, carrying, or lifting; but none are present to the extent of being disagreeable.

ENVIRONMENTAL CONDITIONS

The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually quiet.

PHYSICAL ACTIVITIES

The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.

Moderate diversity, low physical. Work activities which allow for a moderate amount of diversity in the performance of tasks which are not as varied as those positions with high-level diversity and decision-making.

While performing the functions of this job, the employee is frequently required to use hands to finger, handle, or feel, talk or hear; and occasionally required to stand, walk, sit, reach with hands and arms, stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.

ADDITIONAL INFORMATION

-Must be proficient in Microsoft Office applications, Internet, e-mail and a working knowledge of accounting software
-Must have excellent organizational, interpersonal and communication skills
-Must be able to multi-task and be detail oriented
-Must have the ability to interpret documents such as operating instructions and procedure manuals
-Must have the ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form
-Must have the ability to deal with problems involving several concrete variables in standardized situations
-Must have working knowledge of accounting principles to include G/L processing