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Trust vault clerk skills for your resume and career
7 trust vault clerk skills for your resume and career
1. Journal Entries
Journal entries can be defined as an act of keeping or making records of any transactions either economic or non-economic. The journal entries are made in the accounting systems of an organization. The entries are filled with two main fields; debit and credit. The debit and credit must be equal at the end of a journal entry else it is not considered correct. The journal entries also keep the date of transactions and the names of the accounts that were affected by the transactions.
- Processed journal entries, online transfers and payments.
- Detail oriented with exceptionally strong analytic skills; Prepare journal entries, reconciliations and analysis of various inventory and warranty assets
2. Trust Accounts
- Coordinated posting of payments to Trust Accounts for rental properties, oil royalties, mortgages, promissory notes and partnerships.
- Set up new trust accounts for our customers and paid their bills using funds in their trust accounts.
3. ACH
Automated Clearing House, ACH is a computerized electronic network to process, coordinate and manage transactions (credit and debit) and automated money transfers between banks and other financial institutions without the use of paper checks, electronic transfers, credit cards, or cash networks. The ACH network is regulated by the federal government and managed by the National Automated Clearing House Association (NACHA).
- Process payments/wires, ach, checks in form of payment.
- Run checks: select bills in Quick Book and export ACH file from treasury software, upload it to the portal.
4. Bonds
- Processed redeemable bonds and ensured timely payments to customers.
- Transferred and maintained municipal bonds.
5. Securities
- Vault maintenance- placing physical securities within the secured vault area as well as removing securities which were being modified and/or moved.
- Examine securities deposited for safekeeping, verifies descriptions and signatures, and files securities according to detainee names and alien number.
6. Loan Payments
- Maintained accountability while managing cash/checking deposits, processing loan payments, opening accounts getting direct deposits accounts activate ATM/debit cards.
- Process transactions, such as cashing checks, processing loan payments, withdrawals, and deposits.
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- Worked from on-line database in communicating with pharmacies, hospitals, and medical providers in validation of Medicaid services and eligibility.
- Complete accurate demographic and insurance information, including verification of insurance according to private, Medicaid, and/or Medicare guidelines.
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List of trust vault clerk skills to add to your resume
The most important skills for a trust vault clerk resume and required skills for a trust vault clerk to have include:
- Journal Entries
- Trust Accounts
- ACH
- Bonds
- Securities
- Loan Payments
- Medicaid
Updated January 8, 2025