Vp, Institutional Custody Administration

Macatawa Bank

Chicago, IL, United States
Base: $71,000 - $92,000; bonus/equity: annual bonu...
Institutional custody operations
Asset safekeeping and settlement
Client service and request management
The Vice President, Institutional Custody Administrator serves as the primary point of contact for Wintrust Private Trust Company with Great Lakes Advisors relationship managers when WPT is asked to serve as Custodian over a GLA managed account/relationship

Job Summary

  • The Vice President, Institutional Custody Administrator serves as the primary point of contact for Wintrust Private Trust Company with Great Lakes Advisors relationship managers when WPT is asked to serve as Custodian over a GLA managed account/relationship.
  • This role will oversee asset transfer, support onboarding of large relationships, cash management, safekeeping, trade settlement, and reporting functions, maintaining a strong internal control environment aligned with WPT’s and Wintrust’s enterprise risk framework.
  • The company offers a competitive pay and annual discretionary bonus eligible, a comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement.

Matching Summary

The Vice President, Institutional Custody Administrator serves as the primary point of contact for Wintrust Private Trust Company with Great Lakes Advisors relationship managers when WPT is asked to serve as Custodian over a GLA managed account/relationship.

Salary

Base: $71,000 - $92,000; Bonus/Equity: Annual bonus eligible; Benefits: Comprehensive benefit package

Skills & Requirements

Must-have

  • Institutional custody operations
  • Asset safekeeping and settlement
  • Client service and request management
  • Regulatory adherence (OCC fiduciary standards)
  • Internal control environment maintenance

Nice-to-have

  • Award-winning culture
  • Family-friendly work hours
  • Promote from within culture
  • Inclusive workplace

Key Requirements

  • 7-10 years of bank trust department or institutional custody experience
  • Bachelor’s degree in finance, Accounting, Business, or related field
  • Solid investment knowledge with specific proficiency in bond accounting
  • Familiarity with core trust accounting systems (FIS Trust Desk or similar platforms)
  • Advanced fiduciary discipline
  • Deep regulatory fluency

Work Rights

Not specified

Tailored Resume

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