Accueil >  Term: trust-vault clerk
trust-vault clerk

A professional who compiles security transaction records and receives and delivers securities to and from trust vault. Responsibilities include:

  • Opens combinations on cabinets in vault.
  • Examines securities deposited for safekeeping, verifies descriptions and signatures, and files securities according to customer names and account number.
  • Records securities transactions including purchases, exchanges, and stock splits to maintain control of customer accounts.
  • Releases securities from vault upon authorized request.
  • Acts as agent for bank by observing bank auditors auditing securities in vault.
  • May examine collateral to ensure conformity with loan specifications.
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Créateur

  • Jason F
  • (United States of America)

  •  (V.I.P) 16216 points
  • 100% positive feedback
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