Trust Specialist III - Officer

Posted on: 2006-01-13

Colleen M. Allen 7260 South Shore Drive #2B Chicago, Illinois 60649 (773) 734-0087 Residence EMPLOYMENT HISTORY LaSalle Bank – Trust Operations, - Chicago, IL Trust Specialist III – Officer: 08/2004 – 05/2005 Responsible for Income Collections for Security Lending Domestic Program. Maintained a very close relationship with Custodian Bank (UBOC) Union Bank of California and Investment Advisor Managers by corresponding through e-mail and telephone. Balanced Dividend and Interest payments; processed GNMA/FNMA payments and Bond Maturities. Researched and Reconciled account Receivable/Payable unpaid exception items. Processed Dividend and Interest checks/wires in Client’s name and LaSalle Bank name. Assisted Administrators/Officers and various departments within Trust Operations; REORG and Mutual Funds. GE Capital – Real Estate, - Chicago, IL Administrative Assistant – Contractual: 01/2004 – 08/2004 Assisted Corporate Regional Counsel, updated/maintained Litigation old/new files and general office functions. OPPENHEIMER & CO. – Chicago, IL Sales Assistant: 1999 – 2003 Worked and assisted in a team/Partnership environment with 2 Brokers for high net wealth clients in the 39% tax bracket, managed Wrap accounts. Opened new accounts and maintenance of existing accounts, Individual, IRA, Trust and Managed. Provided variety of administration support for Brokers and Investment Advisors. Checked trade information and confirmed trade settlement, interacted daily with world markets/Custodian agent, Broker commissions, give stock quotes, and process checks/wires and pay invoices. Prepared Broker monthly expense reports; realize gain/loss reports for clients as well as their accountants. Worked on special projects when assign. Holland Capital Management, Inc., - Chicago, IL Portfolio Administrator: 01/ 1999 – 11/ 1999 Assisted Sr. Equity Trader and Fixed Income Portfolio Manager in daily trading activities. Provided accounting and investment services for public funds, endowment funds, corporate clients, and high net-worth individuals totaling in $700 million in company assets. Conducted research and responded to requests for proposals and consultants questionnaires for prospective clients. Prepared and update firm marketing materials. Generated monthly/quarterly Performance reports. EVEREN Securities, Inc. - Chicago, IL Account Administrator - Asset Management: 1996 - 1999 Opened and maintained of various managed accounts. Provided administrative/operational support to branch personnel. Served as a liaison between the Investment Consultants and Investment Managers. Engaged in strategic problem solving to ensure client satisfaction. Assisted with all day to day processing in activating Asset Management products. Support for answering questions, Billing process, fees, and performance monitoring/back office procedures for managed accounts. Colleen M. Allen 7260 South Shore Drive #2B Chicago, Illinois 60649 (773) 734-0087 Residence Page 2 0f 2 Hamilton Investments - Chicago, IL Dividend/Interest Specialist II: 1993 – 1995 Responsible for allotment of funds for FNMA/FHLMC and GNMA/CMO’s Collateral Mortgage Obligation Bond payments. Balanced and researched Federal and Bank statement. Reconciled general ledger accounts and claimed cash dividends for Stock Loans. Researched/Reconciled dividend and interest for payments for Payable/Receivable items. Processed Optional dividends, warrant and spin offs. Assisted with reconciled and research of Mutual funds. Chicago Title and Trust Company - Chicago, IL Trust Applications Assistant: 1991 – 1993 Assisted Senior Vice President on out of balance cash ledge entries and off line ledge system. Supported Trust Administrators and Personal Bankers researching memos inquire regarding Trust Accounts; dividends, interest payments and Promissory Notes etc. Were responsible for balancing and generating Rate of Return reports on Trust Accounts. Assisted Income Collections department on out of balance dividends/interest payments. Worked on special projects when assigned. Old Kent Bank - Chicago, IL Research Analyst: 1986 – 1991 Were responsible for the day to day Reconciling/Processing and allotment of Dividends payments: Stock Splits, Stock Dividends/Stock Loans, Bond Interests, Mutual Funds payments and REORG items. Worked directly with Transfer Agents, Paying Agents, and Custodian Banks like Depository Trust Company (DTC), FED and Mutual Family Funds. Provided support to various departments Purchase and Sales (PS) and Trade Settlement with Stocks, Bonds and Cusip issues. Assisted Cashier/Cage area with ACATS transfers, delivery/receive of physical Stocks and Bonds, checks and wires. Served as a miscellaneous Coordinator with company’s internal operational mergers, reconciling cash offline systems and worked special projects when assigned. Balanced Accounts Payable/Receivable to pay claims/claims going out for Dividends/Interest payments. Northern Trust Company - Chicago, IL Dividend/Interest Clerk: 1984 – 1986 Balanced/Reconciled record date/payable date Stock reports against Depository Trust Company (DTC) record date/payable reports. Were responsible for moving foreign stock positions from unfavorable to favorable positions using DTC terminal. Balanced/Reconciled Interest payable for Corporate/Municipal Bond payments. Reconciled Account Payable/Receivable long and short cash dividend positions. Made claims to Banks, Brokerage Firms for Dividend/Interest payments and Stock Dividends on Stock Loans. Skills 10 Key Adding Machine - by touch Typing (50 wpm) Applications and Software: Windows 2000, Microsoft works WordPerfect, Microsoft Excel 2000 IBM PC Windows 2000, CRT Systems, ADP and Security APL SUNGUARD – Global Plus SEI Investments – Trust3000 Anywhere EDUCATION Harold Washington College, Chicago, IL, A.A., Liberal Arts, 1982. George Williams College, Downers Grove, IL Attended, 1978 - 1979.