About Working at CommerceÂ
Building a career here is more than just steps on a ladder. Itâs about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesnât stop there. Our culture is about our people, the ones in our communities and the ones that work with us. Â
Here, youâll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. Youâll have the space and resources to grow into the best version of yourself. Because our number one investment is you.
Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and letâs talk.Â
Compensation Range
Hourly: $19.00 - $21.90 (Amount based on relevant experience, skills, and competencies.)About This Job
The main purpose of this job is to monitor and post all domestic and foreign securities related dividends, interest, and principal pay-down payments to the Commerce Trust Company client accounts. Â This includes ensuring funds owed to clients are posted timely and accurately to their accounts.
Work Schedule
Monday - Friday: 8:00 AM - 5:00 PM
Essential Functions
Monitor and pre-balance all Income event notice reports to ensure timely and accurate posting to client accounts. This may include income received from various custodians and investment vehicles.
Post income to the client accounts on payable date and/or upon receipt from custodian and escalate missing income to the custodian and/or management team as appropriate
Monitor and research out of balances appearing on Income related reconciliation reports
Resolve out of balance conditions in support of having client accounts properly updated on a timely fashion
Perform other duties as assigned
Knowledge, Skills & Abilities Required
Basic knowledge of Traded Security Types and how various event types impact downstream security processing, including pending cash trades and free activity
Ability to recognize the critical impact of accurate processing and how it affects downstream processes
Good analytical and critical thinking skills with ability to solve challenging issues and make decisions
Ability to communicate with various levels of business partner leadership
Ability to work independently, prioritize and perform varied assignments with frequent distractions
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile, and good collaborator with good written, verbal, and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that aligns with our culture and Core Values
Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook Â
Education & Experience
Associateâs degree or equivalent combination of education and experience required
2+ years of Financial Services Industry related experience with securities knowledge preferred
*** For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles. This compensation range is for the Income Specialist â Wealth Operations job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $19.00 to $21.90 per hour.
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The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here to learn more.
Location: 922 Walnut St, Kansas City, Missouri 64106Time Type:
Full timecommercebank