Kansas City, MO, 64106, USA
1 day ago
Senior Securities Specialist – Wealth Operations
About Working at Commerce Building a career here is more than just steps on a ladder. It’s 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 doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us. Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll 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 more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. Compensation Range Hourly: $23.20 - $26.90 (Amount based on relevant experience, skills, and competencies.) About This Job The main purpose of this job is to monitor and process industry CMG Trade Settlement activity as well as, resolve reconciliation breaks, failed trade activity, money market repo trade settlement and assist with client trade inquiries, while ensuring timely and accurate posting for events within the CMG business line. Essential Functions + Demonstrate subject matter expert (SME) level knowledge of traded securities asset types as well as securities activities such as securities trading, securities settlement, free activity, and securities income + Process trade settlement activity associated with various functions within the CMG business line + Ensure processing performed accurately to avoid critically impacting downstream processes and inaccurate client reporting, that may result in reputational loss with clients and advisors + Monitor, research, and resolve out of balances appearing on CMG related reconciliation reports + Perform complex problem resolution on CMG inquiries + Identify and prevent liability risks related to event types for CMG Settlement Activity + Identify opportunities for process improvement and process efficiencies + Perform special project related work as assigned Knowledge, Skills & Abilities Required + Strong knowledge of Traded/Non-Traded Security Types and the impact various set-up functions have on other aspects of security processing + Strong analytical and critical thinking skills with ability to solve complex issues and make decisions + Strong customer service skills + Ability to think with a growth mindset and recommend ways to streamline processes for efficiency + 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 strong collaborator with strong 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 is aligned with our culture and Core Values + Advanced level proficiency with Microsoft Word, Excel, Teams, and Outlook Education & Experience + Associate’s degree or equivalent combination of education and experience required + 3+ years of Financial Services Industry related experience with securities knowledge required **Hybrid Schedule: In office minimum 2 days per week ***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 Senior Securities Specialist - Wealth Operations job and contemplates a wide range of factors that are considered in 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 $ 23.20 to $ 26.90 per hour . #LI-Hybri 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 (https://careers.commercebank.com/us/en/benefits) to learn more. Location: 922 Walnut, Kansas City, Missouri 64106 Time Type: Full time Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team. Why Commerce? (https://www.commercebank.com/careers/about-commerce) Inclusion at Commerce How to Join Our Team (https://www.commercebank.com/careers/how-to-join-our-team) Want to be notified of positions that fit your preferences? Follow these easy steps: + Create a Candidate Account at the top of the page by selecting "Sign In" upper right corner + Sign-up up for Job Alerts + We’ll contact you about positions that match your skills and interests Equal Opportunity Employer Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, color, ancestry, ethnicity, gender identity, gender expression, sex, sexual orientation, disability (including physical or mental handicap), age, veteran status, military status, national origin, religion, pregnancy status, marital status, genetic information, or any other status protected by applicable federal, state or local law.
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