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.) For more than a century, Commerce Trust has been a leading provider of wealth management services including financial planning, estate and tax planning, investment management, private banking and trust administration services. Our approach to wealth management means assembling a team of seasoned wealth management professionals across disciplines who collaborate to ensure each client’s financial journey is uniquely crafted for their goals. Commerce Trust is a division of Commerce Bank. About This Job The main purpose of this job is to establish New Assets on the system within security guidelines established by Commerce Trust including both the Equity, Fixed Income Investment, and Special Asset Advisors/Portfolio Managers. Essential Functions + Establish New Assets on the system within security guidelines established by Commerce Trust including both the Equity, Fixed Income Investment, and Special Asset Advisors/Portfolio Managers + Demonstrate subject matter expert (SME) level knowledge of traded and non-traded security types, alternative assets (Real Estate, Special Assets, Closely Held), and complex asset types such as CLO’s and the various set-up requirements (up to 40) for all asset types + Complete set-up requirements, including the assignment of asset reporting and processing types, as well as market capitalization and investment style, which drives statement and client presentation reporting + Ensure that Set-Up is performed accurately to avoid critically impacting downstream processes and inaccurate Client Reporting that may result in reputational loss with outside clients and advisors + Liability related impact such as capital calls on alternative assets + Complete asset pricing on traded and non-traded assets covering daily, weekly, and monthly requirements. This includes quality review functions to ensure Asset Market Value correctly reflected on High-Net-Worth Trust Client Reporting. + Perform complex pricing calculations on Alternative Asset Types and Collateral Pricing requirements Complete all Asset Compliance Requirements such as Regulatory ASC820 Reporting, Stale Pricing Requirements, Quarterly IRA Pricing Review + Research and make informed decisions related to Worthless Securities + Monitor various pricing and asset set-up reports to ensure accuracy and reasonability of data + Conduct quality reviews, including asset rate and maturity date revies, (called bond updates), and complete asset review requests from administrators + Identify opportunities for process improvement and process efficiencies including for advanced asset types such as alternative assets + 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 ***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-Hybrid 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.