Kansas City, MO, USA
22 days ago
Securities Specialist - Trust Settlements

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 160 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: $20.90 - $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

Process trade settlement activity associated with various functions within the business line

Perform basic to moderate problem resolution on inquiries

Identify and potential liability risks related to event types for Settlement Activity

Demonstrate strong knowledge of traded securities and complex asset types

Ensure accurate processing to avoid downstream impacts and reputational risk

Help identify and mitigate liability risks associated with asset or settlement activities

Monitor, research, and resolve discrepancies or out-of-balance conditions

Knowledge, Skills & Abilities

Strong knowledge of Traded Security Types and the impact various set-up functions have on other aspects of security processing

Ability to recognize the critical impact of accurate set up 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 is aligned with our culture and Core Values

Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook

Education & Experience

Associate’s 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 Securities Specialist - Wealth Operations or Senior level 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 $20.90 to $26.90 per hour.

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 64106

Time Type:

Full time
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