Commerce Bank
Securities Specialist - Trust Settlements
Commerce Bank, Kansas City, Missouri, United States, 64101
Job Opportunity At Commerce Bank
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 Location: 922 Walnut St, Kansas City, Missouri 64106 Time Type: Full time
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 Location: 922 Walnut St, Kansas City, Missouri 64106 Time Type: Full time