Senior Funds Processor - Capital Markets Group
Commerce Bank

Job Info

---

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: $22.60 - $26.70 (Amount based on relevant experience, skills, and competencies.)

About This Job

Primary responsibilities will include processing security pledging, 1099 documents and facilitating pledge agreements for Capital Market client accounts. In addition, candidate will cross train on the other desks related to Commerce Trust and Capital Markets Accounting team, including wire processing, issuing checks, cash balancing, reconciliation, and mail distribution as well as, cross training on Supervisory monthly reporting responsibilities, including budget reporting, Performance Metric tracking and providing day to day assistance to the team. Candidate will also assist with special projects as assigned by the management team.

Essential Functions

• Facilitate pledge agreements when a customer establishes new public entity
  
• Create and send month end reports to state treasurers
  
• Receive and review month files sent from Wall Street Concepts
  
• Serve as Subject Matter Expert for Capital Markets 1099 reporting
  
• Create and send credit advices, maturity notice, custody receipts and confirms
  
• Monitor Internal resource mailbox and disperse appropriately
  
• Perform other duties as assigned.
  

Knowledge, Skills & Abilities Required

• Intermediate knowledge of the banking industry, including best practices
  
• Excellent customer service skills
  
• Ability to learn new processes quickly and process moderately complex transaction independently
  
• Ability to learn and understand Commerce systems, platforms, and products
  
• Ability to be proactive and ask questions, offer solutions, and retain and apply information to future situations
  
• Proven ability to complete higher complexity processes
  
• Ability to work on special projects and assignments independently or is a group
  
• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
  
• Inquisitive, agile, and strong team player with excellent 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 degree or equivalent combination of education and experience required
  
• 4+ years' experience in securities cashiering/bond, safekeeping, brokerage, trust operations or previous customer service in banking or other financial fields required
  
• 1+ years experience with InTrader Bond Trading system, Bloomberg, Wall Street Concepts, FIS Accounting system 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 CMG Funds Processor level 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, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $22.60 to $26.70 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.

#LI-Hybid

Location: 811 Main St, Kansas City, Missouri 64105

Time Type:
Full time

This job has expired.