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Utility Specialist Accounting - Wealth Operations
- Commerce Bank (Kansas City, MO)
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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: $23.20 - $30.75 (Amount based on relevant experience, skills, and competencies.)
About This Job
The main purpose of this job is to coordinate and provide processing of backup during periods of high volume and staff absences for various functions of higher complexity.
Essential Functions
+ Process all daily wealth accounting processes, ensuring accuracy and timeliness
+ Perform end of day balancing routines, publish projected cash for final balancing daily as needed and monitor and post entries
+ Assist internal customers with processing questions as needed
+ Research and clear reconciliation outage
+ Assist department leadership to ensure processes and audits are completed timely and accurately
+ Serve as a backup during periods of high volume and/or staffing deficiencies
+ Train and develop team members in the assigned area of procedures and knowledge behind the procedures
+ Learn tasks independently using a wide variety of systems and procedures
+ Perform analysis on department data to identify trends and root causes to enhance the overall client experience
+ Independently assist department leadership with reporting as needed
+ Perform other duties as assigned
Knowledge, Skills & Abilities
+ Intermediate knowledge of banking industry and wealth management operations, including best practices and regulations of reconciliations
+ Strong analytical and critical thinking skills with ability to solve challenging issues and make decisions
+ Ability to train team members on department processes
+ Ability to think strategically with a growth mindset and look for ways to streamline processes for efficiency
+ 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
Experience & Education
+ Associate’s degree or equivalent combination of education and experience required
+ 2+ years financial services industry related experience required
**Level of role is determined by knowledge, experience, skills, abilities, and education
***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 Utility Specialist - Wealth Ops 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 $23.20 to $30.75 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 (https://careers.commercebank.com/us/en/benefits) to learn more.
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)
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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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