Utility Specialist - Wealth Operations

Job Title

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

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.

Location: 922 Walnut St, 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.

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.