Supervisor, Income Wealth Operations

job
  • Commerce Bank
Job Summary
Location
Kansas City ,MO 64105
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
10 Mar 2025
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Job Description
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

Annual Salary: $62,000.00 - $83,000.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to serve as a liaison with Commerce Trust Company (CTC) Front Office and Management teams. Coordinate daily activities within Income Unit, Audit/Compliance and Tax Department interaction as they pertain to unit, regulatory compliance and process oversight.

Essential Functions

Monitor unit and individual goals for Associates within Income unit

Ensure unit adherence and compliance with laws and regulations that impact Income Unit

Ensure adequacy of internal controls, recommend changes as appropriate, and implement approved changes

Direct the preparation and ongoing maintenance of comprehensive desk top procedures for all functions within range of functional responsibilities

Ensure compliance with Trust Department policies and practices as they pertain to unit

Ensure timely clearance of both Cash and Position reconciliation exceptions that pertain to unit

Daily monitoring of House, Suspense and Float Accounts that are used by Income associates

Oversee department workflow and effectively communicate decisions, priorities and relevant information to team members

Provide guidance to employees on departmental projects/issues, coach and develop training plans, lead development conversations and answer day-to-day questions for team members

Perform other duties as assigned

Knowledge, Skills & Abilities Required

Strong knowledge of and experience in the Securities Processing industry and with trust accounting systems

Ability to develop and coach team members with proven ability to achieve results through collaboration and teamwork

Self-starter with strong decision-making skills and the ability to effectively communicate and interact with all levels of the company, clearly expressing ideas and concepts, both verbally and in writing

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

Bachelor’s in Business, Finance or Accounting or equivalent combination of education and experience required

3+ years Previous Supervisory/Management experience required

1+ years leadership experience required

*Hybrid Schedule: In office 2-3 days per week

**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 Supervisor & Senior Supervisor, Income – Wealth Operations 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 $62,000 to $83,000 annually.

#LI-Hybrid

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: 811 Main St, Kansas City, Missouri 64105

Time Type:

Full time
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