What are the responsibilities and job description for the Reconciliation Specialist - Wealth Operations position at commercebank?
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: $19.00 - $21.90 (Amount based on relevant experience, skills, and competencies.) About This Job The main purpose of this job is to execute the reconciliation of general to medium range accounting activities. Essential Functions Perform daily, weekly, and monthly reconciliation responsibilities in a timely and accurate manner Execute the reconciliation of general to medium range accounting activities, including processes for multiple business line product offerings, General Ledger Accounts, house accounts, shadow accounts, position reconciliations and other various banking activities Ensure all aged items are researched and resolved in an effective and efficient manner according to the aged item parameters Resolve general reconciliation issues to limit financial liability and exposure to the organization Ensure all reconciliation processes meet procedural requirements Participate in process reviews to identify or recognize opportunities to enhance reconciliation processes procedures on various job functions Perform other duties as assigned Knowledge, Skills & Abilities Required General knowledge of banking products and services General knowledge of accounting functions Intermediate analytical and problem-solving skills to research and resolve discrepancies Ability to perform reconciliations effectively while assessed on timeliness, accuracy, and proactive resolution of outstanding expectations Ability to utilize intermediate problem-solving techniques to research and resolve discrepancies 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 General knowledge of banking products and services General knowledge of accounting functions Intermediate analytical and problem-solving skills to research and resolve discrepancies Ability to perform reconciliations effectively while assessed on timeliness, accuracy, and proactive resolution of outstanding expectations Ability to utilize intermediate problem-solving techniques to research and resolve discrepancies 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’s degree or equivalent combination of education and experience required 2 years Financial Services Industry related experience preferred Experience in account reconciliations preferred **Hybrid Schedule: In office a minimum of 2 days/week (after training) ***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 Reconciliation Specialist - Wealth Operations 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, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $19.00 to $21.90 per hour. #LI-MC1 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: 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. Why Commerce? Inclusion at Commerce How to Join Our Team Want to be notified of positions that fit your preferences? Follow these easy steps: Create a Candidate Account at the top of the page by selecting "Sign In" upper right corner Sign-up up for Job Alerts We’ll contact you about positions that match your skills and interests 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.