What are the responsibilities and job description for the Manager - Inst. Custody Client Service Team position at UMB Bank?
The Institutional Custody team provides custody services to large global and domestic institutional clients. Our clients include mutual funds, hedge funds, alternative investment managers, insurance companies, municipalities, endowments, pension plans, corporate entities, and government investment pools.
The Institutional Custody Administration Manager position provides supervision for daily operational and client-facing activities. IC Managers lead a team of 5-8 associates and interact through formal and informal means to develop a productive, engaged work force. Managers are responsible for executing daily, weekly and monthly controls to reduce risk to the organization. This role ensures our team members are properly developed to carry out their daily responsibilities and effectively service business partners. Managers serve as an escalation point for administrators, clients and other internal departments, and participate in process improvement or other strategic initiatives.
This position reports to a senior manager, and duties include managing associates, procedure reviews, completing audits, approving transactions throughout the day, oversight of the holistic process workflow for large money movement and trade executions (including foreign trades and wires), cross-departmental process improvement initiatives, managing overtime, and leading/developing team members.
Working in the Institutional Custody Administration team can be fun, challenging, fast paced, and collaborative. As a group we are independently serving clients, but we rely heavily on teamwork and shared knowledge to be successful as a unit. There are often deadlines we rally around as a team. We pride ourselves on being a welcoming and positive space and teammates are always happy to share their knowledge and help those around them grow!
We’re excited to talk with you if
$57,760.00 - $124,170.00
The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.
If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
The Institutional Custody Administration Manager position provides supervision for daily operational and client-facing activities. IC Managers lead a team of 5-8 associates and interact through formal and informal means to develop a productive, engaged work force. Managers are responsible for executing daily, weekly and monthly controls to reduce risk to the organization. This role ensures our team members are properly developed to carry out their daily responsibilities and effectively service business partners. Managers serve as an escalation point for administrators, clients and other internal departments, and participate in process improvement or other strategic initiatives.
This position reports to a senior manager, and duties include managing associates, procedure reviews, completing audits, approving transactions throughout the day, oversight of the holistic process workflow for large money movement and trade executions (including foreign trades and wires), cross-departmental process improvement initiatives, managing overtime, and leading/developing team members.
Working in the Institutional Custody Administration team can be fun, challenging, fast paced, and collaborative. As a group we are independently serving clients, but we rely heavily on teamwork and shared knowledge to be successful as a unit. There are often deadlines we rally around as a team. We pride ourselves on being a welcoming and positive space and teammates are always happy to share their knowledge and help those around them grow!
We’re excited to talk with you if
- You have at least 5 years of experience in Financial Services or Bank operations; Custody or Fund Accounting experience preferred
- You have a bachelor’s degree or equivalent work experience
$57,760.00 - $124,170.00
The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.
If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
Salary : $57,760 - $124,170