Senior Securities Specialist - Asset Set-Up

The main purpose of this job is to establish New Assets on the system within security guidelines established by Commerce Trust including both the Equity, Fixed Income Investment, and Special Asset Advisors/Portfolio Managers. Work Schedule: Monday - Friday 10:00 AM - 7:00 PM or Monday - Friday 9:00 AM - 6:00 PM.

Responsibilities

Establish New Assets on the system within security guidelines established by Commerce Trust including both the Equity, Fixed Income Investment, and Special Asset Advisors/Portfolio Managers; Complete set-up requirements, including the assignment of asset reporting and processing types, as well as market capitalization and investment style, which drives statement and client presentation reporting; Complete asset pricing on traded and non-traded assets covering daily, weekly, and monthly requirements; Perform complex pricing calculations on Alternative Asset Types and Collateral Pricing requirements; Complete all Asset Compliance Requirements such as Regulatory ASC820 Reporting, Stale Pricing Requirements, Quarterly IRA Pricing Review; Conduct quality reviews, including asset rate and maturity date reviews, and complete asset review requests from administrators; Demonstrate subject matter expert (SME) level knowledge of traded securities and complex asset types; Ensure accurate processing to avoid downstream impacts and reputational risk; Identify and mitigate liability risks associated with asset or settlement activities; Monitor, research, and resolve discrepancies or out-of-balance conditions; Identify opportunities for process improvement and operational efficiencies; Perform special project-related work as assigned

Requirements

Strong knowledge of Traded/Non-Traded Security Types and the impact various set-up functions have on other aspects of security processing; Strong analytical and critical thinking skills with ability to solve complex issues and make decisions; Strong customer service skills; Ability to think with a growth mindset and recommend ways to streamline processes for efficiency; Ability to work independently, prioritize and perform varied assignments with frequent distractions; Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities; Inquisitive, agile, and strong collaborator with strong 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; Advanced level proficiency with Microsoft Word, Excel, Teams, and Outlook; Associate's degree or equivalent combination of education and experience required; 3+ years of Financial Services Industry related experience with securities knowledge required

Benefits

employer sponsored health, dental, and vision insurance; 401(k); life insurance; paid vacation; paid personal time; career development; education assistance; voluntary supplemental benefits