Supervisor, Trade Settlement – Wealth Operations

Posted Yesterday
Be an Early Applicant
2 Locations
In-Office
64K-85K Annually
Mid level
Fintech • Financial Services
The Role
Supervise staff and processes for clearance and settlement of stocks, bonds, mutual funds and ACM settlements (domestic and foreign). Monitor settlement activity, manage liability and risk, ensure compliance and audit requirements, lead conversions/testing with zero defects, oversee workflow, and coach and develop team members.
Summary Generated by Built In

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

Annual Salary: $63,500.00 - $85,000.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to supervise staff and processes associated with clearance and settlement of stocks, bonds, mutual fund trades and ACM Settlement in both foreign and domestic markets.

Work Schedule

  • Monday - Friday 8:00 AM - 5:00 PM

Essential Functions

  •  Supervise staff and processes associated with clearance and settlement of stocks, bonds, mutual fund trades and ACM Settlement in both foreign and domestic markets

  • Monitor and direct all daily, weekly, and monthly settlement activity to ensure accurate and efficient processing within the area

  • Manage liability to reduce risk of inaccurate settlement processing of stocks, bonds, mutual fund trades and ACM Settlement to avoid monetary risk, significant reputational risk with high net-worth clients, exposure to large fee losses from Trust Clients, and confidence risk with administrators and portfolio managers 

  • Ensure all compliance related requirements for Audit/Compliance are completed to ensure no violations occur

  • Develop comprehensive conversion and testing plans and successfully implement new enhancements with zero defects

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

  • Provide guidance to team members 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 Trust or security asset types, settlement processes and depository settlement information

  • Ability to collaborate successfully with both administrative and portfolio managers to ensure Trust Client requirements are exceeded

  • Ability to recommend changes for process improvements and recognize project related cross-functional impact

  • Ability to coach and develop team members with proven experience to build teams within area of influence

  • 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 written

  • Ability to remain adaptable and resilient in all situations with an optimistic outlook and cast a positive show aligned with our culture and core values

  • Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook

Education & Experience

  • Bachelor’s degree or equivalent combination of education and experience required

  • 3+ years of Trust Operations Experience or equivalent required

  • 2+ years of asset management experience required

  • 1+ years leadership experience required

  • Experience in Management Reporting required

*Onsite 4 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, Trade Settlement - Wealth Operations or Senior Supervisor, Trade Settlement - Wealth Operations level 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 $63,500 to $85,000 annually.

#LI-KD1

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

Skills Required

  • Strong knowledge of Trust or security asset types, settlement processes and depository settlement information
  • Ability to collaborate with administrative and portfolio managers to meet Trust Client requirements
  • Ability to recommend process improvements and recognize cross-functional project impact
  • Ability to coach and develop team members and build teams within area of influence
  • Self-starter with strong decision-making and effective verbal and written communication skills
  • Ability to remain adaptable and resilient with an optimistic outlook aligned with company culture
  • Intermediate proficiency with Microsoft Word, Excel, Teams, and Outlook
  • Bachelor's degree or equivalent combination of education and experience
  • 3+ years of Trust Operations experience or equivalent
  • 2+ years of asset management experience
  • 1+ years of leadership experience
  • Experience in Management Reporting

Commerce Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Commerce Bank and has not been reviewed or approved by Commerce Bank.

  • Healthcare Strength Feedback suggests medical coverage is robust with multiple plan options through major carriers and added programs like Hinge Health, Virta, and an EAP. Preventive care emphasis and digital care resources indicate strong day‑to‑day health support.
  • Leave & Time Off Breadth Feedback suggests time off is comprehensive with vacation, sick/personal time, holidays, parental leave, volunteer time off, and a vacation purchase program. Flexible schedules further support effective use of PTO.
  • Retirement Support Feedback suggests retirement benefits are solid with a structured 401(k) and a tiered company match on the first portion of pay. The design increases support with age and service, signaling commitment to long‑term savings.

Commerce Bank Insights

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The Company
HQ: Kansas City, MO
3,965 Employees

What We Do

At Commerce Bank, we know life’s best moments can come with some financial complexity. Our job is to help people and businesses navigate challenges so they can get back to focusing on what matters most. We do this by getting to know our customers and communities and accepting their goals as our own to deliver the right financial solutions and guidance. It’s what we’ve done for more than 150 years. We’re a regional bank headquartered in Kansas City and St. Louis, delivering a full line of financial services including business and personal banking, checking, savings, loans (including mortgages and student loans), credit and debit cards, plus investment services and wealth management.

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