Wealth Management Bill Pay Associate

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

Hourly: $18.00 - $21.15 (Amount based on relevant experience, skills, and competencies.)

The Wealth Management Bill Payment Associate is the primary point of contact for Private Client & Institutional Administrators within the Commerce Trust Company. The primary focus is servicing and processing for time sensitive, high-risk transactions for Private Client, Institutional, Family Office, and Real Estate Administrators. The Bill Payment Associate also serves as a liaison between the Advisors and other departments of the Trust Company including Operations, Audit, Compliance, Legal and Tax. This position plays a key role in how new customers form their first and ongoing impressions of the Trust Company. This requires excellent relationship building skills, critical thinking, and the ability to make sound and prudent judgment on a simple perception of a situation. This role also requires excellent attention to detail along with a broad range of industry knowledge including current taxation and compliance regulations.

Essential Functions

• Ensure a timely, complete and accurate processing of bill payment transactions

• Facilitate all distributions related to the bill payment product offering; responsible for processing and/or quality review of one time and recurring distributions/receipts and cost basis, ensure all compliance requirements have been met and all processing and coding is complete, timely, and accurate

• Build and maintain relationships, ensure appropriate controls are in place for all processes related to the bill payment product offering; responsible for identifying accounts with past due bill payments, collaborating with the internal departments to identify clients with additional bill payments that can be serviced

• Drive process improvements, maintain documentation, and assist with projects and testing

• Work closely with other support teams within the Trust Company to resolve client transactions and with other team members to assist/backup during high volumes or absence

• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Basic knowledge of wealth management bill payment practices

• Strong business acumen and the ability to make timely and sound business recommendations

• Excellent customer service skills

• Ability to prioritize work to meet deadline and service level agreements

• Ability to thrive in a fast-paced environment while maintaining a high level of accuracy

• Strong analytical and critical thinking skills

• Ability to resolve problems and identify and drive process improvements

• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

• 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 and Outlook

Education & Experience

• Bachelor’s Degree in Finance or Accounting or equivalent combination of education and experience required

• 2+ years finance or investment management experience required

***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 Wealth Management Bill Pay Associate 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, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $18.00 to $21.15 per hour.

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, Kansas City, Missouri 64106

Time Type:

Full time