Reconciliation Analyst - Wealth Operations

About This Job

The main purpose of this job is to complete high volume, complex reconciliations of products and services offered across Commerce Bank.

• Perform daily, weekly and monthly reconciliation responsibilities in a timely and accurate manner
• Execute reconciliation of complex accounting activities, including processes of multiple financial product offerings, General Ledger Accounts, and various banking activities
• Ensure all aged items are researched and resolved in an effective and efficient manner according to the aged item parameters
• Resolve extraordinarily complex reconciliation issues to limit financial liability and exposure to the organization
• Perform reconciliations on large Suspense Accounts with 3,000 plus items a day, which are monitored by the Assistant Controller of Commerce Bank
• Ensure all reconciliation processes meet or exceed procedural requirements
• Participate in projects to support future initiatives, such as implementing new and upgraded technologies to achieve established goals
• Represent line of business on projects acting as subject matter expert when appropriate
• Create or update procedures on various job functions
• Perform other duties as assigned

• Strong knowledge of banking products and services
• Strong knowledge of complex accounting functions
• Strong analytical and problem‑solving skills to research and resolve discrepancies
• Strong knowledge of EIB Workday Uploads, DFE Uploads, and other import methods
• 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
• Advanced level proficiency with Microsoft Word, Excel, Teams and Outlook

• Bachelor’s degree in Accounting or equivalent combination of education and experience required
• 5+ years reconciliation experience required, preferably in financial services
• Experience in complex, high volume account reconciliation preferred

*** 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 Analyst 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 $23.80 to $27.65 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.

Location:

922 Walnut St, Kansas City, Missouri 64106

Time Type:

Full time