Alternative Investment Institutional Specialist II

The UMB Registered Fund team manages the daily accounting, tax, audit, administration, and operational tasks for mutual fund and collective trust clients.

As the Alternative Institutional Inst. Specialist II
, you will interface with the National Securities Clearing Corporation (NSCC) to process mutual fund trades in the Transfer Agency System. This role is hybrid (4 days on-site) for candidates in the Milwaukee area.

• Establish brokers on the TA system
• Process commission and 12b 1 payments
• Resolve exceptions relating to NSCC settlements
• Ensure accurate cash movements
• Work closely with brokers, client personnel and various internal departments to process work accurately and on a timely basis and to resolve problems
• Other duties as assigned

• You have a bachelor’s degree OR combination of related experience and education may be considered in lieu of the four-year degree requirement
• You have at least 1 year of experience within the financial service industry
• You have excellent analytical, problem solving and mathematical skills
• You have demonstrated ability to work independently and within a team
• You have a high level of attention to detail and organizational skills

$43,000.00 - $82,590.00

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.

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