Duties & Responsibilities

Type of Role: Individual contributor, entry level

Area of Responsibility and Purview: Support resource for the investment team in Private Wealth Management

Role Specific Job Duties:

• Execute on tasks and transactions, as assigned

• Support resource to other associates on team, providing leverage to execute on tasks and responsibilities

• Proactively advise partners of issues that may affect clients/prospects in either a positive or negative way

• Demonstrate a high level of teamwork with a focus on achieving business unit and team goals. Be a positive influence in the group

• Willingness to continue learning about financial markets and investments which may be unfamiliar

Function Specific Job Duties:

• Process all operational aspects for private market investments made by UMB Private Wealth Management on behalf of our clients. This includes cash movements, valuation updates, processing documents, managing subscription/redemption processes, and other account maintenance activities

• When assigned responsibilities, work collaboratively with senior associates and other functions to drive to resolution

• Assist the investment team in their ongoing support of internal partners in order to best serve our clients

• Distribute standardized and custom daily, weekly, monthly, and quarterly reports

• Ensure adherence to corporate policy, operational policy, and regulatory guidance

• Other duties as assigned

Requirements

MINIMUM:

• Bachelor’s degree in relevant field or combination of education and experience that provides and equivalent background

PREFERRED:

• Applicable experience within Financial Services

Knowledge & Skills

MINIMUM:

Job Skills:

• Systems thinking and complex problem solving

• Attention to detail, yet ability to grasp big picture

• Highly organized and can effectively multi-task

• Great communicator with strong interpersonal skills

• Exceptional written communication and presentation skills

• Demonstrated strong math skills

• Basic knowledge of financial markets and investments

• Technical Skills:Strong proficiency of Microsoft Office Suite (Word, Excel, PowerPoint, SharePoint)

PREFERRED:

Job Skills:

• General knowledge of complex account types

• General knowledge of compliance rules and regulations within wealth management

• General knowledge of new account opening, investments, client onboarding requirements and cash management

• Active in community and professional organizations

Technical Skills:

• Proficiency in UMB custody and clearing platforms such as SEI and Fidelity Wealthscape

• Proficiency with eMoney client portal and financial planning software

• Proficiency in cash movement activities, including wire and ACH

• Familiarity with private investment terminology

• Smart, intellectual, and business savvy

• Driven to succeed; passionate

• Trustworthy

• Consistent high performer

• Adaptable and able to adjust to many different personalities

• Surrounded always by other high performers

• Very hard worker

• Resourceful; overcome obstacles

• Effective leader, even without authority

• Down-to-earth, well-grounded, self-aware, humble

Work Environment

• Type: Office Centric (60% In Office)

• Location: Various

Compensation Range:

Minimum: $51,480.00 - Maximum: $119,200.00

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.

Are you ready to be part of something more?

You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

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