UMB Financial

2 months ago

Alternative Investment Institutional Specialist II

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 7 hours agoStatus: Live

Job Summary

Process mutual fund trades in the Transfer Agency System by partnering with NSCC settlement workflows. Maintain accuracy for cash movements, broker setup, and commission/12b-1 payment processing while resolving settlement exceptions. Work with brokers, client personnel, and internal teams to deliver timely, error-free operational support for mutual fund and collective trust clients within the Registered Fund team.

Location: Milwaukee

Workplace: Hybrid

Employment Type: Full time

Job Function: Healthcare (Clinical, Medical, Wellness)

Seniority: Mid level

Key Responsibilities

•Interface with NSCC to process mutual fund trades in the Transfer Agency System.
•Establish brokers on the TA system.
•Process commission and 12b 1 payments.
•Resolve exceptions related to NSCC settlements and ensure accurate cash movements.
•Coordinate with brokers, client personnel, and internal departments to complete work accurately and on time.

Pay and Benefits

Salary: USD 43,000 - 82,590 annually

Perks:Paid Leave401kAnnual IncentivePaid HolidaysHealth InsuranceDentalVisionFlexible SpendingDependent CareAdoption AssistanceEmployee AssistanceGym MembershipWellness StipendEmergency Fund

Key Requirements

•Bachelor’s degree (or equivalent combination of related experience and education).
•At least 1 year of experience in the financial services industry.
•Excellent analytical, problem-solving, and mathematical skills.
•Ability to work independently and collaboratively in a team.
•Strong attention to detail and organizational skills.

Experience:1+ yearsFinancial services

Education:Bachelor's

Skills:Analytical skillsProblem-solvingMathematical skillsIndependent workAttention to detail

Tech Stack:Transfer Agency SystemNational Securities Clearing Corporation (NSCC)NSCC settlementsTA system

Company Brief

UMB Financial

UMB Financial is a diversified financial holding company offering commercial banking, treasury management, payment solutions, trust services, and asset servicing. It serves businesses, institutions, and individuals through banking and financial products across the United States.

Industry: Banking

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Kansas City, United States

Founded: 1913

Website LinkedIn

Loading job details...

Preparing the role view and application actions.

UMB Financial

2 months ago

Alternative Investment Institutional Specialist II

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 7 hours agoStatus: Live

Job Summary

Location: Milwaukee

Workplace: Hybrid

Employment Type: Full time

Job Function: Healthcare (Clinical, Medical, Wellness)

Seniority: Mid level

Key Responsibilities

•Interface with NSCC to process mutual fund trades in the Transfer Agency System.
•Establish brokers on the TA system.
•Process commission and 12b 1 payments.
•Resolve exceptions related to NSCC settlements and ensure accurate cash movements.
•Coordinate with brokers, client personnel, and internal departments to complete work accurately and on time.

Pay and Benefits

Salary: USD 43,000 - 82,590 annually

Perks:Paid Leave401kAnnual IncentivePaid HolidaysHealth InsuranceDentalVisionFlexible SpendingDependent CareAdoption AssistanceEmployee AssistanceGym MembershipWellness StipendEmergency Fund

Key Requirements

•Bachelor’s degree (or equivalent combination of related experience and education).
•At least 1 year of experience in the financial services industry.
•Excellent analytical, problem-solving, and mathematical skills.
•Ability to work independently and collaboratively in a team.
•Strong attention to detail and organizational skills.

Experience:1+ yearsFinancial services

Education:Bachelor's

Skills:Analytical skillsProblem-solvingMathematical skillsIndependent workAttention to detail

Tech Stack:Transfer Agency SystemNational Securities Clearing Corporation (NSCC)NSCC settlementsTA system

Company Brief

UMB Financial

Industry: Banking

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Kansas City, United States

Founded: 1913

Website LinkedIn