Investment Research Associate - UMB Bank
Kansas City, MO
About the Job
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.
_UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to_ _talentacquisition@umb.com_ _to let us know the nature of your request._
_If you are a California resident, please visit our_ Privacy Notice for California Job Candidates (https://p1.aprimocdn.net/umb/cdbf5f22-8f7a-43b9-bd03-b09f014a39c3/Privacy_Notice_for_California_Candidates_Original_file.pdf) _to understand how we collect and use your personal information when you apply for employment with UMB._
_Who we are_
We are more than a company. We are advisors, consultants, problem solvers, friends, community members, experts, and we are here to help you make the best of every moment with a financial foundation that can help you succeed.
Learn more about UMB's vision (https://p1.aprimocdn.net/umb/8cf58ce2-e9d6-4621-b60a-b09f01638943/UMB_Tuce_Book_Original_file.pdf)
Check out the road to a career at UMB
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.
_UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to_ _talentacquisition@umb.com_ _to let us know the nature of your request._
_If you are a California resident, please visit our_ Privacy Notice for California Job Candidates (https://p1.aprimocdn.net/umb/cdbf5f22-8f7a-43b9-bd03-b09f014a39c3/Privacy_Notice_for_California_Candidates_Original_file.pdf) _to understand how we collect and use your personal information when you apply for employment with UMB._
_Who we are_
We are more than a company. We are advisors, consultants, problem solvers, friends, community members, experts, and we are here to help you make the best of every moment with a financial foundation that can help you succeed.
Learn more about UMB's vision (https://p1.aprimocdn.net/umb/8cf58ce2-e9d6-4621-b60a-b09f01638943/UMB_Tuce_Book_Original_file.pdf)
Check out the road to a career at UMB
Source : UMB Bank