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Commerce Bank Investment Compliance Advisor - Trust in Kansas City, Missouri

About Working at Commerce

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.

Compensation Range

Hourly: $29.30 - $50.50 (Amount based on relevant experience, skills, and competencies.)

About This Job

As a Trust Investment Compliance Advisor, you’ll provide compliance advice to key players in the Commerce Trust Company. You’ll work with leadership on important rules and regulations within the Trust company, provide advice to management and employees on policies and procedures, give compliance support to projects, and much more.

Essential Functions

  • Maintain ongoing relationships with Commerce Trust business lines and support unit partners

  • Respond to inquiries/requests for general compliance guidance regarding business line policies, procedures, and regulatory issues

  • Review and evaluate the effectiveness of operating procedures and controls related to compliance objectives

  • Assist in review and/or implementation of new products, services, and/or software as it relates to compliance functions. Provide advice during the development and installation of solutions to ensure proper implementation of compliance requirements and development of ongoing compliance controls

  • Assist leadership with regulatory examinations, including document gathering, responding to requests, facilitating meetings between Commerce Trust staff and examiners, and addressing exceptions

  • Gather, analyze, and interpret proposed new/revised state or federal laws and regulations and disseminate appropriate information to Commerce Trust business lines

  • Develop and review content for compliance training programs, including advice to business lines on 1st line of defense training opportunities and content development

  • Review client complaints, responses, and documentation to ensure policy was followed, advising line of business as necessary

  • Review external marketing material prior to issuance in conjunction with Trust Legal

  • Assist with quarterly compliance report, including summarizing testing results, examination summary, regulatory updates, training schedules, and summary of customer complaints

  • Assist leadership with projects/duties related to the compliance management system

  • Attend Commerce Trust committee meetings, as requested

  • Perform other duties as assigned

Knowledge Skills & Abilities Required

  • Critical analysis skills sufficient to analyze and communicate complex legal/regulatory concepts

  • Knowledge of account administration, investments and investment sales practice and procedures

  • Ability to think strategically across multiple areas of business to create practical compliance solutions

  • Sound business and professional judgment

  • Skilled at providing compliance advice in the face of ambiguity

  • 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

  • Ability to maintain a high degree of confidentiality

  • Intermediate level proficiency with Microsoft Word, Excel and Outlook

Education & Experience

  • Bachelor’s degree or equivalent combination of education and experience required

  • 6+ years of compliance experience or equivalent technical knowledge required

  • 4+ years of well-rounded and progressive trust or banking experience preferred

  • Certified Fiduciary Investment Risk Specialist (“CFIRS”) or related certifications, or admission to the Bar preferred

** Level of role is determined by knowledge, experience, skills, abilities, and education..,

*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 Investment Compliance Advisor - Trust I, II, III & Senior job and contemplates a wide range of factors that are considered in determining most appropriate job level and 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, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $29.30 to $50.50 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. Click here (https://careers.commercebank.com/us/en/benefits) to learn more.

#LI-Hybrid

Location: 922 Walnut, Kansas City, Missouri 64106

Time Type:

Full time

Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team.

Why Commerce? (https://www.commercebank.com/careers/about-commerce)

Inclusion and Diversity at Commerce

How to Join Our Team (https://www.commercebank.com/careers/how-to-join-our-team)

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    Equal Opportunity Employer

Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, religion, color, national origin, sex, sexual orientation, age, gender, gender identity, gender expression, veteran status, disability status, or any other applicable characteristics protected by law.

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