Institutional Custody Intern

UMB Financial Corporation

Kansas City, MO, US
Base: $25,640.00 - $49,440.00; bonus/equity: annua...
Not specified
Processing wire payments for principal and interest
Performing transfer of ownership of securities
Setting up new client accounts
UMB Financial Corporation is seeking an Institutional Custody Intern for their Trust & Custody Operations department, primarily focusing on back-office support for institutional clients. The role involves tasks such as processing payments, managing client accounts, and ensuring high customer service standards

Job Summary

  • The role involves acting as a primary contact for institutional clients to ensure high-quality service delivery.
  • Responsibilities include processing wire payments, managing securities transfers, and facilitating global and domestic trade settlements.
  • UMB offers competitive benefits including paid time off, 401(k) matching, and comprehensive health insurance coverage.

Matching Summary

Match Score: 85

UMB Financial Corporation is seeking an Institutional Custody Intern for their Trust & Custody Operations department, primarily focusing on back-office support for institutional clients. The role involves tasks such as processing payments, managing client accounts, and ensuring high customer service standards.

Salary

Base: $25,640.00 - $49,440.00; Bonus/Equity: Annual incentive pay available; Benefits: Paid Time Off, 401(k) match, medical/dental/vision

Skills & Requirements

Must-have

  • Processing wire payments for principal and interest
  • Performing transfer of ownership of securities
  • Setting up new client accounts
  • Coordinating trade activity and settlement
  • Initiating domestic and foreign money movements

Nice-to-have

  • Strong customer service orientation
  • Ability to resolve complex operational issues
  • Collaboration with internal operations and vendors
  • Commitment to risk mitigation and compliance
  • Proactive personal development and self-evaluation

Key Requirements

  • Currently enrolled in Associate's or Bachelor's degree program
  • Specialization in Accounting, Finance, Economics, Statistics, or Mathematics

Work Rights

Not specified

Tailored Resume

Cover Letter