Trust & Custody Operations Intern: Payments & Settlements

UMB Bank; Kansas City (MO); On-site; USD 34,000 - 50,000; Full time

Benefits offered by this job

Paid Time Off

401(k) matching

Annual incentive pay

Health insurance

Tuition reimbursement

Wellbeing program

Job summary

UMB Bank is seeking a Trust & Custody Operations Intern in Kansas City, MO. You will support processing wire payments for principal and interest, adjust payments, and transfer ownership of securities.

Responsibilities include setting up new accounts, handling wire instruction changes, address changes, and providing reporting. The role requires enrollment in an Accounting/Finance/Economics/Statistics/Mathematics program and offers a range of benefits and development opportunities.

Qualifications

• Enrolled in an Associate’s or Bachelor’s degree program specialized in Accounting, Finance, Economics, Statistics, or Mathematics.

Responsibilities

• Handle processing wire payments for scheduled principal and interest payments.
• Make payment adjustments and transfer ownership of securities.
• Set up new accounts and process wire instruction changes.
• Process address changes and related tasks.
• Provide reporting as requested and support audit requests.
• Follow policies to mitigate risk and cooperate with manager on personal development.

Education

Associate or Bachelor’s degree in Accounting/Finance/Economics/Statistics/Mathematics

Job description

UMB Bank is seeking a Trust & Custody Operations Intern in Kansas City, MO. You will support processing wire payments for principal and interest, adjust payments, and transfer ownership of securities.

Responsibilities include setting up new accounts, handling wire instruction changes, address changes, and providing reporting. The role requires enrollment in an Accounting/Finance/Economics/Statistics/Mathematics program and offers a range of benefits and development opportunities.