Institutional Custody Administration Intern

The Institutional Custody Administration team provides custody services to large global and domestic institutional clients. Our team partners closely with internal shared services and operational support teams to ensure accurate, timely, and high-quality custody services for all our clients.

The Institutional Custody Administrator Intern role provides exposure to institutional custody administration, client servicing, and oversight functions within a collaborative and fast-paced financial services environment.  As a Custody Administration Intern, you will support the Institutional Custody Administration team by assisting with client service, coordination, reporting, and oversight activities. This role is designed to provide hands-on experience in financial services while learning how the custody administration teams partner with other internal groups to deliver results.

How you will spend your time:

• Act as primary or secondary contact for assigned Custody clients to ensure the delivery of the highest possible level of customer service.
• Oversee all activity pertinent to the client account
• Facilitate trade activity (global and domestic) and monitor settlement
• Coordinate with internal operations, clients, and external vendors to meet client expectations

• Instruct and monitor domestic and foreign money movements
• Provide reporting as requested
• Facilitate problem resolution, tracking issues through to completion
• Follow company/department policies and procedures to mitigate risk
• Support documentation and audit requests.

We’re excited to talk with you if:

• You are currently enrolled in an associate or bachelor’s degree program specialized in Accounting, Finance, Economics, Statistics, or Mathematics

Compensation Range:

$25,640.00 - $49,440.00

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.

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