Trader Non-Risk – CTP

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: $37.
75 - $44.
70 (Amount based on relevant experience, skills, and competencies.
) About the Job The main purpose of this job is to provide fixed income trading, operational and administrative services to the Commercial Tradable Products (CTP) team.
Essential Functions Collaborate with Commercial Tradable Products (CTP) trading staff to handle the trading, support, and operational functions necessary to provide high quality customer service to the CTP salesforce, operations staff and Commerce Bank customers Become familiar with the products traded within CTP and effectively execute customer orders Coordinate and manage municipal bond underwritings and selling groups Provide a high comfort level for the sales and trading staff to ensure that orders and transactions are handled timely and accurately.
Execute trades and handle operational items that arise as a part of the normal course of business within the CTP trading team Maintain written and verbal communication with customers, vendors, team members, and trading counterparties.
Perform other duties as assigned Knowledge, Skills & Abilities Required Thorough knowledge of the fixed income industry General knowledge of economics including behavior of interest rates related to various market events 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 Experience with Bloomberg and Bloomberg TOMS preferred Basic level proficiency with Microsoft Word, Excel, Teams, and Outlook Education & Experience Bachelor’s degree or equivalent combination of education and experience required 0-3 years trading experience required Series 7 or 52; & 63 License required ***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 Trader Non-Risk - CMG job and contemplates a wide range of factors that are considered in 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 $37.
75 to $44.
70 per hour.
This position will be eligible for additional compensation through performance-based incentive plan(s) that will correspond to meeting performance goals.
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.
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Location: 8000 Forsyth, St.
Louis, Missouri 63105 Time Type: Full time