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Commerce Bancshares

Portfolio Manager

Commerce Bancshares, Shawnee, Kansas, United States, 66203

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Wouldn’t it be great to build your career at a bank that’s known for helping people with their financial challenges? That’s exactly what you’d be doing when you join the team at Commerce Bank. We’re looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You’d be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions. No wonder we’ve been an industry leader for over 155 years and have developed a reputation as a great place to work in the financial services world. If you’d like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We’re always looking for the best and brightest. Since 1906, Commerce Trust, a division of Commerce Bank, has been a leading provider of investment management, financial planning, trust and private banking services. Commerce Trust provides a full range of wealth and investment planning services to individuals and institutions. We build a comprehensive team around our client’s unique personal and financial situation, managing their wealth and helping them achieve their long-term goals. Commerce Trust received the 2019 Highly Commended Private Wealth Manager Award (Over $5 Billion) by Private Asset Management and 2021 Global Finance’s Best Private Banking Award for the Midwest Region. Commerce Trust administers over $57 billion in total client assets. About This Job The main purpose of this job is to manage assigned client portfolios, including establishment of investment objective, asset allocation, selection of specific securities, investment performance reporting, and client service. Essential Functions Participate in leadership activities, including policy and strategy committees Serve as a resource for other members of department Meet with assigned clients on a regular basis, provide portfolio and investment reporting and make investment recommendations as appropriate Determine appropriate investment objective of assigned client investment portfolios, work with the client and administrative officer as appropriate Provide information to clients regarding general market and economic conditions, consistent with the investment and economic market outlook Review existing client portfolios to ensure investment objectives are being met, portfolios are in compliance with investment objectives and Commerce security-specific recommendations Provide timely implementation of security-specific recommendations in assigned client portfolios Pro-actively discuss investment and/or client problems and concerns with leadership in order to promote timely resolution of outstanding issues Provide support to the investment committees by providing complete and timely information about assigned client portfolios Maintain constructive, pro-active working relationship with private client associates to provide timely client service Perform other duties as assigned Knowledge, Skills & Abilities Required Strong knowledge of portfolio management Understanding of various types of accounts and investment management Advanced presentation skills along with well-developed negotiation skills Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria; ongoing employment may be contingent upon meeting all driving requirements 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 Basic level proficiency with Microsoft Word, Excel, Teams and Outlook Education & Experience Bachelor’s degree or equivalent combination of education and experience required 5+ years trust, bank or investment management experience required For this position, Commerce Bank will review your motor vehicle driving record. If you express interest in and are considered for this position, you’ll be asked to authorize our review of that record. Location: 1000 Walnut St, Kansas City, Missouri 64106 Time Type: Full time

About Working at Commerce Wouldn’t it be great to build your career at a bank that’s known for helping people with their financial challenges? That’s exactly what you’d be doing when you join the team at Commerce Bank. We’re looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You’d be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions. No wonder we’ve been an industry leader for over 155 years and have developed a reputation as a great place to work in the financial services world. If you’d like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We’re always looking for the best and brightest. Since 1906, Commerce Trust, a division of Commerce Bank, has been a leading provider of investment management, financial planning, trust and private banking services. Commerce Trust provides a full range of wealth and investment planning services to individuals and institutions. We build a comprehensive team around our client’s unique personal and financial situation, managing their wealth and helping them achieve their long-term goals. Commerce Trust received the 2019 Highly Commended Private Wealth Manager Award (Over $5 Billion) by Private Asset Management and 2021 Global Finance’s Best Private Banking Award for the Midwest Region. Commerce Trust administers over $57 billion in total client assets. About This Job The main purpose of this job is to manage assigned client portfolios, including establishment of investment objective, asset allocation, selection of specific securities, investment performance reporting, and client service. Essential Functions Participate in leadership activities, including policy and strategy committees

Serve as a resource for other members of department

Meet with assigned clients on a regular basis, provide portfolio and investment reporting and make investment recommendations as appropriate

Determine appropriate investment objective of assigned client investment portfolios, work with the client and administrative officer as appropriate

Provide information to clients regarding general market and economic conditions, consistent with the investment and economic market outlook

Review existing client portfolios to ensure investment objectives are being met, portfolios are in compliance with investment objectives and Commerce security-specific recommendations

Provide timely implementation of security-specific recommendations in assigned client portfolios

Pro-actively discuss investment and/or client problems and concerns with leadership in order to promote timely resolution of outstanding issues

Provide support to the investment committees by providing complete and timely information about assigned client portfolios

Maintain constructive, pro-active working relationship with private client associates to provide timely client service

Participate in new business development

Perform other duties as assigned

Knowledge, Skills & Abilities Required Strong knowledge of portfolio management

Understanding of various types of accounts and investment management

Advanced presentation skills along with well-developed negotiation skills

Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria; ongoing employment may be contingent upon meeting all driving requirements

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

Basic level proficiency with Microsoft Word, Excel, Teams and Outlook

Education & Experience Bachelor’s degree or equivalent combination of education and experience required

5+ years trust, bank or investment management experience required

Certified Financial Analyst (CFA) and/or Certified Financial Planner (CFP) designation preferred

For this position, Commerce Bank will review your motor vehicle driving record. If you express interest in and are considered for this position, you’ll be asked to authorize our review of that record. Location: 1000 Walnut St, Kansas City, Missouri 64106 Time Type: Full time About the company

Our mission? To help people and businesses solve financial challenges so they can focus on the things that matter most. Notice

Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. Request assistance at accessibility@talentify.io or 407-000-0000. Federal law requires every new hire to complete Form I-9 and present proof of identity and U.S. work eligibility. An Automated Employment Decision Tool (AEDT) will score your job-related skills and responses. Bias-audit & data-use details: www.talentify.io/bias-audit-report . NYC applicants may request an alternative process or accommodation at aedt@talentify.io or 407-000-0000.

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