Commerce Bank

Business Banking Relationship Manager

Commerce Bank$72K — $187K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree or equivalent experience required
  • 1+ years of commercial banking experience required
  • Basic knowledge of commercial products and credit policies
  • Strong sales, negotiation, and persuasive skills
  • Basic analytical and problem-solving capabilities
  • Ability to maintain a valid driver’s license
  • Intermediate proficiency with Microsoft Office applications

Responsibilities

  • Participate in outreach efforts to acquire new business
  • Serve as the primary advisor for assigned commercial relationships
  • Coordinate cross-selling of the bank's product range
  • Analyze portfolio to mitigate risks and enhance profitability
  • Facilitate credit requests and ensure loan documentation adequacy
  • Resolve customer issues by engaging product specialists
  • Participate in community groups to promote a positive bank image

Benefits

  • Employer-sponsored health, dental, and vision insurance
  • 401(k) retirement plan
  • Life insurance coverage
  • Paid vacation and personal time off
  • Career development opportunities
  • Education assistance programs
  • Voluntary supplemental benefits
Full Job Description

Compensation Range

Annual Salary: $72,500.00 - $187,500.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to manage existing commercial relationships as well as solicit new business opportunities with assigned customers and targeted prospects. Although it can vary by market, targeted companies generally include those with annual sales of up to $15MM.

Essential Functions

  • Participate in outreach activities with assigned customers and target prospects with the objective to acquire new business
  • Serve as the primary advisor for an assigned portfolio of diverse and complex commercial relationships and ensure a high level of customer satisfaction and retention
  • Coordinate with product partners to cross-sell a full range of products and services
  • Critically review and analyze portfolio to reduce risk and enhance profitability
  • Facilitate credit requests, including loan structuring, negotiating/pricing, collateral, ensure adequate loan documentation, and analyze industry/credit risk
  • Facilitate the resolution of customer problems and engage product experts as needed
  • Participate in community and business functions/groups to ensure a positive image for the Bank and establish referral contacts within the marketplace
  • Ensure compliance with all Bank policies, procedures, regulations, and laws
  • Perform other duties as assigned

Knowledge, Skills & Abilities Required

  • Basic knowledge of full range of commercial products, credit policies, procedures and terminology
  • 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
  • Basic strategic, analytical, problem-solving skills and credit analysis skills
  • Basic persuasive and negotiation skills with strong sales skills
  • Some independent decision-making skills, but requires regular management oversight
  • 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
  • Intermediate level proficiency with Microsoft Word, Excel and Outlook

Education & Experience

  • Bachelor’s degree or equivalent combination of education and experience required
  • 1+ years of commercial banking experience required

**Level of role is determined by knowledge, experience, skills, abilities, and education.

***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 Business Banking Relationship Manager I, II, III, and Senior job and contemplates a wide range of factors that are considered in determining most appropriate job level and 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, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $72,500 to $187,500 annually. This position will be eligible for additional compensation through performance-based incentive plan(s) that will correspond to meeting performance goals.

#LI-

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.  Click to learn more.

Location: 5701 West Main Street, Belleville, Illinois 62226

Time Type:

Full time

About Commerce Bank

Commerce Bancshares, Inc. is a Kansas City, Missouri based bank holding company with branches of its Commerce Bank in Colorado, Illinois, Kansas, Missouri, Oklahoma, and Texas. Commerce Bancshares, Inc. is the corporate parent of Commerce Bank, a provider of a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in more than 200 locations in the central United States.
Learn more about Commerce Bank
Size
4,500 employees
Industry
Founded
1865

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