Compensation Range

About This Job

The main purpose of this job is to manage and service a portfolio of commercial customers, including expanding, building and maintaining strong customer relationships with a resulting high level of customer satisfaction.

Essential Functions

• Serve as the primary advisor for commercial relationships, while ensuring a high level of customer satisfaction and retention

• Evaluate customer service requests for existing relationships, including loan renewals and modifications

• Assist the Regional Managers on credit requests, including: general underwriting, loan structuring, negotiating/pricing, collateral, and analyzing industry/credit risk

• Prepare loan booking requirements, including: negotiating terms, the review of loan documentation and assisting in the closing process

• Manage annual credit review schedule for team of Relationship Managers

• Prepare loan presentations and credit reviews as necessary

• Maintain loan reporting, including: such things as past dues, documentation and collateral exceptions, financial performance updates, portfolio profitability, etc

• Assist respective Regional Mangers in the credit management of all watch list credits

• Ensure compliance with all Bank policies, procedures, regulations, and laws

• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Strong knowledge of commercial banking field

• Strong knowledge 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

• Excellent analytical and problem-solving skills

• Excellent presentation skills

• Strong decision making skills

• Ability to use a high degree of critical thinking skills in managing a large portfolio of diverse and complex commercial relationships

• 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 proficiency with Microsoft Word, Excel and Outlook

Education & Experience

• Bachelor’s degree in Business Administration, or equivalent combination of education and experience required

• 5+ 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 Commercial Banking Portfolio Manager 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 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 $130,900 to $206,250 annually. This position will be eligible for additional compensation through performance-based incentive plan(s) that will correspond to meeting performance goals.

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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.

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