Commerce Bank

Equipment Finance Sales Officer

Commerce Bank$112K — $203K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field.
  • 1+ years of sales experience in banking or financial services.
  • Preferred experience in equipment lease origination and tax-exempt products.
  • Basic knowledge of commercial products and credit policies.
  • Strong sales and negotiation skills with basic credit analysis abilities.

Responsibilities

  • Solicit companies with revenue between $10MM and $2B for equipment finance opportunities.
  • Act as the primary advisor for a diverse portfolio, ensuring customer satisfaction.
  • Collaborate with product partners to cross-sell a variety of services.
  • Analyze portfolios to mitigate risk and enhance profitability.
  • Facilitate complex credit requests and loan structuring processes.
  • Resolve customer issues by coordinating with product experts.
  • Engage in community functions to develop referral contacts.

Benefits

  • Employer-sponsored health, dental, and vision insurance.
  • 401(k) with company matching.
  • Life insurance and paid vacation.
  • Career development and education assistance programs.
  • Voluntary supplemental benefits options.
Full Job Description
Compensation Range
Annual Salary: $112,000.00 - $203,750.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to directly solicit companies with revenues between $10MM and $2 Billion for general industry equipment finance and leasing opportunities in the assigned territory.

Essential Functions
  • Primarily involved in calling activities with assigned customers and targeted prospects with the objective to acquire new business
  • Serve as the primary advisor for an assigned portfolio of diverse and complex commercial relationships, ensuring 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 portfolios to reduce risk and enhance profitability
  • Facilitate credit requests, including loan structuring, negotiating/pricing, collateral, ensuring adequate loan documentation, and analyze industry/credit risk
  • Facilitate the resolution of customer problems and engage product experts
  • Participate in community and business functions/groups to 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 single investor tax, loans, TRAC, operating, synthetic, and debt transactions
  • Basic knowledge of commercial products, credit policies and procedures and terminology
  • Well-developed sales and negotiation skills
  • Basic credit analysis skills
  • Ability to structure more complex credit requests
  • 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 proficiency with Microsoft Word, Excel, and Outlook


Education & Experience
  • Bachelor's degree in Accounting, Finance or equivalent combination of education and experience required
  • 1+ years of sales experience in the banking / financial services industry required, sales experience in equipment lease origination preferred
  • Experience with tax-exempt products 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, maintain a valid driver's license, and meet Commerce Bank's driving record criteria; ongoing employment may be contingent upon meeting all driving requirements.

**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 Equipment Finance Sales Officer I, II, 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 $112,000 to $203,750 annually. 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. Click here to learn more.

Location: 200 Crescent Court, Dallas, Texas 75201

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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