Portfolio Manager III at Commerce Bank in Kansas City, MO

About This Job

As a Portfolio Manager III, you’ll be responsible for the management of assigned Commerce Trust Company (CTC) client portfolios which are considered key relationships. You’ll work with clients to establish an investment objective, asset allocation, selection of specific securities, investment performance reporting, and provide excellent client service. These key relationships include clients with larger than average portfolios and are more sophisticated than average clients. You’ll also participates in new business development opportunities for CTC.

Key Responsibilities:

• Determines the appropriate investment objective of assigned CTC client

investment portfolios, working with the client and administrative officer as

appropriate. Determines the appropriate asset allocation mix, and implements

the asset mix with approved securities, both equity and fixed income.

• Meets with assigned CTC clients on a regular basis, providing portfolio and

investment reporting and making investment recommendations as

appropriate. Provides information to clients regarding general market and

economic conditions, consistent with the CTC investment and economic

market outlook.

• Determines the appropriate investment objective of assigned CTC client

investment portfolios, working with the client and administrative officer as

appropriate. Determines the appropriate asset allocation mix, and implements

the asset mix with approved securities, both equity and fixed income.

• Meets with assigned CTC clients on a regular basis, providing portfolio and

investment reporting and making investment recommendations as

appropriate. Provides information to clients regarding general market and

economic conditions, consistent with the CTC investment and economic

market outlook.

• Regularly reviews existing client portfolios to ensure that investment

objectives are being met, portfolios are in compliance with investment

objectives and CTC security-specific recommendations. Provides timely

implementation of CTC security-specific recommendations in assigned client

portfolios.

• Participates proactively in the CTC Trust Investment Committee process,

providing complete and timely information about assigned client portfolios.

Actively participates in ensuring compliance with all relevant policies and

procedures.

• Keeps informed on a timely basis of investment industry developments,

disseminating information as appropriate. Participates in local Society of

Financial Analysts program as appropriate.

• Pro-actively discusses investment and/or client problems and concerns with

supervisor to promote timely resolution of outstanding issues.

• Maintains a constructive, pro-active working relationship with PCA’s to provide

timely client service. (Maintains a constructive, pro-active working

relationship with all colleagues, facilitating a team effort.)

• Participates in new business development activities as assigned.

• Performs other special projects or duties as assigned.

• Participates in department leadership activities, including policy and strategy

committees. Serves as a resource for other members of the department.

• Achieve Revenue Per Desk and new business assigned goals.

Skills:

• Good verbal/written communication skills

• Good strategic, analytical and problem-solving skills

• Solid understanding of various types of accounts and investment

management thereof

• Strong time management skills, with ability to prioritize activities

• Lead sales and presenter capabilities

• Well-developed negotiation skills

• Good independent decision making with mgmt. oversight

Education:

• Bachelor’s degree required CFA/CFP and Advanced degree preferred

Work Experience:

• 5+ Years trust, bank or investment management experience