Commerce Bank

Private Banking Relationship Manager

Commerce Bank$72K — $123K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience.
  • 5+ years in financial services or commercial banking.
  • Intermediate banking industry knowledge.
  • Proficient in Microsoft Word, Excel, Teams, and Outlook.
  • Strong communication skills and ability to maintain client relationships.

Responsibilities

  • Develop and execute a marketing plan for affluent clients.
  • Identify sales opportunities for investment management and trust services.
  • Prepare and deliver impactful client presentations.
  • Manage a portfolio exceeding $10 million and over 100 client relationships.
  • Approve or recommend loans within designated authority.
  • Safeguard client financial interests against losses.
  • Perform additional duties as needed.

Benefits

  • Employer-sponsored health, dental, and vision insurance.
  • 401(k) plan with employer contributions.
  • Life insurance coverage.
  • Generous paid vacation and personal time off.
  • Career development and education assistance.
Full Job Description
About This Job

The main purpose of this job is to develop, manage, retain and expand client relationships within the affluent market segment with responsibility for loan and deposit grown, revenue generation, and revenue growth.

Essential Functions
  • Create and execute a written marketing plan with the aim of developing/expanding a portfolio of qualified client relationships through an active calling effort targeting individuals whose financial status falls within the parameters defined as the private banking target market
  • Identify opportunities for the sale of investment management products and trust services
  • Prepare and deliver client presentations
  • Manage a portfolio of more than $10,000,000 and more than 100 relationships
  • Make decisions within assigned lending authority or make and defend recommendations for the extension of credit that exceeds authority
  • Manage banking component of client relationships in order to avoid principal loss
  • Perform other duties as assigned


Knowledge, Skills & Abilities Required
  • Intermediate knowledge of the banking industry
  • Ability to meet specific sales and marketing goals
  • 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 financial services industry or commercial banking/retail personal 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 Private Banking Relationship Manager I, II & III 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 $123,500 annually. This position will be eligible for additional compensation through performance-based incentive plan(s) that will correspond to meeting performance goals.

#LI-SN1

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: 1551 North Waterfront Parkway, Wichita, Kansas 67206

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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