Commerce Bank

Real Estate Advisor - Commerce Trust

Commerce Bank$63K — $123K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, finance, real estate, accounting or management or equivalent experience
  • 5+ years in trust, bank or real estate management
  • 2+ years in real estate sales or property management preferred
  • Strong understanding of real estate laws and transaction processes
  • Excellent analytical, problem-solving and communication skills
  • PC proficiency in word processing, spreadsheets, and databases

Responsibilities

  • Manage day-to-day portfolio management decisions for specific asset types
  • Oversight of residential, commercial, and agricultural property management
  • Consult on property management issues and aid in business development
  • Evaluate fiduciary risks for real estate accounts
  • Perform additional tasks as assigned

Benefits

  • Employer-sponsored health, dental, and vision insurance
  • 401(k) plan
  • Life insurance
  • Paid vacation and personal time
  • Career development and education assistance programs
  • Voluntary supplemental benefits
Full Job Description
Compensation Range
Annual Salary: $63,500.00 - $123,500.00 (Amount based on relevant experience, skills, and competencies.)

For more than a century, Commerce Trust has been a leading provider of wealth management services including financial planning, estate and tax planning, investment management, private banking and trust administration services. Our approach to wealth management means assembling a team of seasoned wealth management professionals across disciplines who collaborate to ensure each client's financial journey is uniquely crafted for their goals. Commerce Trust is a division of Commerce Bank.

About This Job

The main purpose of this job is to provide day-to-day portfolio management decision making for a segmented asset type including as applicable buy sell or held recommendations, asset acceptance, asset documentation, ongoing servicing including income collection, negotiating sales and compliance risk management.

Essential Functions
  • Perform administrative responsibilities related to the management of a portfolio of properties that may include residential, residential rental, multiple tenants, commercial, and other income producing properties
  • Perform administrative responsibilities related to the management of oil, gas & mineral interests and agricultural real estate through a third party outsource provider
  • Provide expert advice and counsel on property management related matters for the assigned portfolio as well as be a subject matter expert for helping develop new business opportunities
  • Assess risk of the Trust Company being asked to serve as fiduciary for accounts holding real estate and the impact on relationship profitability
  • Perform other duties as assigned


Knowledge, Skills & Abilities Required
  • Strong knowledge of real estate laws as they pertain to the title and transfer of real property
  • Strong knowledge of the sale process and ability to independently negotiate the listing and sale of property
  • Strong knowledge of the leasing process and ability to negotiate lease renewals and extensions
  • Strong knowledge of appraisal techniques, property inspections, lease trends and alternatives, tenant selection, lease negotiations and property management, market analysis, listing and purchase agreements, coordination of ongoing maintenance and/or remodeling, and title issues
  • Excellent analytical and problem-solving skills
  • Familiarity with business terms, trust and investment relationships and ability to interpret and summarize provisions of complex legal trust documents
  • 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
  • Strong skills on PC applications for word processing, spreadsheet and databases


Education & Experience
  • Bachelor's degree in business, finance, real estate, accounting or management or equivalent combination of education and experience required
  • 5+ years trust, bank or real estate management experience required
  • 2+ years of experience in the sale of real estate or in a property management role preferred
  • 2+ years of experience in a fast-paced environment with a focus on accuracy, service and accountability to deliver results, individually and with the team preferred


*Must be eligible to work in the U.S. without sponsorship now or in the future

**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 Real Estate Advisor I, II & Senior - CTC 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 $63,500 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-DB1

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: 1000 Walnut St, Kansas City, Missouri 64106

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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