Portfolio Manager - Commerce Trust

Commerce Bank•St. Louis, MO

8d•$137,000 - $214,500•Onsite

About The Position

The Portfolio Manager manages assigned client portfolios, including establishing investment objectives, asset allocation, selecting specific securities, reporting investment performance, and providing client service. The position serves Commerce Trust clients and collaborates with wealth management professionals to help craft financial plans aligned with clients’ goals. The role also contributes to department leadership, investment committees, and new business development.

Requirements

Strong knowledge of portfolio management.
Understanding of various types of accounts and investment management.
Advanced presentation skills and well-developed negotiation skills.
Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria; ongoing employment may be contingent upon meeting driving requirements.
Motivated and organized self-starter with strong attention to detail and ability to manage multiple priorities.
Inquisitive, agile team player with excellent written, verbal, and interpersonal communication skills.
Ability to remain adaptable and resilient, maintain an optimistic outlook, and demonstrate behavior aligned with the company’s culture and Core Values.
Basic proficiency with Microsoft Word, Excel, Teams, and Outlook.
Bachelor’s degree or equivalent combination of education and experience.
At least 5 years of trust, bank, or investment management experience.
Must be eligible to work in the United States without sponsorship now or in the future.

Nice To Haves

Chartered Financial Analyst (CFA) and/or Certified Financial Planner (CFP) designation.

Responsibilities

Participate in leadership activities, including policy and strategy committees.
Serve as a resource for other members of the department.
Meet regularly with assigned clients, provide portfolio and investment reporting, and make investment recommendations as appropriate.
Determine appropriate investment objectives for assigned client portfolios, working with clients and administrative officers as appropriate.
Provide clients with information about general market and economic conditions, consistent with the investment and economic market outlook.
Review client portfolios to ensure investment objectives are being met and portfolios comply with investment objectives and Commerce security-specific recommendations.
Implement security-specific recommendations in assigned client portfolios in a timely manner.
Discuss investment and client problems or concerns proactively with leadership to promote timely resolution.
Support investment committees by providing complete and timely information about assigned client portfolios.
Maintain constructive, proactive working relationships with private client associates to provide timely client service.
Participate in new business development.
Perform other duties as assigned.