Portfolio Manager - Commerce Trust

Commerce Bank•Clayton, MO

About The Position

Commerce Trust, a division of Commerce Bank, provides wealth management services including financial planning, estate and tax planning, investment management, private banking, and trust administration. The Portfolio Manager manages assigned client portfolios, including establishing investment objectives, determining asset allocation, selecting securities, reporting investment performance, and providing client service. The role includes regular client meetings, portfolio reviews and investment recommendations, support for investment committees, and collaboration with private client associates and department leadership. The position also participates in leadership activities 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; continued employment may depend on meeting all driving requirements.
Motivated, 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 department members.
Meet regularly with assigned clients, provide portfolio and investment reporting, and make investment recommendations as appropriate.
Determine 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 they meet investment objectives and comply with those objectives and Commerce security-specific recommendations.
Implement security-specific recommendations in assigned client portfolios in a timely manner.
Discuss investment or client problems and concerns proactively with leadership to support timely resolution.
Provide complete and timely information about assigned client portfolios to support investment committees.
Maintain constructive, proactive working relationships with private client associates to provide timely client service.
Participate in new business development.
Perform other duties as assigned.