Private Client Advisor Specialist - Commerce Trust

Commerce Bank•Kansas City, MO

2d•Onsite

About The Position

Commerce Trust is a division of Commerce Bank and is a leading provider of wealth management services. As a fiduciary and Wealth Management expert, the Private Client Advisor Associate’s primary responsibility is the support of our Private Client Relationship Managers who are accountable for the delivery of wealth management advisory services to ultra-high net worth clientele and their business partners. The main purpose of this job is to support the Private Client Advisors (PCA’s) who are accountable for the delivery of wealth management advisory services to high-net worth clients of Commerce Trust.

Requirements

Advanced knowledge of types of trusts and investment accounts and the distinct understanding of the goals and objectives associated with each acquired through work-related experience and continuing education
Advanced knowledge of complex issues such as IRA Regulations, the Uniform Principal and Income Act, Gifting strategies, Income, Gift and Estate Taxes and their impact on administration of client accounts
Ability to articulate conceptual ideas and strategies to assigned clients and follow through with successful implementation and the goal to strengthen and expand assigned relationships
Skilled and knowledgeable in compliance and risk management issues with ability to proactively avoid/address and resolve independently
Ability to delegate appropriate responsibilities and collaborate with internal partners and maintain accountability for timely completion
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
Positive attitude and ability to work independently to accomplish job responsibilities with minimal supervision
Professional presence and approach and desire to exceed client expectations
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
Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook
Bachelor’s degree or equivalent combination of education and experience required
5+ years of experience in providing high level client service in a similar role required

Nice To Haves

Primary focus on trust, wealth management or financial planning preferred
Focus on continuing education and development with desire to expand responsibilities preferred
Certified Financial Planner (CFP) and/or Certified Trust Fiduciary Advisory (CTFA) designation or current progress towards earning designation preferred

Responsibilities

Perform service and fulfillment activities to meet the needs and expectations of Commerce Trust clients
Participate in client meetings with PCA to support ongoing development of client relationship and implementation and delivery of services
Assist with account administration, document review and interpretation, fund transfers, discretionary actions within fiduciary engagements, and coordination of documents for tax preparations
Serve as additional point of contact within the client relationship team for clients and backup in the PCA absence
Maintain a client centric focus and desire to exceed client expectations
Effectively manage an assigned portfolio of relationships comprised of fiduciary and investment management clients
Collaborate proactively with internal partners to identify and service unique client needs while managing the overall client experience
Identify opportunities for the expansion of relationships with existing clients
Perform other duties as assigned