Senior Portfolio Manager - Commerce Trust
About The Position
The Senior Portfolio Manager manages assigned client portfolios, including establishing investment objectives, determining asset allocation, selecting securities, reporting investment performance, and providing client service. The role serves clients of Commerce Trust, which provides wealth management services such as financial planning, estate and tax planning, investment management, private banking, and trust administration. The position participates in leadership activities and policy and strategy committees, serves as a resource for department members, supports investment committees, and participates in new business development. It works closely with clients, administrative officers, private client associates, and leadership to help ensure portfolios meet client objectives and receive timely service.
Requirements
- Advanced knowledge of portfolio management.
- Understanding of various types of accounts and investment management.
- Advanced presentation skills and well-developed negotiation skills.
- Independent decision-making skills.
- 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 team player with excellent written, verbal, and interpersonal communication skills.
- Ability to remain adaptable and resilient with an optimistic outlook and to demonstrate behavior aligned with the company's culture and Core Values.
- Basic proficiency with Microsoft Word, Excel, Teams, and Outlook.
- Bachelor's degree or an equivalent combination of education and experience.
- At least 6 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) designation.
- 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 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.
- Proactively discuss investment or client problems and concerns with leadership to promote timely resolution.
- Provide investment committees with 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.
Benefits
- Employer-sponsored health, dental, and vision insurance.
- 401(k).
- Life insurance.
- Paid vacation.
- Paid personal time.
- Career development.
- Education assistance.
- Voluntary supplemental benefits.
- Performance-based incentive compensation.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
