Commercial Banking Portfolio Manager Commerce Bank

Description

Job Category: Grade 09
Location: 8000 Forsyth, St. Louis, Missouri 63105
Time Type: Full time

In partnership with a team of Relationships Managers, this position is responsible for managing and servicing a portfolio of commercial customers, including expanding, building and maintaining strong customer relationships with a resulting high level of customer satisfaction. This position equates to an RM position in all aspects, with the exception of sales responsibilities. We will consider experienced Commercial Banking Relationship Managers as well as Commercial Banking Portfolio Managers for this position.

 

Responsibilities

• Utilizes a high degree of critical thinking skills in managing a large portfolio of diverse and complex commercial relationships
• Involved in customer and targeted customer prospect calling activities with RM as appropriate (especially those with active new credit opportunities)
• In certain circumstances, PM may serve as the primary advisor for a specific number of commercial relationships, ensuring a high level of customer satisfaction and retention. In such circumstances, PM will work with Team Leader on a semi-annual basis to assure that all appropriate products and services are being cross-sold to those relationships
• Handles customer service requests for existing relationships, including loan renewals and modifications
• Works with RM’s on credit requests, including general underwriting, loan structuring, negotiating/pricing, collateral, and analyzing industry/credit risk
• Completes all requirements of loan booking, including negotiating terms, the review of loan documentation and assisting in the closing process
• Manages annual credit review schedule for team of Relationship Managers. Prepares loan presentations and credit reviews as necessary
• Handles reporting on loans, involving such things as past dues, documentation and collateral exceptions, financial performance updates, portfolio profitability, etc.
• Works with respective RM’s in the credit management of all Watch List credits
• Ensures compliance with all bank policies, procedures, regulations, and laws
• Perform other duties as assigned

Qualifications / Requirements

• Thorough knowledge of full range of commercial products, credit policies, procedures and terminology
• Good analytical and problem-solving skills
• Strong presentation, verbal, and written communication skills
• Good negotiation skills
• Good organizational skills
• Some independent decision-making skills, but requires regular management oversight
• 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
• Basic proficiency with Microsoft Word, Excel and Outlook

Education and Experience

• Bachelor’s degree, or equivalent combination of education and experience
• At least 3 years of commercial banking experience as a Portfolio Manager or Relationship Manager

For this position, federal regulations require Commerce Bank to prepare an investigatory consumer report which will disclose credit history. If you express interest in and are considered for this position, you will be asked to authorize that report.

For this position, Commerce Bank will review your motor vehicle driving record. If you express interest in and are considered for this position, you’ll be asked to authorize our review of that record, maintain a valid driver’s license, and meet Commerce Bank’s driving record criteria; ongoing employment may be contingent upon meeting all driving requirements.

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