About Working at Commerce 

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.  

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. 

Compensation Range

Annual Salary: $125,000.00 - $125,000.00 (Amount based on relevant experience, skills, and competencies.)

For more than a century, Commerce Trust has been a leading provider of wealth management services including financial planning, estate and tax planning, investment management, private banking and trust administration services. Our approach to wealth management means assembling a team of seasoned wealth management professionals across disciplines who collaborate to ensure each client’s financial journey is uniquely crafted for their goals. Commerce Trust is a division of Commerce Bank.

About This Job

As an Institutional Business Development Officer for Commerce Trust, you will work closely with the entire institutional relationship team to establish sales strategies to acquire new business clients. You will leverage relationships with our commercial bank team as well as access opportunities from your own professional network using a systematic sales approach that is repeatable and collaborative. You will utilize a consultative sales approach to introduce Commerce investment strategies to engage high-level executives and organizational boards to populate and expand various investment portfolios, including endowments and pensions. 

Essential Functions 

Develop new investment management and advisory business for Commerce Trust by partnering with appropriate business line leaders and staff at Commerce Bank and through outside contacts and sources

Market proprietary fixed income strategies and investment advisory services to reach annual new business fee goals

Develop referral opportunities through bank personnel and through an outside network of consultants, other financial advisors, and through candidate’s own network

Follow up on leads generated through various marketing programs

Initiate ideas for marketing efforts that result in the identification of prospects for investment management services

Serve as the relationship manager for significant revenue producing clients

Maintain ongoing dialogue with client senior managers and board

Ensure that services provided by Commerce Trust are delivered in a consistent and timely manner by client service team

Perform other duties as assigned 

Knowledge Skills & Abilities Required 

Strong relationship management skills

Ability to speak confidently before large groups

Ability to manage complex relationship sales cycles

Familiarity with client management software

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 

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 and Outlook 

Education & Experience 

Bachelor’s degree or equivalent combination of education and experience required 

5+ years sales experience required, financial sales experience preferred  

Investment management or investment consulting sales experience required

Advanced degree and/or certification (MBA or CFA) is preferred

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.

***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles.  This compensation range is for the Institutional Business Development Representative/Relationship Manager job and contemplates a wide range of factors that are considered in making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $125,000 annually. This position will be eligible for additional compensation through performance-based incentive plan(s) that will correspond to meeting performance goals. The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.  Click here to learn more.

Location: 1000 Walnut, Kansas City, Missouri 64106

Time Type:

Full time