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Commerce Trust · 15 hours ago

Manager, Portfolio Management

St Louis, MO

Full-time

Onsite

Senior Level

$176K/yr - $240K/yr

7+ years exp

Commerce Trust is dedicated to helping people achieve financial safety and success while fostering a positive workplace culture. The Manager of Portfolio Management will lead a team responsible for managing client portfolios, ensuring compliance, and achieving financial objectives, while also participating in business development opportunities.

Asset ManagementBankingFinanceFinancial ServicesWealth Management

Responsibilities

Lead the investment management activities of a team/region within the Commerce footprint

Work with senior trust management to develop strategy for the achievement of financial goals and client retention

Ensure all regulation and compliance activities meet company expectations

Determine the appropriate investment objective of assigned CTC client investment portfolios, work with the client and administrative officer as appropriate. Determine the appropriate asset allocation mix, and implements the asset mix with approved securities, both equity and fixed income

Meet with assigned CTC clients on a regular basis, providing portfolio and investment reporting and make investment recommendations as appropriate. Provide information to clients regarding general market and economic conditions, consistent with the CTC investment and economic market outlook

Participate proactively in the CTC Trust Investment Committee process, providing complete and timely information about assigned client portfolios. Actively participate in ensuring compliance with all relevant policies and procedures

Keep informed on a timely basis of investment industry developments, disseminating information as appropriate. Participate in local Society of Financial Analysts program as appropriate

Lead, mentor and motivate team members to implement the department strategy and manage department workflow with guidance on departmental projects/issues, and provide coaching and development opportunities appropriate to each direct report's individual needs

Perform all necessary management functions, including hiring, evaluations, annual increase allocations and disciplinary action as required

Communicate decisions, priorities and relevant information to team members effectively

Support budget management, planning and expenditure

Perform other duties as assigned

Qualification

Portfolio managementInvestment managementLeadership skillsSales skillsMicrosoft OfficeCritical thinkingInterpersonal skillsNegotiation skills

Required

Strong knowledge of portfolio management, including knowledge of best practices

Solid understanding of various types of accounts and investment management thereof

Strong sales, presentation and negotiation 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

Strong critical thinking skills with the ability to apply discretion and sound judgement to efficiently and effectively solve problems

Ability to drive results and balance management of organizational risk and meeting goals of the business

Strong leadership skills with ability to motivate team members and foster a positive team environment that gives way to collaboration and unified goals

Outstanding interpersonal and relationship building skills with the ability to effectively communicate with all levels of the company, clearly expressing ideas and concepts both verbally and in writing

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

Intermediate level proficiency with Microsoft Word, Excel, Teams and Outlook

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

7+ years trust, bank or investment management experience required

3+ years leadership/supervisory experience required