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 160 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
Hourly: $29.90 - $35.00 (Amount based on relevant experience, skills, and competencies.)
About This Job
The main purpose of this job is to provide support to Business Banking Relationship Managers and Portfolio Managers by contacting customers for updated financial information and loan agreement compliance requirements.
The Banking Representative is a transition position between an entry level position (such as a trainee position) and the Relationship Manager and Portfolio Manager positions. The incumbent continues to develop his/her banking/sales skills in this role but is not held to the high level of sales activity expectations that come with the RM role.
Essential Functions
Contact customers for updated financial information and loan agreement compliance requirements
Complete customer financial reporting requirements and loan covenant compliance administration
Submit company and personal financial statements
Prepare borrowing base certificate submission and evaluation
Evaluate and submit compliance certificates
Maintain and enhance the internal financial reporting tracking system
Prepare annual credit reviews and new credit relationship committee presentations
Prepare required financial information and prepare and submit credit services assignments
Schedule Credit department annual reviews
Review preliminary credit approval summaries
Prepare financial analysis and related portions of Officer memos
Evaluate appraisal annual review requirements and coordinate service requests
Support the Team Lead with prospecting, cross selling, business development and beginning to structure loans
Perform other duties as assigned
Knowledge Skills & Abilities Required
Intermediate loan documentation knowledge
Basic credit analysis skills
Ability to maintain confidentiality
Excellent customer service 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 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
Intermediate proficiency with Microsoft Word, Excel and Outlook
Education & Experience
Associate's degree in Business Administration, or equivalent combination of education of experience required
1+ year banking/financial services experience required
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 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 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 Business Banking Representative 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, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $29.90 to $35.00 per hour.
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 (https://careers.commercebank.com/us/en/benefits) to learn more.
Location: 1345 E. Battlefield St, Springfield, Missouri 65804
Time Type:
Full time
Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes' Best Midsized Employers, Forbes' Best Employers for Women, and Korn Ferry's Engaged Performance Award. You'll see the difference for yourself when you join the team.
Why Commerce? (https://www.commercebank.com/careers/about-commerce) Inclusion at Commerce How to Join Our Team (https://www.commercebank.com/careers/how-to-join-our-team)
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Equal Opportunity Employer
Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, color, ancestry, ethnicity, gender identity, gender expression, sex, sexual orientation, disability (including physical or mental handicap), age, veteran status, military status, national origin, religion, pregnancy status, marital status, genetic information, or any other status protected by applicable federal, state or local law.
