This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
The main purpose of this job is to oversee and manage the investment team, manage complex client portfolios, and build meaningful relationships, by providing comprehensive investment planning and managing the day-to-day administration of client accounts. Develop investment strategies and manage client portfolios according to established goals and objectives, and in accordance with all internal and regulatory investment and fiduciary guidelines.
Job Responsibility:
Manage client portfolios and administer client accounts within prescribed investment and fiduciary guidelines
Manage client relationships with an emphasis on prudent fiduciary risk management, relationship growth and exceeding client expectations
Analyze clients' complete financial picture and work with clients to develop a comprehensive understanding of their unique investment goals and objectives
Work with clients to develop comprehensive wealth management strategies
Determine client's risk profile and educate the client about investment risks and the risk/reward tradeoff
Create an appropriate investment portfolio ensuring implementation and execution of investment strategies
Ensure accounts are structured to comply with client's investment policy statement and correspond with current investment strategy
Provide ongoing client communication, monitoring and rebalancing of portfolio
Confer with others on investment team to determine consequences of investment decisions
Continuously perform investment research, stays informed of developments in security markets
Work as part of a team to deliver clients a diverse set of financial solutions
Provide ongoing monitoring and rebalancing of portfolios
Successfully cultivate new client relationships, actively participate and engage in business development activities
Lead, mentor and motivate team members to implement the department strategy
Perform all necessary management functions, including hiring, evaluations, annual increase allocations and disciplinary action
Communicate decisions, priorities and relevant information to team members effectively
Support budget management, planning and expenditure
Perform other duties as assigned
Requirements:
Strong knowledge of the investment field, including knowledge of best practices
Working knowledge of portfolio theory with understanding of fiduciary law
Exceptional relationship management skills and the ability to serve on various internal investment committees
Ability to lead round table discussions and investment seminars
Ability to maintain a valid driver's license and meet Commerce Bank's driving record criteria
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
Ability to remain adaptable and resilient to all situations with an optimistic outlook
Basic level proficiency with Microsoft Word, Excel, Teams and Outlook
Bachelor's degree in Finance, Economics, related field or equivalent combination of education and experience required
15+ years experience successfully managing investment portfolios for a wealth management company required
7+ years of investment leadership/supervisory experience required
Asset allocation process experience required
Nice to have:
Master's degree in Business preferred
Experience with Salesforce preferred
Professional certifications such as CFA (Chartered Financial Analyst) or CFP (Certified Financial Planner) preferred
What we offer:
employer sponsored health, dental, and vision insurance