Now Hiring - Commerce Bancshares, Inc. - Financial Services Real Estate Advisor - Commerce Trust Company in Saint Louis, MO

About Working at Commerce

Wouldn’t it be great to build your career at a bank that’s known for helping people with their financial challenges? That’s exactly what you’d be doing when you join the team at Commerce Bank. We’re looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You’d be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions.

No wonder we’ve been an industry leader for over 155 years and have developed a reputation as a great place to work in the financial services world. If you’d like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We’re always looking for the best and brightest.

Since 1906, Commerce Trust, a division of Commerce Bank, has been a leading provider of investment management, financial planning, trust and private banking services. Commerce Trust provides a full range of wealth and investment planning services to individuals and institutions. We build a comprehensive team around our client’s unique personal and financial situation, managing their wealth and helping them achieve their long-term goals. Commerce Trust received the 2019 Highly Commended Private Wealth Manager Award (Over $5 Billion) by Private Asset Management and 2021 Global Finance’s Best Private Banking Award for the Midwest Region. Commerce Trust administers over $57 billion in total client assets.

About This Job

The purpose of this position is to oversee the acceptance of and coordinate the management of real estate properties held in Trust Company client portfolios. The Real Estate Advisor provides day-to-day portfolio management decisions including, as applicable; buy, sell, or hold recommendations, asset acceptance, asset documentation and management agreement review, interpretation, and implementation; ongoing servicing including income collection and liability payment; retention; lease negotiations and sales; and compliance and risk management.

Essential Functions

• Perform administrative responsibilities related to the management of a portfolio of properties that may include residential, residential rental, multiple tenants, commercial, and other income producing properties

• Perform administrative responsibilities related to the management of oil, gas & mineral interests and agricultural real estate through a third party outsource provider

• Provide expert advice and counsel on property management related matters for the assigned portfolio as well as be a subject matter expert for helping develop new business opportunities

• Assess risk of the Trust Company being asked to serve as fiduciary for accounts holding real estate and the impact on relationship profitability

• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Strong knowledge of real estate laws as they pertain to the title and transfer of real property

• Strong knowledge of the sale process and ability to independently negotiate the listing and sale of property

• Strong knowledge of the leasing process and ability to negotiate lease renewals and extensions

• Strong knowledge of appraisal techniques, property inspections, lease trends and alternatives, tenant selection, lease negotiations and property management, market analysis, listing and purchase agreements, coordination of ongoing maintenance and/or remodeling, and title issues

• Excellent analytical and problem-solving skills

• Familiarity with business terms, trust and investment relationships and ability to interpret and summarize provisions of complex legal trust documents

• 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

• Strong skills on PC applications for word processing, spreadsheet and databases

Education & Experience

• Bachelor’s degree in business, finance, real estate, accounting or management or equivalent combination of education and experience required

• 5+ years trust, bank or real estate management experience required

• 2+ years of experience in the sale of real estate or in a property management role preferred

• 2+ years of experience in a fast-paced environment with a focus on accuracy, service and accountability to deliver results, individually and with the team preferred

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