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commercebank

commercebank

Team Lead, Commercial Banking

Role

Team Lead, Commercial Banking

Job type

-

Found on Mokaru

20 hours ago

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Salary

$198k - $234k/yearly

Job description

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

Annual Salary: $197,500.00 - $234,375.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to lead a team of Relationship Managers who are responsible for both the comprehensive management of existing commercial relationships as well as solicit new business opportunities with assigned customers and targeted prospects. Although it can vary by market, targeted companies generally include those with annual sales of $15MM and over.

Essential Functions

Manage a team of Relationship Managers who serve the banking needs for a particular territory and/or industry, to ensure a high level of customer satisfaction and retention

Develop departmental goals for new incremental income and coach direct reports on targeted sales activities to maximize new business opportunities

Ensure that the department is adequately staffed and trained to meet current and future needs

Provide career counseling and ensure that succession planning is addressed for critical roles

Review and analyze portfolio to reduce risk and enhance profitability

Review credit requests, including loan structuring, negotiating/pricing, collateral, ensuring adequate loan documentation, and analyze industry/credit risk

Participate in community and business functions/groups to ensure a positive image for the bank and to establish referral contacts within the marketplace

Ensure compliance with all bank policies, procedures, regulations, and laws

Oversee department workflow and effectively communicate decisions, priorities and relevant information to team members

Provide guidance to employees on departmental projects/issues, coach and develop training plans, lead development conversations and answer day-to-day questions for team members

Perform other duties as assigned

Manage a team of RMs with a combined portfolio of commercial relationships with some or all of the following characteristics:

Avg loan portfolio O/S of $150MM to $200MM

Avg deposit portfolio of $75MM to $100MM

Annual contribution of $3MM to $5MM

Knowledge, Skills & Abilities Required

Strong knowledge of full range of commercial products, credit policies, procedures and terminology

Goal oriented with well developed sales skills

Strong strategic, analytical, and problem-solving skills

Strong credit analysis skills, persuasive and negotiation skills

Ability to develop and coach team members with proven ability to achieve results through collaboration and teamwork

Self-starter with strong decision-making skills and the ability to effectively communicate and interact 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

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. Master’s degree in Business preferred

5+ years of commercial banking experience required

1+ years leadership experience required

Experience with structuring complex credit requests preferred

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 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 Team Lead, Commercial Banking 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 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 $197,500 to $234,375 annually. This position will be eligible for additional compensation through performance-based incentive plan(s) that will correspond to meeting performance goals.

#LI-KD1

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: 5049 Edwards Ranch Clearfork, Fort Worth, Texas 76109

Time Type

Full time

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