Private Client Advisor Associate

Private Client Advisor Associate

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.

Compensation Range Hourly : $23.20 - $26.90 (Amount based on relevant experience, skills, and competencies.)

Commerce Trust is a division of Commerce Bank. As a fiduciary and Wealth Management expert the Private Client Advisor Associate's primary responsibility is the support of our Private Client Relationship Managers who are accountable for the delivery of wealth management advisory services to ultra-high net worth clientele and their business partners.

About This Job

The main purpose of this job is to support the Private Client Advisors who are accountable for the delivery of wealth management advisory services to high net worth clients of Commerce Trust. Essential Functions :

• Act as an additional point of contact for clients and their business partners.
• Serve as a backup in the absence of the Family Office Relationship Managers.
• Assist with account administration, trust document review and interpretation, fund transfers, discretionary actions within fiduciary engagements, and coordination of documents for tax preparation.
• Resolve operational issues with internal and external business partners (Middle Office, The Private Bank, Fee Unit, etc.)
• Coordinate the account termination process (i.e. circulate termination notices, value assets, prepare distribution schedule, coordinate transfer of assets, etc.)
• Prepare documentation necessary to establish various account types, facilitate the transfer and receipt of assets and track account funding
• Input and maintain customer information in the client relationship management system
• Input documentation into the electronic file room
• Access and update information on the trust accounting platform
• Address customer inquiries received via phone, email, or in person
• Assist with significant cash processing for Family Office relationships.
• Maintain various spreadsheets for compliance purposes
• Perform other duties as assigned

Knowledge, Skills & Abilities Required

Knowledge of fiduciary responsibilities, typical trust provisions, various types of investment accounts, gifting strategies and asset collection / delivery

Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

Ability to remain adaptable and resilient in all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and core values

Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills

Advanced level proficiency with Microsoft Word, Excel and Outlook

Education & Experience

High School Diploma or equivalent combination of education and experience required. Associate's degree preferred.

2+ years office experience required

Wealth management or equivalent experience preferred

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.