Sales Representative - CMG

Commerce Bank

St. Louis (MO)

On-site

USD 43,000 - 53,000

Full time

9 days ago

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Benefits offered by this job

Health, dental, and vision insurance

401(k)

Life insurance

Paid vacation

Paid personal time

Career development

Education assistance

Voluntary benefits

Job summary

Commerce Bank in the United States is seeking a Sales Representative – CMG to drive new business opportunities with community banks and financial institutions across assigned regional territories. You will support client servicing, grow a regional book of business, and collaborate with senior teams on fixed income products and related services.

The role requires strong sales, relationship-building, and travel to meet clients in person.

Qualifications

Bachelor’s degree in business or related field with emphasis in Finance, Accounting, Entrepreneurship or Economics, or equivalent combination of education and experience.
1+ years financial services industry experience required.
2+ years outbound sales experience preferred.
Commissioned sales experience preferred.

Responsibilities

Solicit new business opportunities with community banks and other financial institutions within assigned regional territories by utilizing a consultative sales approach to introduce investment products and related services to engage with executive management to build relationships and grow market presence.
Manage book of business curated through business development efforts including Community Banks, Money Managers, Public Entities, and other financial institutions.
Work with senior sales, trading, and asset liability management teams to learn the skills necessary to speak with portfolio managers at banks and other institutions.
Market fixed income products and related services to reach annual production goals.
Assist senior sales representatives as needed.
Perform other duties as assigned.

Skills

Banking knowledge

Fixed income products

Sales skills

Relationship sales cycles

Travel to clients

Analytical problem solving

Attention to detail

Communication skills

MS Office proficiency

Education

Bachelor's degree in business

1+ years financial services experience

FINRA/SIE/Series licenses

Broker-Dealer licensed

Tools

Bloomberg

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: $48,000.00 - $48,000.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to solicit new business opportunities with community banks and other financial institutions within assigned regional territories and support new business development and client servicing within our commercial coverage territories.

Essential Functions

Solicit new business opportunities with community banks and other financial institutions within assigned regional territories by utilizing a consultative sales approach to introduce investment products and related services to engage with executive management to build relationships and grow market presence
Manage book of business curated through business development efforts including Community Banks, Money Managers, Public Entities, and other financial institutions
Work with senior sales, trading, and asset liability management teams to learn the skills necessary to speak with portfolio managers at banks and other institutions
Market fixed income products and related services to reach annual production goals
Assist senior sales representatives as needed
Perform other duties as assigned

Knowledge, Skills & Abilities Required

Basic knowledge of the banking and/or finance industry
Ability to learn fixed income product sets
Strong strategic, analytical, and problem-solving skills
Well-developed sales skills
Ability to travel to meet with clients and prospects in person to facility building trusted relationships
Ability to assist with managing complex relationship sales cycles
Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria; ongoing employment may be contingent upon meeting all drivingrequirements
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
Basic level proficiency with Microsoft Word, Excel, Teams and Outlook

Education & Experience

Bachelor’s degree in business or related field with an emphasis in Finance, Accounting, Entrepreneurship or Economics, or equivalent combination of education and experiencerequired
1+ years financial services industry experience required
2+ yearsoutbound sales experience preferred
Commissioned sales experience preferred
Experience with Bloomberg preferred
SIE, Series 52, 7, and 63 registration or ability to obtain within 180 days of hire
Licensed to join a Bank Dealer and/or FINRA Broker Dealer 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 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 Sales Representative – CMG job and contemplates a wide range of factors that are considered in determining most appropriate job level and 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 $48,000 annually. This position will be eligible for additional compensation through performance-based incentive plans that will correspond to meeting performance goals.

Must be eligible to work in the US without sponsorship now or in the future.

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.