CommerceBank

Product Manager - Commerce Trust

MO - Kansas City Downtown/Plaza - Kansas City - KC Downtown Trust Building (922 Walnut) (64106) Full time

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

Hourly: $91,000.00 - $121,000.00 (Amount based on relevant experience, skills, and competencies.)

For more than a century, Commerce Trust has been a leading provider of wealth management services including financial planning, estate and tax planning, investment management, private banking and trust administration services. Our approach to wealth management means assembling a team of seasoned wealth management professionals across disciplines who collaborate to ensure each client’s financial journey is uniquely crafted for their goals. 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. 

The Wealth Management Private Banking Product Manager is a key point of contact supporting our Private Banking service offering within Commerce Trust Company. Commerce Trust Company, a division of Commerce Bank, is ranked among the top 25 investment advisors in the U.S. with over $55 billion in client assets. The Commerce Trust Company concentrates on serving individuals, families, business owners and institutions investment management needs through a combination of world class capabilities and resources, objective advice, customized solutions and unparalleled service.

About This Job

The main purpose of this job is to drive the decisioning, planning, execution and communication of the Private Banking Program and ensure the competitiveness of existing and evaluation of new products and systems within Commerce Trust.  The Private Banking Program covers complex and integrated solutions across the organization.

Essential Functions

  • Partner with business line leaders to define, lead and influence the execution of Private Banking strategic business initiatives

  • Lead and influence strategic initiatives to maintain competitiveness of current offerings and assess opportunities for new products, systems, and feature

  • Make recommendations to business line leadership in concert with the strategic direction

  • Independently create the vision and implementation timeline of identified program features and deliverables

  • Prepare business cases for new products and drive prioritization of initiatives

  • Create and confidently communicate the business roadmap vision and status to senior leaders and stakeholders

  • Serve as the primary decision-maker, directing and authorizing execution efforts across all participating teams

  • Lead vendor analysis efforts and provide input to product marketing plans

  • Independently lead vendor and technology partner relationships in the execution of the strategic plan

  • Consult and guide the development of product training and oversee the transition of product support to designated day-to-day support teams

  • Perform other duties as assigned

Knowledge, Skills & Abilities Required

  • Proficient in understanding product infrastructure and relevant legal and regulatory requirements

  • Proficient knowledge and hands-on experience in Product Management

  • Proficient knowledge and hands-on experience in Program Management

  • Excellent relationship management skills

  • Demonstrated ability to resolve problems and identify and drive process improvements

  • Demonstrated ability to set goals, monitor and drive results

  • Demonstrated ability to autonomously work and lead multiple priority projects

  • Proven track record in building and leading projects of a wide variety of disciplines and backgrounds

  • Demonstrated strong business acumen and the ability to make timely and sound business decisions

  • Motivated and organized self-starter with strong attention to detail

  • 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

  • Intermediate knowledge of Microsoft Excel, Word and Outlook

Education & Experience

  • Bachelor’s degree in Business, or an equivalent combination of education and experience

  • 2+ years of experience required in Product or Program management or a similar capacity

  • 2+ years of experience preferred in leading a cross-functional team

  • 2+ years of experience preferred with financial products and systems

  • Experience preferred in the finance or investment management industries

The Wealth Management Private Banking Product Manager is a key influencer and leader of our Private Banking within Commerce Trust. Commerce Trust, a division of Commerce Bank, is ranked among the top 25 investment advisors in the U.S. with over $75 billion in client assets. Commerce Trust concentrates on serving individuals, families, business owners and institutions investment management needs through a combination of world class capabilities and resources, objective advice, customized solutions and unparalleled service.

**Level of role is determined by knowledge, experience, skills, abilities, and education

***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 Product Manager II & Senior - CTC 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 not 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 $91,000 to $121,000 annually. Depending on the job level, this position may be eligible for additional compensation through performance-based incentive plan(s) that will correspond to meeting performance goals.

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: 922 Walnut St, Kansas City, Missouri 64106

Time Type:

Full time