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Public Finance Banker

Commerce Bancshares, Saint Louis, Missouri, United States, 63146

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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: $105,000.00 - $150,000.00 (Amount based on relevant experience, skills, and competencies.)

About This Job The main purpose of this job is to serve public sector clients in the Missouri/Illinois region to meet the complex investment banking needs of municipalities. Public Finance Bankers work closely with various finance-related teams to address challenges specifically faced within the public sector.

Essential Functions

Closely monitor financial details about their public sector organization to meet long-term monetary goals

Structure and price bond deals

Consistently engage in proactive outreach by scheduling and conducting regular prospecting calls and meetings each month to build and maintain a strong pipeline of opportunities

Present bond deals to School Boards, city council members, and other government entities

Provide underwriting and financial advisory services to state & local governments and not-for-profit entities

Leverage expert knowledge to facilitate the issuance of taxable and tax-exempt debt across a range of sectors

Research client debt load, local economy, financial strengths

Develop models to structure and optimize debt transactions

Prepare analyses on client outstanding debt, future debt capacity and credit profile

Prepare disclosure documents for bond sales

Prepare presentations to bond rating agencies

Perform other duties as assigned

Knowledge, Skills & Abilities Required

Strong ability to analyze quantitative operations

Excellent verbal and written communication skills

Strong communication and professional presence with clients

Ability to maintain and produce an established list of contacts from existing and/or potential clients

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

Relationship focused where the individual is the firm’s point of contact for the client

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

Strong 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

Advanced level proficiency with Microsoft Word, Excel, Teams and Outlook

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

Education & Experience

Bachelor’s degree in business or economics, or equivalent combination of education and experience required

6+ years working in a related field such as banking, accounting or governmental finance required

Prior management experience

Have, or obtain within 6 months, FINRA SIE, Series 52, Series 50, and Series 63 Licenses.

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 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.

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

A reasonable estimate of the current base pay is $105,000 to $150,000 annually. This position will 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: 8000 Forsyth Blvd, Clayton, Missouri 63105

Time Type: Full time

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