Real Estate Associate
Commerce Bank
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 more than 155 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: $20.90 - $26.90 (Amount based on relevant experience, skills, and competencies.)
About This Job
The main purpose of this job is to provide support to Commercial Real Estate Bankers as well as serve as a primary contact for deposit and loan portfolio issues.
Essential Functions
+ Serve as the primary customer contact for loan administration issues, depository accounts, and contact customers for updated financial information and other confidential correspondence
+ Manage fraud, overdrafts, and mortgage warehousing daily
+ Prepare ELARs as need ed , obtain needed approvals, and submit to Commercial Loan Servicing (CLS)
+ Submit completed loan documentation to CLS and manage the booking process
+ Process real estate documentation including title work, recording, and insurance
+ Request appraisal reviews and flood letters
+ Clear documentation exceptions and review exceptions for assigned officers
+ Process loan advances and paydowns as well as account and wire transfers
+ Coordinate new deposit account openings and closings
+ Create and maintain loan documentation files
+ Provide administrative support to Commercial Bankers
+ Assist in the preparation of Loan Committee materials and other management reports
+ Assist with identifying and referring cross-selling opportunities
+ Perform other duties as assigned
Knowledge Skills & Abilities Required
+ Proficient in various systems and all loan documentation policies and procedures, including knowledge of best practices
+ Skilled at PowerPoint, ELAR, BDEV, CRISP, Shaw, CAC, and Branch Connections
+ Ability to develop working relationships with customers
+ Ability to learn and leverage new technology
+ Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities and achieve deadlines under pressure
+ 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 level proficiency with Microsoft Word, Excel and Outlook
Education & Experience
+ High School diploma or equivalent combination of education and experience required
+ Associate's Degree in Business, Finance, or related field preferred
+ 2+ years related experience required
**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 Real Estate Associate and Senior Real Estate Associate 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 $20.90 to $26.90 per hour.
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 (https://careers.commercebank.com/us/en/benefits) to learn more.
Location: 8001 Forsyth Blvd, St. Louis, Missouri 63105
Time Type:
Full time
Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team.
Why Commerce? (https://www.commercebank.com/careers/about-commerce) Inclusion at Commerce How to Join Our Team (https://www.commercebank.com/careers/how-to-join-our-team)
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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.
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