Public Finance Banker

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.

• 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 Public Finance Banker III and Senior 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 $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