About This Job
The main purpose of this job is to provide day-to-day portfolio management decision making for a segmented asset type including as applicable buy sell or held recommendations, asset acceptance, asset documentation, ongoing servicing including income collection, negotiating sales and compliance risk management.
Essential Functions
Perform administrative responsibilities related to the management of a portfolio of properties that may include residential, residential rental, multiple tenants, commercial, and other income producing properties
Perform administrative responsibilities related to the management of oil, gas & mineral interests and agricultural real estate through a third party outsource provider
Provide expert advice and counsel on property management related matters for the assigned portfolio as well as be a subject matter expert for helping develop new business opportunities
- Assess risk of the Trust Company being asked to serve as fiduciary for accounts holding real estate and the impact on relationship profitability
- Perform other duties as assigned
- Knowledge, Skills & Abilities Required
- Strong knowledge of real estate laws as they pertain to the title and transfer of real property
- Strong knowledge of the sale process and ability to independently negotiate the listing and sale of property
- Strong knowledge of the leasing process and ability to negotiate lease renewals and extensions
Strong knowledge of appraisal techniques, property inspections, lease trends and alternatives, tenant selection, lease negotiations and property management, market analysis, listing and purchase agreements, coordination of ongoing maintenance and/or remodeling, and title issues
- Excellent analytical and problem-solving skills
- Familiarity with business terms, trust and investment relationships and ability to interpret and summarize provisions of complex legal trust documents
- 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
- Strong skills on PC applications for word processing, spreadsheet and databases
- Education & Experience
- Bachelor’s degree in business, finance, real estate, accounting or management or equivalent combination of education and experience required
- 5+ years trust, bank or real estate management experience required
- 2+ years of experience in the sale of real estate or in a property management role preferred
- 2+ years of experience in a fast-paced environment with a focus on accuracy, service and accountability to deliver results, individually and with the team preferred
- * Must be eligible to work in the U.S. without sponsorship now or in the future
- **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 Advisor I, 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 $63,500 to $123,500 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: 1000 Walnut St, Kansas City, Missouri 64106
Time Type:
Full time
