Estate Settlement Advisor - Commerce Trust

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.

Annual Salary: $80,000.00 - $ (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.

The main purpose of the Estate Settlement Advisor (ESA) is to serve our clients and partner with our Private Client Advisors (PCA’s) in any decedent matters that result in Commerce Trust (CT) being appointed as Personal Representative or Successor Corporate Trustee, including deaths of Grantors of Revocable and Irrevocable Trusts with Commerce Trust as Trustee, or where CT has been retained by the Trustee or Personal Representative to perform these duties in an Agency relationship.

• Manage an assigned portfolio of accounts through the estate settlement process of which a high percentage will be low to moderately complex in nature. The degree of complexity is generally correlated to the size and nature of the gross estate, terms of governing documents, asset mix, number of decision makers, beneficiaries, and other attributes that will increase the time and expertise required to successfully administer the estate.
• Manage assigned portfolio of accounts with supervision
• Participate in meetings with Wealth Management Consultant (WMC) and Private Client Advisor (PCA) to support ongoing development of new business opportunities that involve Estate Settlement
• Participate in client meetings with PCA to support transition of responsibilities to ESA and provide overview of process for beneficiaries
• Complete necessary due diligence and coordination of approval or declination to serve as Trustee or Personal Representative in accordance with CT policies and procedures
• Manage responsibilities in a way that instills confidence in CT and enhances the ability to retain business upon completion of estate settlement process
• With supervision, interpret the governing instrument and applicable law to establish account records, including payment and fee schedules. Write to beneficiaries and co‑fiduciaries to outline administrative procedures.
• Communicate with portfolio managers regarding investment objectives and liquidity needs
• Identify, collect and secure decedent's tangible and intangible assets
• Perform other duties as assigned

• Working knowledge of wealth management services, such as wealth transfer planning, taxation, estate planning, and wealth management products and services acquired through work‑related experience
• Understanding of fundamental legal, tax, and financial concepts
• Ability to work in a team‑based environment, assist with tasks, and participate in meetings effectively
• Professional presence and approach with a desire to meet client expectations
• Willingness to learn and develop skills through continuing education
• Ability to support and collaborate with team members
• Strong customer service skills to interact with clients and address their needs
• Problem‑solving…