Real Estate Specialist

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

Hourly: $30.55 - $35.80 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to handle commercial real estate closings including the selection, price negotiation and approval of third party reports including title commitments, environmental assessments and surveys. This job is to review third party reports and resolve title issues, environmental concerns or survey exceptions.

Essential Functions

• Work directly with Commercial Real Estate (CRE) Servicing Supervisor and close working relationship with CRE Manager, attorneys, borrowers, relationship managers, general contractor, inspecting architect and title company during the commercial loan construction process

• Responsible for administering construction draw process including but not limited reviewing mechanic lien searches, inspection reports, loan budget comparison, submit for approval the draw funding, verifying the work was processed accurately, and update pipeline and commitment balance spreadsheets.

• Resolve any issues that arise during the construction loan phase

• Provide department leadership and stakeholders with technical expertise and communicate bank policies for customer presentation of the draw process

• Administer and reconcile accounts receivable general ledger account

• Support department with customer relations, including but not limited to, processes advances & payments, direct collection of deposits, wire transfers, overdrafts, fraud, etc.

• Perform other duties as assigned

Knowledge, Skills, & Abilities Required

• Strong knowledge of the Real Estate industry and best practices

• 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 level proficiency with Microsoft Word, Excel, Outlook, and Adobe Acrobat

Education & Experience

• Bachelor's degree or equivalent combination of education and work experience required

• 3+ years commercial banking experience required

• 1+ years residential real estate, title company, or legal and financial experience preferred

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.

*** 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 Specialist job and contemplates a wide range of factors that are considered in 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 $30.55 to $35.80. per hour.

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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