From Career Development Tips with Kevin Barth · · Mizzou Business | Trulaske College of Business
“Because of consolidation, many banks have eliminated their training programs over the last 15 years. It's a very specialized thing to learn how to assess risk and critical thinking skills, and many banks now regret cutting these programs.”
On , Kevin Barth, Executive Vice President at COMMERCE BANCSHARES INC, spoke about banking training during Career Development Tips with Kevin Barth on Mizzou Business | Trulaske College of Business.
Kevin Barth, Executive Vice President at Commerce Bancshares, spoke about career development and the banking industry during a 2014 lecture at the Robert J. Trulaske Senior College of Business. Barth described banking as primarily existing to help customers access the payment system and noted that the industry involves managing risk with depositors' money. He stated that Commerce Bancshares has shown strong shareholder performance compared to industry indices. Barth offered advice to students on career growth, emphasizing the importance of learning, building credibility through customer relationships, and gaining visibility within an organization. He noted that about 60% of senior management in banking is expected to retire in the next five to ten years, creating opportunities for new graduates. Barth also discussed the bank's low turnover rate for commercial bankers and its investment in employee development programs.