Commerce Bank
Challenge Accepted
Division Manager, Commercial Banking
Location
Minnesota
Posted
15 days ago
Salary
$207.6K - $267K / year
Bachelor Degree6 yrs expEnglish
Job Description
• Lead a team of Relationship Manager(s), Portfolio Manager(s), and Commercial Loan Specialist(s)
• Manage a team of Relationship Managers that serves the banking needs for a particular territory and/or industry
• Develop departmental goals for new incremental income in conjunction with corporate goals
• Ensure that the department is adequately staffed and trained
• Lead all necessary management functions including hiring, evaluations, and annual merit increase allocations
• Review and analyze portfolio to manage risk and enhance profitability
• Participate in community/industry functions/groups
• Ensure compliance with all bank policies, procedures, regulations, and laws
• Oversee department workflow and communicate decisions to team members
• Manage a team of RMs with a combined portfolio of commercial relationships
Job Requirements
- Bachelor’s degree or equivalent combination of education and experience required
- Master’s degree in Business preferred
- 6+ years of commercial banking experience required
- 2+ years leadership experience required
- Strong knowledge of commercial products, credit policies, procedures and terminology
- Goal oriented with well-developed sales skills
- Strong strategic, analytical, and problem-solving skills
- Strong credit analysis, persuasion, and negotiation skills
- Ability to develop and coach team members with demonstrated success achieving results through collaboration and teamwork
- Self-starter with strong decision-making skills
- Ability to effectively communicate and interact with all levels of the company
- Ability to remain adaptable and resilient
- Ability to maintain a valid driver’s license
- Intermediate level proficiency with Microsoft Word, Excel and Outlook
Benefits
- employer sponsored health, dental, and vision insurance
- 401(k)
- life insurance
- paid vacation
- paid personal time
- career development
- education assistance
- voluntary supplemental benefits