Commercial Banking Relationship Manager

Commerce Bank; Minneapolis (MN); Hybrid; USD 136,850 - 233,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

401(k)

Paid vacation

Career development

Job summary

Commerce Bank is seeking a Commercial Banker in Minneapolis to manage existing commercial relationships and solicit new business opportunities. Candidates should possess strong banking experience and knowledge of commercial products.

This full-time role offers a salary range from $136,850 to $233,000 based on expertise. Benefits include health insurance and career development opportunities.

Qualifications

• Bachelor's degree in Business Administration or equivalent experience required.
• 8+ years of commercial banking experience required.
• Strong knowledge of credit policies and commercial products.

Responsibilities

• Coordinate with customers to acquire new business.
• Serve as the primary advisor for a portfolio of commercial relationships.
• Facilitate credit requests and loan structuring.

Skills

Strong knowledge of commercial products

Sales skills

Analytical skills

Time management

Interpersonal communication

Education

Bachelor's degree in Business Administration

8+ years of commercial banking experience

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

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.

Compensation Range

Annual Salary: $136,850.00 - $233,000.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to be involved in both the comprehensive management of existing commercial relationships as well as solicit new business opportunities with assigned customers and targeted prospects. Although it can vary by market, targeted companies generally include those with annual sales of $50MM and over.

Essential Functions

• Coordinate with assigned customers and targeted prospects with the objective to acquire new business
• Serve as the primary advisor for an assigned portfolio of diverse and complex commercial relationships, ensuring a high level of customer satisfaction and retention
• Coordinate with product partners to cross-sell a full range of products and services
• Critically review and analyze portfolio to reduce risk and enhance profitability
• Facilitate credit requests, including loan structuring, negotiating/pricing, collateral, ensuring adequate loan documentation, and analyzing industry/credit risk
• Facilitate the resolution of customer problems, engaging product experts as needed
• Participate in community and business functions/groups to ensure a positive image for the bank and to establish referral contacts within the marketplace
• Ensure compliance with all bank policies, procedures, regulations, and laws
• Manage a portfolio of commercial relationships with some or all of the following characteristics:
• Average loan portfolio O/S of $100MM to $150MM
• Average deposit portfolio of $50MM to $100MM
• Annual contribution of $750M to $1.5MM
• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Strong knowledge of full range of commercial products, credit policies, procedures, and terminology
• Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria; ongoing employment may be contingent upon meeting all driving requirements
• Strong time management skills, with ability to appropriately prioritize calling activities and strategies
• Goal oriented with well-developed sales skills
• Strong strategic, analytical, and problem-solving skills
• Ability to mentor and provide leadership to junior roles
• Experienced at structuring complex credit requests
• 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 aligned with our culture and core values
• Basic proficiency with Microsoft Word, Excel and Outlook

Education & Experience

• Bachelor’s degree in Business Administration, or equivalent combination of education and experience required
• 8+ years of commercial banking experience required

Benefits

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. To learn more, click here.

Location

Remote, Minneapolis, Minnesota 55403-2581

Time Type

Full time