Commercial Lender

Deerwood Bank; Baxter (MN); On-site; USD 80,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Health Savings Account

Flexible Spending Account

Vision insurance

Life insurance

Short-term disability insurance

Long-term disability insurance

Adoption Assistance Program

Employee Assistance Program

PTO

Paid holidays

401(k) with company match

Financial wellness education

Employee discounts

Referral bonus

Job summary

Deerwood Bank in the Brainerd Lakes Area is seeking an experienced Commercial Lender to grow and manage business banking relationships. You will build lasting client relationships, structure sound credits, and deliver practical lending solutions in a community-focused setting.

Responsibilities include growing the market, maintaining a quality loan portfolio, and ensuring timely documentation and compliance.

Qualifications

• Five or more years of commercial lending experience.
• Bachelor’s degree in business, finance, economics, or a related field.
• Strong understanding of commercial credit, loan structure, and portfolio management.
• Relationship-driven approach with a track record of developing business.
• Clear communication, sound judgment, and dependable follow-through.
• Genuine interest in supporting local businesses and communities.

Responsibilities

• Build lasting relationships with business clients and connect them with lending and banking solutions.
• Manage a quality loan portfolio with sound credits and complete documentation.
• Grow the market by developing new business and connecting with referral partners.
• Keep lending simple and responsive through clear communication and follow-through.
• Make sound local decisions following credit policy, underwriting standards, and laws.
• Show up for the community and team by collaborating across the Bank.

Skills

Commercial lending

Education

Bachelor's degree in business/finance/economics

Job description

Salary Range: $80,000.00 To $130,000.00 Annually

Deerwood Bank is a $1.5 billion community bank built on strong relationships, local decisions, and straightforward service. We are looking for an experienced Commercial Lender to grow and manage business banking relationships in the Brainerd Lakes Area. This is a great opportunity for someone who enjoys getting to know clients, finding practical solutions, and being active in the community.

What You’ll Do

• Build lasting relationships. Get to know business clients, understand their goals, and connect them with lending and banking solutions that make sense.
• Manage a quality loan portfolio. Structure sound credits, work closely with credit analysts, maintain complete documentation, and stay ahead of renewals, past dues, risk ratings, and other portfolio needs.
• Grow the market. Deepen existing relationships, develop new business, and build connections with accountants, attorneys, business leaders, and other referral partners.
• Keep lending simple and responsive. Communicate clearly, follow through, and make it easy for clients and coworkers to do business with you.
• Make sound, local decisions. Follow the Bank’s credit policy, underwriting standards, and applicable laws and regulations while using good judgment and practical problem-solving.
• Show up for the community and the team. Be active in local organizations, collaborate across the Bank, and share your experience with developing lenders and credit staff.

What We’re Looking For

• Five or more years of commercial lending experience.
• A bachelor’s degree in business, finance, economics, or a related field.
• A strong understanding of commercial credit, loan structure, and portfolio management.
• A relationship-driven approach and a track record of developing business.
• Clear communication, sound judgment, and dependable follow-through.
• A genuine interest in supporting local businesses and the communities we serve.
• SBA lending experience is a plus.

Why Join Deerwood Bank?

At Deerwood Bank, we believe banking should be straightforward, helpful, and built on real relationships. Our “nice and simple” culture means we work hard, treat people well, communicate clearly, and find practical ways to help our customers, communities, and one another succeed. As a growing community bank, we offer the opportunity to make a meaningful impact without getting lost in layers of complexity. You will have room to build trusted business relationships, make sound lending decisions, contribute ideas, and help local businesses and Deerwood Bank grow.

Starting pay range: $80,000-$130,000 annually, plus metric-based incentive

Standard work hours: Monday - Friday 8:00am - 5:00pm, with additional hours for customer or business needs.

Benefits are available to employees working 30 or more hours per week on the first of the month following date of hire.

• Medical insurance, including virtual telemedicine and mental health counseling
• Health Savings Account
• Flexible Spending Account (health, limited purpose health, and dependent care)
• Vision insurance
• Life insurance (basic and voluntary)
• Short-term disability insurance
• Long-term disability insurance
• Adoption Assistance Program
• Employee Assistance Program
• PTO
• Paid holidays
• 401(k) with company match (eligible on the first of the month following 2 months of employment)
• Financial wellness education
• Free or reduced fees for banking products and services
• Employee Referral Bonus