Market President

Bank of Colorado; Longmont (CO); On-site; USD 160,000 - 200,000; Full time

Benefits offered by this job

Paid holidays

PTO days

Health/dental/vision

HSA contributions

401K with employer contributions

Job summary

Bank of Colorado seeks a Market President to drive overall performance, reputation, and growth in the Colorado market, including loan quality and financial performance. The role plans, develops, directs, and reviews bank policies and practices to meet objectives and regulatory standards.

Compensation ranges from $160,000 to $200,000, reflecting leadership responsibilities, loan committee involvement, and strategic execution for continued expansion and service excellence.

Qualifications

• Knowledge of finance, investments, lending, accounting, and economics.
• Understanding of bank operations and management principles.
• Proficiency with computers and office equipment.
• Strong communication with colleagues and business contacts.
• Excellent problem-solving and attention to detail.
• Sound decision-making abilities.
• Ability to work efficiently with minimal supervision.
• Team player mentality.
• Ability to manage staff performance.

Responsibilities

• Ensures quality and service across banking processes and supports sales activities.
• Implements bank business plan while ensuring regulatory compliance and financial objectives.
• Maintains commercial loan portfolio and may chair loan committee.
• Directs management personnel through appraisals, training, problem resolution, discipline, and staff-related decisions.
• Keeps current with industry knowledge and participates in pricing and marketing of bank products.
• Attends bank president meetings and completes projects and presentations.
• Engages in civic and community organizations and promotes the bank.
• Performs other related duties as assigned by management.
• Maintains regular and reliable attendance.

Skills

Finance knowledge

Banking operations

Computer proficiency

Communication

Problem solving

Attention to detail

Decision making

Self-management

Team player

Staff performance

Education

College degree preferred

10 years banking experience

5 years management experience

Job description

The Market President is accountable for the overall performance, reputation, and expansion of the bank. This role oversees loan quality and financial performance, ensuring the integrity of bank services. The incumbent is responsible for implementing bank strategies by planning, developing, directing, and reviewing policies and practices.

Compensation: Salary $160,000-$200,000

RESPONSIBILITIES AND DUTIES

• Ensures quality and service are maintained across various banking processes by communicating with customers and participating periodically in these processes. Supports and monitors sales activities.
• Implements bank business plan by planning, developing, directing, and reviewing financial policies and practices to ensure regulatory compliance, financial objectives, goals, and institutional growth are met.
• Maintains commercial loan portfolio and serves as a member of the loan committee. May chair the committee in the absence of the chairman.
• Directs the activities of bank management personnel through performance appraisals, training, problem resolution, discipline, and making administrative decisions regarding unique situations. Oversees that sales program goals are achieved.
• Keeps current with industry knowledge by reading various publications and correspondence. Participates in product pricing and marketing of the bank's products.
• Attends bank president meetings and completes projects and presentations as requested.
• Engages in civic and community organizations, representing the bank while following personal interests. Promotes the bank whenever possible.
• Performs other related duties as assigned by management.
• Ability to maintain regular and reliable attendance

KNOWLEDGE, SKILL, AND ABILITIES

• Knowledge of finance, investments, lending, accounting, and economics.
• Understanding of bank operations and management principles.
• Proficiency in using computers, office equipment and other technology.
• Effective communication with colleagues and business contacts.
• Strong problem-solving abilities.
• Attention to detail.
• Sound decision-making skills.
• Ability to work efficiently with minimal supervision.
• Team player mentality.
• Ability to effectively manage performance of their staff.

EDUCATION AND EXPERIENCE

• College degree preferred1
• Prefer 10 years banking experience and 5 years management experience.

Benefits

• Benefits for employees working at least 35 hours per week include 8 paid holidays; 17 PTO days each year for the first five years of employment (employees must complete 90-day introductory period prior to accruing PTO); 16 hours of paid sick time upon hire date; health, dental, prescription drug card, vision, and voluntary life insurance plans; health savings account with employer contributions; flexible medical and dependent care spending plans; 401K plan after 3 months and start of next quarter with employer contributions and profit sharing; $50,000 group term life insurance; long term disability insurance and employee assistance program. If working less than 35 hours per week, above benefits are modified