Strategic Commercial Relationship Manager

Magnifi Financial; Saint Joseph (MN); On-site; USD 34,000 - 50,000; Full time

Benefits offered by this job

Tuition Reimbursement

Paid Time Off

Medical

Dental

Vision

Retirement Plan

Parental Leave

Bonus/Incentive Program

Health and Wellness Programs

Job summary

Magnifi Financial in Minnesota is seeking a Commercial Lending Associate to service a diverse portfolio in partnership with the Commercial Banking Officers, processing teams, and branch staff. You will gather and review loan documentation to ensure funding aligns with Magnifi Financial policies and regulatory requirements.

The role involves assisting members in loans, deposits, and services, communicating status to CBOs and teams, maintaining files, data entry for loan requests, and contributing

Qualifications

• Associate’s degree in a business-related field, or equivalent experience.
• Three years of commercial banking experience in a financial institution preferred, or equivalent knowledge and skills gained from related work experience.

Responsibilities

• Provides assistance in-person to commercial members in all areas of the member relationship with Magnifi Financial including loans, deposits, and other services.
• Effectively communicates to the commercial member, Commercial Banking Officer (CBO) and support staff teams on loan, deposit and services status/updates.
• Assists, directly and indirectly, with maintaining assigned CBO(s) deposit & loan portfolios.
• Maintains existing member commercial lending files by reviewing files and monitoring lending reports and ticklers to assure that proper documentation is included and up to date.
• Inputs data for all loan requests, renewals, ad hocs, change memos and annual reviews into the lending system.
• Monitors lending reports to ensure that proper documentation is included and up to date, also maintains existing member commercial lending files by reviewing files for accuracy & completion.

Education

Associate’s degree in a business-related field, or equivalent experience

Job description

Magnifi Financial in Minnesota is seeking a Commercial Lending Associate to service a diverse portfolio in partnership with the Commercial Banking Officers, processing teams, and branch staff. You will gather and review loan documentation to ensure funding aligns with Magnifi Financial policies and regulatory requirements.

The role involves assisting members in loans, deposits, and services, communicating status to CBOs and teams, maintaining files, data entry for loan requests, and contributing