Commercial Banking Officer
Overview:
At MidWest One, our people are number one in everything we doWe are a community bank with a culture based on integrity and customer careThe people on our team are the foundation of our successIf you're ready to work for an organization that values you, develops your talents and helps you grow personally and professionally, then look no furtherResponsible for business development and portfolio management of commercial banking relationshipsCoordinates business development efforts with other officers across lines of businessCollaborates with credit and operations colleagues to underwrite, originate, service, monitor, and collect commercial purpose loans and grow depository, Treasury Management, and Wealth Management relationshipsAssumes a visible leadership role by serving the community and the bank as a role model of our operating principles
Responsibilities:
Client Retention and Revenue Generation At MidWest One , our mission is to take good care of our customers and those who should beMaintain regular, proactive contact with customers and prospective customers to maintain a deep understanding of their business, including current performance, outlook and goalsCreate and nurture a network of centers of influence, including accountants, attorneys, and other professionalsCollaborate with all areas of the bank to be highly responsive to answering customer questions and resolve issuesConduct joint calls with other officers, including other lines of business, to retain and expand the banks relationshipAdvocate effectively and ethically for the Bank to the client and for the client to the BankCommunicate effectively with Borrowers and prospective Borrowers to ensure understanding of Banks views, expectations, and requestsCommunicate in an effective and timely way internally with other Bank departments including Credit Administration to support having an accurate understanding of the revenue opportunities and risk dynamics of customer and prospective customer relationshipsGrow banks revenue in a relationship-based approach through generation of the following:
high quality loan outstanding to current and new customers new deposit fundings with particular emphasis on being the primary depository for clients, including non-interest bearing accounts and personal deposit accounts of the employees of Commercial Banking customers generation of loans fees and other non-interest income including Treasury Management and Wealth Management services qualified referral introductions for all lines of business Maintain record of customer contact and business development activities and results through Banks CRM software and reporting systemsRisk Management Second only to hiring decisions, client selection is the most important choice made by a commercial bankMaintain deep and updated understanding of the Banks credit policies and risk management philosophy and applicable regulations and compliance requirementsEmploy robust financial analysis to analyze loan requests and the financial condition of current and proposed lending arrangementsPartner effectively and constructively with Credit Administration in underwriting and reviewing Borrower relationships to produce a consistent, timely, and accurate understanding of risk profileApply deep understanding of prudent loan structuring in reviewing existing lending commitments and proposing new lending commitmentsApply thorough and well-informed loan documentation expertise in partnership with others inside and outside the Bank to review documents, negotiate transaction details, and consummate complex transactions accurately and on timeAssist customers in understanding and meeting their obligations, including payments, financial and project reporting, covenant compliance and borrowing base monitoring, as applicableAs needed, implement appropriate collection and risk remediation plans in concert with other Bank departments to minimize risk of lossThe Perks! Competitive base compensation with additional performance-based incentives/bonus potential (incentives and bonus will vary depending on role) Career growth opportunities Continuous learning opportunities 401(k) Retirement Plan with company match with immediate vesting Employee Stock Ownership Plan Employer provided group life insurance with option to purchase additional life insurance for you and your family members Employer provided long term and short term disability insurance Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more! Medical, Dental, and Vision insurance Flex spending plan & Health savings accounts Additional Insurance options to meet your personal needs:
Pet Insurance and Critical Illness and Accident insurance Student Loan Debt Reduction Program & Tuition Assistance Plan Wellness Program Free banking services and other financial services discounts Take Your Dog to Work Day in June Employee Rally Day- a day of celebration and recognition !
Qualifications:
Bachelor's degree from four-year college or university strongly preferred5
years in Commercial Banking/Lending role demonstrating robust business development and credit skills, including accounting and financial expertiseExperience with negotiating complex credit arrangements in the commercial lending arenaWe RISE by lifting othersRISE stands for Retention, Innovation, Support, and EmpowermentThrough RISE we aspire to create and sustain a culture of diversity, equity, inclusion and belonging at work and in our communitiesOur commitment to RISE is reflected in our operating principles, people and cultureWe pledge to continuously learn, so we can understand and support the differences of individuals, embrace each other's strengths, and provide opportunities for all of us to work toward and achieve our full potentialNow that you know more about us and the position, next step is for you apply so we can learn about you! Recommended Skills Retail Banking Unsecured Debt Loan Origination Refinancing Credit Reports Underwriting Estimated Salary: $20 to $28 per hour based on qualifications.
At MidWest One, our people are number one in everything we doWe are a community bank with a culture based on integrity and customer careThe people on our team are the foundation of our successIf you're ready to work for an organization that values you, develops your talents and helps you grow personally and professionally, then look no furtherResponsible for business development and portfolio management of commercial banking relationshipsCoordinates business development efforts with other officers across lines of businessCollaborates with credit and operations colleagues to underwrite, originate, service, monitor, and collect commercial purpose loans and grow depository, Treasury Management, and Wealth Management relationshipsAssumes a visible leadership role by serving the community and the bank as a role model of our operating principles
Responsibilities:
Client Retention and Revenue Generation At MidWest One , our mission is to take good care of our customers and those who should beMaintain regular, proactive contact with customers and prospective customers to maintain a deep understanding of their business, including current performance, outlook and goalsCreate and nurture a network of centers of influence, including accountants, attorneys, and other professionalsCollaborate with all areas of the bank to be highly responsive to answering customer questions and resolve issuesConduct joint calls with other officers, including other lines of business, to retain and expand the banks relationshipAdvocate effectively and ethically for the Bank to the client and for the client to the BankCommunicate effectively with Borrowers and prospective Borrowers to ensure understanding of Banks views, expectations, and requestsCommunicate in an effective and timely way internally with other Bank departments including Credit Administration to support having an accurate understanding of the revenue opportunities and risk dynamics of customer and prospective customer relationshipsGrow banks revenue in a relationship-based approach through generation of the following:
high quality loan outstanding to current and new customers new deposit fundings with particular emphasis on being the primary depository for clients, including non-interest bearing accounts and personal deposit accounts of the employees of Commercial Banking customers generation of loans fees and other non-interest income including Treasury Management and Wealth Management services qualified referral introductions for all lines of business Maintain record of customer contact and business development activities and results through Banks CRM software and reporting systemsRisk Management Second only to hiring decisions, client selection is the most important choice made by a commercial bankMaintain deep and updated understanding of the Banks credit policies and risk management philosophy and applicable regulations and compliance requirementsEmploy robust financial analysis to analyze loan requests and the financial condition of current and proposed lending arrangementsPartner effectively and constructively with Credit Administration in underwriting and reviewing Borrower relationships to produce a consistent, timely, and accurate understanding of risk profileApply deep understanding of prudent loan structuring in reviewing existing lending commitments and proposing new lending commitmentsApply thorough and well-informed loan documentation expertise in partnership with others inside and outside the Bank to review documents, negotiate transaction details, and consummate complex transactions accurately and on timeAssist customers in understanding and meeting their obligations, including payments, financial and project reporting, covenant compliance and borrowing base monitoring, as applicableAs needed, implement appropriate collection and risk remediation plans in concert with other Bank departments to minimize risk of lossThe Perks! Competitive base compensation with additional performance-based incentives/bonus potential (incentives and bonus will vary depending on role) Career growth opportunities Continuous learning opportunities 401(k) Retirement Plan with company match with immediate vesting Employee Stock Ownership Plan Employer provided group life insurance with option to purchase additional life insurance for you and your family members Employer provided long term and short term disability insurance Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more! Medical, Dental, and Vision insurance Flex spending plan & Health savings accounts Additional Insurance options to meet your personal needs:
Pet Insurance and Critical Illness and Accident insurance Student Loan Debt Reduction Program & Tuition Assistance Plan Wellness Program Free banking services and other financial services discounts Take Your Dog to Work Day in June Employee Rally Day- a day of celebration and recognition !
Qualifications:
Bachelor's degree from four-year college or university strongly preferred5
years in Commercial Banking/Lending role demonstrating robust business development and credit skills, including accounting and financial expertiseExperience with negotiating complex credit arrangements in the commercial lending arenaWe RISE by lifting othersRISE stands for Retention, Innovation, Support, and EmpowermentThrough RISE we aspire to create and sustain a culture of diversity, equity, inclusion and belonging at work and in our communitiesOur commitment to RISE is reflected in our operating principles, people and cultureWe pledge to continuously learn, so we can understand and support the differences of individuals, embrace each other's strengths, and provide opportunities for all of us to work toward and achieve our full potentialNow that you know more about us and the position, next step is for you apply so we can learn about you! Recommended Skills Retail Banking Unsecured Debt Loan Origination Refinancing Credit Reports Underwriting Estimated Salary: $20 to $28 per hour based on qualifications.
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