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Commercial Relationship Manager II
Commercial Relationship Manager IIFirst Interstate Bank • Burlington, IA, US
Commercial Relationship Manager II

Commercial Relationship Manager II

First Interstate Bank • Burlington, IA, US
30+ days ago
Job type
  • Full-time
Job description

Commercial Banking Position

This position is located at our Burlington, IA N. Roosevelt Ave. branch.

We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

  • Generous Paid Time Off (PTO) in addition to paid federal holidays.
  • Student debt employer repayment program.
  • 401(k) retirement plan with a 6% match.
  • The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve.

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for TeamFirstInterstate.

This role serves as an intermediate level commercial banking position with functionality ranging from business development utilizing a small business platform to supporting senior bankers as an apprentice relative to portfolio management and experience with complex credit functions. Drives shareholder value through a collaborative effort to generate quality earnings through interest income growth, via maintaining margin and credit quality, and non-interest income through collaboration with business partners while simultaneously understanding the importance of expense control. Maintains an average loan portfolio size of at least $20MM up to $50MM and manages at least 50 bank relationships or may provide support to CRM III / Senior with a loan portfolio over $50MM.

Essential duties and responsibilities include :

  • Achieving individual annual production and growth goals for loan, deposits and fees to ensure the bank meets its overall financial targets and conforms to credit terms.
  • Initiating and developing new business through outside business development activities. Ensuring ongoing contact with new clients to enhance client's experience with First Interstate Bank.
  • Developing a comprehensive understanding of the client's needs based on the review and analysis of personal bank business financial data gathered through relationship reviews and personal meetings. Using internal customer sourcing software to generate leads, track activities and make referrals to requisite business partners and bankers.
  • Actively participating in community organizations to source business development opportunities and demonstrating First Interstate Bank's commitment to the communities we serve.
  • Building client and prospect referral pipeline via identification and development of internal and external center of influence.
  • Developing and maintaining an in-depth knowledge of products and services as well as knowledge of competitors and competitive products. Proactively promoting bank products and services and keeping clients informed of all the financial solutions First Interstate Bank has to meet their needs.
  • Assembling cross-functional team to respond to customer requests when not able to address requests personally. Knowing when and how to bring in teams of experts, as well as identify cross-sell opportunities.
  • Analyzing credit to determine the ability of clients to qualify for borrowing requirements. Assuming ultimate accountability for all portfolio activities / issues ensuring sound asset quality, including underwriting, structuring and portfolio management activities; assuring accurate risk assessment of assigned portfolio.
  • Maintaining follow up on existing loans to ensure compliance with internal procedures and other required terms.
  • Researching and studying industrial, commercial, economic and financial situations relating to existing and new business.
  • Maintaining compliance with all bank regulations for assigned job function and applying to designated job responsibilities, which includes keeping up to date on regulation changes and following all Bank policies and procedures, compliance regulations, and completing all required annual training.
  • Actively engaging, demonstrating and fostering the First Interstate Bank Mission, Vision and Values by executing the Service Commitments.
  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Knowledge, skills and abilities include :

  • Exhibits advanced credit analysis and commercial underwriting skills, including accounting, financial statement and cash flow analysis.
  • Knowledge of commercial lending policies, procedures, practices and documentation.
  • Knowledge of the bank's risk-rating system, credit products and underwriting policies; working knowledge structuring credit products for small and medium size business in diverse industries.
  • Proficient written and verbal communication and presentation skills.
  • Ability to work effectively with individuals and groups across the company to manage customer relationships.
  • Computer skills essential, including Word and Excel and Outlook. Experience with PowerPoint beneficial.
  • Requires initiative and solid judgement.
  • Ability to prioritize work and remain adaptable under pressure.
  • Ability to read, analyze, and interpret common financial reports, and legal documents. Ability to respond to common inquiries of complaints of customers, regulatory agencies, or members of the business community.
  • Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
  • Education and / or experience :

  • Bachelor's Degree in Business, Finance or equivalent required.
  • 4-6 years in commercial lending or commercial credit underwriting; or the equivalent combination of education and experience required.
  • Physical demands and working environment :

  • Dexterity of hands / fingers to operate computer keyboard and mouse - Frequently.
  • Sitting - Frequently.
  • Standing - Occasionally.
  • Noise Level - Moderate.
  • Typical Work hours - M-F (8-5).
  • Regular and Predictable Attendance - Required.
  • Travel - 40%.
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    Commercial Relationship Manager • Burlington, IA, US

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