Division Manager, Commercial Banking

🕒 February 20

❄️ Minnesota – Remote

❄️ Minnesota – Remote

💵 $207.6k - $267k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

👔 Manager

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Commerce Bank

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

💰 Post-IPO Equity on 2014-06

At Commerce Bank, we know life’s best moments can come with some financial complexity. Our job is to help people and businesses navigate challenges so they can get back to focusing on what matters most. We do this by getting to know our customers and communities and accepting their goals as our own to deliver the right financial solutions and guidance. It’s what we’ve done for more than 150 years.

📋 Description

• Lead a team of Relationship Manager(s), Portfolio Manager(s), and Commercial Loan Specialist(s) • Manage a team of Relationship Managers that serves the banking needs for a particular territory and/or industry • Develop departmental goals for new incremental income in conjunction with corporate goals • Ensure that the department is adequately staffed and trained • Lead all necessary management functions including hiring, evaluations, and annual merit increase allocations • Review and analyze portfolio to manage risk and enhance profitability • Participate in community/industry functions/groups • Ensure compliance with all bank policies, procedures, regulations, and laws • Oversee department workflow and communicate decisions to team members • Manage a team of RMs with a combined portfolio of commercial relationships

🎯 Requirements

• Bachelor’s degree or equivalent combination of education and experience required • Master’s degree in Business preferred • 6+ years of commercial banking experience required • 2+ years leadership experience required • Strong knowledge of commercial products, credit policies, procedures and terminology • Goal oriented with well-developed sales skills • Strong strategic, analytical, and problem-solving skills • Strong credit analysis, persuasion, and negotiation skills • Ability to develop and coach team members with demonstrated success achieving results through collaboration and teamwork • Self-starter with strong decision-making skills • Ability to effectively communicate and interact with all levels of the company • Ability to remain adaptable and resilient • Ability to maintain a valid driver’s license • Intermediate level proficiency with Microsoft Word, Excel and Outlook

🏖️ Benefits

• employer sponsored health, dental, and vision insurance • 401(k) • life insurance • paid vacation • paid personal time • career development • education assistance • voluntary supplemental benefits