Vice President- Commercial Banking - Dubuque, United States - MidWestOne Bank

MidWestOne Bank

Verified Company

Dubuque, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Overview:

At MidWest_One, _
our people are number one in everything we do. We are a community bank with a culture based on integrity and customer care. The people on our team are the foundation of our success. If you're ready to work for an organization that values you, develops your talents and helps you grow personally and professionally, then look no further.
A Vice President, Commercial Banker is responsible for business development and portfolio management of commercial banking relationships. Coordinates business development efforts with other officers across lines of business.

Collaborates with credit and operations colleagues to underwrite, originate, service, monitor, and collect commercial purpose loans and grow depository, Treasury Management, and Wealth Management relationships.

Assumes 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 be.

Maintain regular, proactive contact with customers and prospective customers to maintain a deep understanding of their business, including current performance, outlook and goals.
Create and nurture a network of centers of influence, including accountants, attorneys, and other professionals.
Collaborate with all areas of the bank to be highly responsive to answering customer questions and resolve issues.
Conduct joint calls with other officers, including other lines of business, to retain and expand the bank's relationship.
Advocate effectively and ethically for the Bank to the client and for the client to the Bank. Communicate effectively with Borrowers and prospective Borrowers to ensure understanding of Bank's views, expectations, and requests. Communicate 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 relationships.
Grow bank's revenue in a relationshipbased approach through generation of the following

- high quality loan outstandings 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 Bank's CRM software and reporting systems.

RISK MANAGEMENT
Second only to hiring decisions, client selection is the most important choice made by a commercial bank.

Maintain deep and updated understanding of the Bank's credit policies and risk management philosophy and applicable regulations and compliance requirements.
Employ robust financial analysis to analyze loan requests and the financial condition of current and proposed lending arrangements. Partner effectively and constructively with Credit Administration in underwriting and reviewing Borrower relationships to produce a consistent, timely, and accurate understanding of risk profile.
Assist customers in understanding and meeting their obligations, including payments, financial and project reporting, covenant compliance and borrowing base monitoring, as applicable.
As needed, implement appropriate collection and risk remediation plans in concert with other Bank departments to minimize risk of loss.
The Perks_
Competitive base compensation with additional performancebased incentives (incentives vary depending on role)
Career development and continuous learning opportunities
Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more
100% vested 401(k) Retirement Plan with company match
Medical, Dental, and Vision insurance
Flex spending plan & Health savings accounts with employer contribution
Student Loan Debt Reduction Program & Tuition Assistance Plan
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
Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance
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 fouryear college or university strongly preferred. 5+ years in Commercial Banking/Lending role demonstrating robust business development and credit skills, including accounting and financial expertise.
Experience with negot