About this opportunity
Minnesota Bankers Association lists this Vice President - Business Banking opportunity in northern, Kentucky. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Service New and Existing Commercial Customers in Accordance and Compliance with Bank Regulation and Loan Policy
Interviews potential new clients, gathers required information to establish credit worthiness and negotiates terms, covenants and pricing within established guidelines
Approves or denies credit requests within individual lending authority or refers and presents to the loan committee
Makes regular calls on existing and potential new clients to retain or increase business relationships
Monitors loan relationships by reviewing incoming financial information and updating file comments
Responsible for growing the loan portfolio
Makes appropriate collection efforts of delinquent loans in a timely manner
Negotiates extensions and modifications of loans and arranges pay schedules
Maintains knowledge and understanding of the bank’s loan policy
Understands and maintains knowledge of bank regulation
Counsels customers, as appropriate, on business and financial matters
Make suggestions or provide customers with an appropriate mix of deposit and ancillary bank products
Ensure all required documentation is in compliance with loan policy and state and federal regulation
Vice President - Business Banking
Grand Rapids State Bank
523 NW 1st Ave, Grand Rapids, MN 55744
Job Description
Service New and Existing Commercial Customers in Accordance and Compliance with Bank Regulation and Loan Policy
Interviews potential new clients, gathers required information to establish credit worthiness and negotiates terms, covenants and pricing within established guidelines
Approves or denies credit requests within individual lending authority or refers and presents to the loan committee
Makes regular calls on existing and potential new clients to retain or increase business relationships
Monitors loan relationships by reviewing incoming financial information and updating file comments
Responsible for growing the loan portfolio
Makes appropriate collection efforts of delinquent loans in a timely manner
Negotiates extensions and modifications of loans and arranges pay schedules
Maintains knowledge and understanding of the bank’s loan policy
Understands and maintains knowledge of bank regulation
Counsels customers, as appropriate, on business and financial matters
Make suggestions or provide customers with an appropriate mix of deposit and ancillary bank products
Ensure all required documentation is in compliance with loan policy and state and federal regulation
Develop and Grow the Bank’s Book of Business by Drawing on a Network of Personal and Business Contacts, Business Experience, and Knowledge of the Bank’s Products and Services Promote business development and the banks image through community networking and actively participating in community events and activities
Participate in organizations that improve the quality of life in the communities we serve
Provide Support to Other Employees as Necessary Open and close bank as scheduled, following security guidelines and ensuring employees are prepared for customers
Perform Other Job-related Duties or Special Projects as Assigned Education & Experience
Education :
Bachelor’s degree in business, finance, or accounting preferred
Minimum two years post-high school degree or equivalent certification
Minimum Experience A minimum of five years of commercial lending experience is required with ten or more years of commercial lending experience preferred
Salary Range : $80,000 to $100,000 annually, depending upon experience
Benefits Available:
Health, dental, vision & life insurance, long & short-term disability, 401(k) with match, paid holidays and paid time off
About Us
At Grand Rapids State Bank, we pride ourselves on unparalleled service. Founded on four generations, we are a family-owned bank that has proudly served the Grand Rapids area for more than 110 years. The experience, the expertise and the work ethic of the Grand Rapids State Bank staff are unrivaled in our area.
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Who can apply
Review the original listing for work authorization, qualifications and employer requirements.