Commercial Group Manager I

This position may be located at ourBrookings, Chamberlain, Madison, or Mitchell, SD branch.

What's Important to You

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, and why we want YOU to be a part of it.

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.

SUMMARY
The Commercial Group Manager I directs Commercial Banking activities, ensuring all proper policies and procedures are followed. This position will oversee account administration, credit extension, and business development functions of the department. This includes all aspects of commercial banking such as: lending, portfolio management, deposit gathering, cash management, and other fee producing services. The position is also responsible for a minimum of three commercial bankers with an average team portfolio of Loans Outstanding from $100 MM - $175 MM.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Manages all commercial loan department functions.

• Oversees business development activities.

• Monitors adherence to loan policy and compliance to government regulations.

• Develops budget for the department and oversees the achievement of financial objectives.

• Administers personal loan portfolio.

• Monitors loan repayment and collections.

• Chairs loan committee.

• Performs collateral inspections.

• Monitors customer financial statements and credit files for ongoing credit worthiness.

• Approves loans.

• Provides financial advice to customers.

• Ensures proper documentation of loans.

• Monitors overall loan quality.

• Coordinates and manages legal activity related to loan situations and negotiates solutions to problem loans.

• Represents the bank in community affairs.

• Cross-sells other bank products.

• Serves on various committees.

• Develops policies and procedures.

• Develops new bank products and programs.

MANAGEMENT RESPONSIBILITIES

• Supervises commercial loan staff.

• Evaluates performance of staff.

• Enhances the growth and development of department employees.

QUALIFICATIONS
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

• Experience managing the work production of others involved in both lending and support roles preferred.

• Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents.

• Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.

• Ability to write speeches and articles for publication that conform to prescribed style and format.

• Ability to effectively present information to top management, public groups, and/or boards of directors.

• Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.

• 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, Economics, or related field and

• 7-9 years of progressively responsible and broad-based commercial lending experience to include specific experience underwriting commercial relationships of both operating lines and term debt of several million dollars to single borrowers or equivalent combination of education and experience required

• Experience managing the work production of others involved in both lending and support roles preferred

LICENSES AND CERTIFICATIONS

• Compliance with the S.A.F.E. Mortgage Licensing Act of 2008 and all related regulations required

• Employment is contingent upon meeting all such requirements, including acceptable background investigation results required

PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

• 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