Merchants bank
Are you ready to be a difference-maker? Are you a seasoned commercial banker with a passion for community banking, and a drive toward innovation and operational excellence? If so, we want you on our team at Merchants Bank! We’re seeking an experienced and dynamic
Market President
to lead and grow our well-established locations in the
Apple Valley and Rosemount, MN
markets. This position requires a minimum of 9 years of banking/commercial lending experience. In addition, it requires a minimum of 3 years of direct supervisory / leadership experience. The position requires a thorough understanding of the banking system, credit evaluation, regulatory laws and changes, financial management skills and community banking needs. This position requires residency within the community it serves – specifically, residency in or within minimal distance outside Apple Valley & Rosemount proper. Merchants Bank offers competitive wages and benefits for our full-time employees including health, dental, life, disability and vision insurance; flexible spending accounts, 401(k) and ESOP retirement plans; bonus plan; paid time off; tuition reimbursement; and a variety of voluntary supplemental insurance options. Pleaseclick on
Apply Now
or apply
in person at Merchants Bank, Apple Valley (14990 Glazier Ave) or Rosemount (15055 Chippendale Ave W). Questions can be emailed to hr@merchantsbank.com. Merchants Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities. Why Merchants Bank?
For 150 years, we’ve been providing deep community service and high-quality banking solutions. We are a forward-thinking financial institution with 22 locations in Minnesota and Wisconsin. We are committed to preserving the best of our past, and the brightest future innovation has to offer. As banking evolves, we are investing in digital transformation, AI powered operations and financial technology to provide cutting edge solutions for our customers. We\'re not just a bank; we\'re a place where you can thrive both professionally and personally. We\'re here to be a trusted financial partner for you, supporting the communities we serve not just as a bank, but a neighbor as well because mission and purpose matter. We are committed to building strong communities together and believe that when the community thrives, we do too. Community banks like Merchants serve as the backbone of our local economy. Job Summary
The Market President is responsible for the optimization of brand presence, commercial business growth and earnings performance for the designated markets. Working in collaboration with the Regional president and designated Retail Banking manager(s), the Market President is expected to provide engaged leadership and direction of all customer relationship management, commercial and cross-functional sales, and community engagement activities of the Bank in the designated market area. The President will be held accountable for management of market activities in a manner that ensures both short-term and long-term profitability of the Bank, and in alignment with the Company’s return on investment expectations to Shareholders. The Market President is expected to set a strong leadership example in creating a work environment that results in equitable treatment, a welcoming environment for all stakeholders and nurtures the growth & career development of all employees (both customer-facing and back-office support employees who may have an in-market branch designated as a primary office). Community engagement for the entire Market employee team is expected to be fostered as a result of the Market President’s example and direct personal community involvement in representing the Bank’s civic leadership obligations. The Market President will carry a portfolio of high value and potentially complicated credits. Market President will support implementation of all policies and decisions of the [assigned] Regional President, the President & CEO of Merchants Bank, the Bank’s Executive Leadership Team, and/or the Board of Directors for Merchants Bank, N.A., and Merchants Financial Group, Inc. Focused Leadership Responsibilities:
Culture: Represents Merchants Bank within the market in a manner aligned with our aspiration to be the financial institution of choice and recognized as a top business leader in the community – includes residency and high impact civic engagement in the community as well as encouraging and supporting civic engagement of employees Exemplifies exceptional customer experience standards by modeling the way in the market In collaboration with the Regional President and Retail Management, focuses on staff development, coaching and team building and serves as a mentor to inspire others and ensure strong succession plan options Contributes to expectations in areas of transparency and communication to ensure internal stakeholders on the team have a strong connection to the strategic direction of the Company Embraces and embodies the “One Merchants” culture of responsibility – setting the tone, living our core values and holding others accountable through a collaborative process of ongoing and consistent improvement efforts Directly responsible for business and earnings growth associated with all commercial banking activities (Deposits, Treasury Management, Loans, and referrals to Retail, Residential Mortgage Production & Fee Income, Wealth Management, Merchants Bank Equipment Finance, etc.) to contribute to net income goals for the Company at levels exceeding 1% ROA Responsible for maintaining and growing a Commercial Loan Portfolio while focused on interest margin and credit quality discipline Responsible for growing deposit side of the balance sheet in alignment with funding needs to support market asset growth expectations while maintaining interest margin Responsible for efficiency measures in alignment with company-wide efficiency target of 60% or better Embraces the credit culture expectations of the Company to ensure that credit quality in the market portfolio is positioned to support profitability expectations Specific Primary Duties: Provide leadership representation for the designated branches as directed by the Regional President, the President & CEO of Merchants Bank and the Board of Directors of Merchants Bank and Merchants Financial Group Coordinate efforts for financial management and internal operations through guidance and direction of the Bank’s Finance & Operations teams Responsible for annual sales and business development plans for branch teams in the designated market areas to establish, maintain and solidify customer retention and growth of business and personal banking relationships Represent the Merchants Brand by providing leadership in key community activities including business, charitable, civic and social organizations to maintain a proper, responsible citizen stature for the Bank – maintaining the highest standards of ethical behavior and personal example Collaborates with Regional President and designated Retail Banking management to direct personnel activities which affect branch employees in alignment with the defined mission, stakeholder commitments, value system and performance objectives of the Company to ensure solid team efforts toward the attainment of both Market and Company goals Advise on the planning and direction of the marketing and advertising activities necessary to support the goals and objectives of the designated markets Collaborates with Regional President and designated Retail Banking management in identifying opportunities for education or other means of professional growth and advancement for personnel at all levels to meet the future needs of the designated Markets and branch locations, and Merchants Bank as a whole Develop, model and build a sales and service culture focused on customer hopes & dreams, and at a level consistent with the exceptional aspirational standard of the Company Provide input as a member of the Regional Leadership Team to ensure effective, ongoing strategic thinking, planning and implementation of initiatives that support the Company’s goals and objectives Contributes input/feedback to the Regional President and designated Retail Banking management as necessary to evaluate performance of employees to ensure that they are complementary to the maintenance of employee morale/efficiency/development, and consistent with job grade level and salary administration disciplines defined for the Company. Develop and maintain a profitable loan portfolio with prudent risk level oversight; expected to adhere to Bank loan policy and coordinate the efforts of lending activities for the market Accept and complete special assignments as directed by the Regional President, the President & CEO of Merchants Bank and/or and the Board of Directors and other duties as assigned Engage regularly with members of the Local Advisory Board for the market to ensure a return on investment in the form of ambassadorship for the Bank, business referrals and community engagement representation Adhere to compliance with laws concerning financial institutions Complete compliance and product knowledge assignments in a timely manner Contribute to a positive working environment through words and actions and modeling the way Lead employees to acceptable performance ensuring they are complementary to the desired employee engagement, efficiency, development and organizational culture Ensure that internal and external customers receive an exceptional experience Collaborates with the Regional President and designated Retail Banking management to develop the market’s annual budget, and has leadership responsibility/accountability to ensure performance meets/exceeds budget targets on a consistent basis Oversite of location maintenance, safety, security and repair issues Regular and dependable attendance is an essential function of the job Working Conditions
Inside working environment, comfortable working environment. Outside visits may occur on occasion and many include customer locations. Low noise environment. No environmental chemical hazards in Bank. Overall, the working environment is very clean and aesthetically appealing. Physical Demands
Work will be performed sitting at a desk, very low degree of lifting; when work involves sitting most of the time, positions are defined as sedentary. Positions are sedentary if walking and standing are required only occasionally. Lifting will generally not require over 10 pounds in weight or pressure. Position will require average finger dexterity to operate normal office equipment, such as computer, calculator, etc. Requires ability to express ideas in a clear, thorough, and concise manner. Requires ability to articulate clearly. Position will require above average ability or aptitude in the areas of reasoning, intelligence, and numerical perception. Position requires individual to be action-oriented, an excellent team player, ability to manage time and work effectively, manage self-development, possess oral and written communication skills, and leadership skills. Establish and maintain strong base of trust and confidentiality among staff members, board members, and customers. Customer confidentiality and confidence are critical to success in position. Must possess strong interpersonal communication skills; ability to help people feel at ease, ability to effectively apply opening, developing, and closing sales techniques to expand customer base. This position requires the satisfactory completion of courses in banking, finance, and management, and a minimum of 9-10 years of banking/commercial lending experience. In addition, 3-5 years of demonstrated leadership experience and/or direct supervisory responsibility is preferred. The position requires a thorough understanding of the banking system, credit evaluation, community banking needs, financial management skills, and time in the ranks. The position requires a current and thorough review and update of regulatory laws and changes. This job description may be modified based on the company needs at any time, may require employee to perform functions beyond those mentioned in this job description, and reminds employee that he/she is an at-will employee.
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Market President
to lead and grow our well-established locations in the
Apple Valley and Rosemount, MN
markets. This position requires a minimum of 9 years of banking/commercial lending experience. In addition, it requires a minimum of 3 years of direct supervisory / leadership experience. The position requires a thorough understanding of the banking system, credit evaluation, regulatory laws and changes, financial management skills and community banking needs. This position requires residency within the community it serves – specifically, residency in or within minimal distance outside Apple Valley & Rosemount proper. Merchants Bank offers competitive wages and benefits for our full-time employees including health, dental, life, disability and vision insurance; flexible spending accounts, 401(k) and ESOP retirement plans; bonus plan; paid time off; tuition reimbursement; and a variety of voluntary supplemental insurance options. Pleaseclick on
Apply Now
or apply
in person at Merchants Bank, Apple Valley (14990 Glazier Ave) or Rosemount (15055 Chippendale Ave W). Questions can be emailed to hr@merchantsbank.com. Merchants Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities. Why Merchants Bank?
For 150 years, we’ve been providing deep community service and high-quality banking solutions. We are a forward-thinking financial institution with 22 locations in Minnesota and Wisconsin. We are committed to preserving the best of our past, and the brightest future innovation has to offer. As banking evolves, we are investing in digital transformation, AI powered operations and financial technology to provide cutting edge solutions for our customers. We\'re not just a bank; we\'re a place where you can thrive both professionally and personally. We\'re here to be a trusted financial partner for you, supporting the communities we serve not just as a bank, but a neighbor as well because mission and purpose matter. We are committed to building strong communities together and believe that when the community thrives, we do too. Community banks like Merchants serve as the backbone of our local economy. Job Summary
The Market President is responsible for the optimization of brand presence, commercial business growth and earnings performance for the designated markets. Working in collaboration with the Regional president and designated Retail Banking manager(s), the Market President is expected to provide engaged leadership and direction of all customer relationship management, commercial and cross-functional sales, and community engagement activities of the Bank in the designated market area. The President will be held accountable for management of market activities in a manner that ensures both short-term and long-term profitability of the Bank, and in alignment with the Company’s return on investment expectations to Shareholders. The Market President is expected to set a strong leadership example in creating a work environment that results in equitable treatment, a welcoming environment for all stakeholders and nurtures the growth & career development of all employees (both customer-facing and back-office support employees who may have an in-market branch designated as a primary office). Community engagement for the entire Market employee team is expected to be fostered as a result of the Market President’s example and direct personal community involvement in representing the Bank’s civic leadership obligations. The Market President will carry a portfolio of high value and potentially complicated credits. Market President will support implementation of all policies and decisions of the [assigned] Regional President, the President & CEO of Merchants Bank, the Bank’s Executive Leadership Team, and/or the Board of Directors for Merchants Bank, N.A., and Merchants Financial Group, Inc. Focused Leadership Responsibilities:
Culture: Represents Merchants Bank within the market in a manner aligned with our aspiration to be the financial institution of choice and recognized as a top business leader in the community – includes residency and high impact civic engagement in the community as well as encouraging and supporting civic engagement of employees Exemplifies exceptional customer experience standards by modeling the way in the market In collaboration with the Regional President and Retail Management, focuses on staff development, coaching and team building and serves as a mentor to inspire others and ensure strong succession plan options Contributes to expectations in areas of transparency and communication to ensure internal stakeholders on the team have a strong connection to the strategic direction of the Company Embraces and embodies the “One Merchants” culture of responsibility – setting the tone, living our core values and holding others accountable through a collaborative process of ongoing and consistent improvement efforts Directly responsible for business and earnings growth associated with all commercial banking activities (Deposits, Treasury Management, Loans, and referrals to Retail, Residential Mortgage Production & Fee Income, Wealth Management, Merchants Bank Equipment Finance, etc.) to contribute to net income goals for the Company at levels exceeding 1% ROA Responsible for maintaining and growing a Commercial Loan Portfolio while focused on interest margin and credit quality discipline Responsible for growing deposit side of the balance sheet in alignment with funding needs to support market asset growth expectations while maintaining interest margin Responsible for efficiency measures in alignment with company-wide efficiency target of 60% or better Embraces the credit culture expectations of the Company to ensure that credit quality in the market portfolio is positioned to support profitability expectations Specific Primary Duties: Provide leadership representation for the designated branches as directed by the Regional President, the President & CEO of Merchants Bank and the Board of Directors of Merchants Bank and Merchants Financial Group Coordinate efforts for financial management and internal operations through guidance and direction of the Bank’s Finance & Operations teams Responsible for annual sales and business development plans for branch teams in the designated market areas to establish, maintain and solidify customer retention and growth of business and personal banking relationships Represent the Merchants Brand by providing leadership in key community activities including business, charitable, civic and social organizations to maintain a proper, responsible citizen stature for the Bank – maintaining the highest standards of ethical behavior and personal example Collaborates with Regional President and designated Retail Banking management to direct personnel activities which affect branch employees in alignment with the defined mission, stakeholder commitments, value system and performance objectives of the Company to ensure solid team efforts toward the attainment of both Market and Company goals Advise on the planning and direction of the marketing and advertising activities necessary to support the goals and objectives of the designated markets Collaborates with Regional President and designated Retail Banking management in identifying opportunities for education or other means of professional growth and advancement for personnel at all levels to meet the future needs of the designated Markets and branch locations, and Merchants Bank as a whole Develop, model and build a sales and service culture focused on customer hopes & dreams, and at a level consistent with the exceptional aspirational standard of the Company Provide input as a member of the Regional Leadership Team to ensure effective, ongoing strategic thinking, planning and implementation of initiatives that support the Company’s goals and objectives Contributes input/feedback to the Regional President and designated Retail Banking management as necessary to evaluate performance of employees to ensure that they are complementary to the maintenance of employee morale/efficiency/development, and consistent with job grade level and salary administration disciplines defined for the Company. Develop and maintain a profitable loan portfolio with prudent risk level oversight; expected to adhere to Bank loan policy and coordinate the efforts of lending activities for the market Accept and complete special assignments as directed by the Regional President, the President & CEO of Merchants Bank and/or and the Board of Directors and other duties as assigned Engage regularly with members of the Local Advisory Board for the market to ensure a return on investment in the form of ambassadorship for the Bank, business referrals and community engagement representation Adhere to compliance with laws concerning financial institutions Complete compliance and product knowledge assignments in a timely manner Contribute to a positive working environment through words and actions and modeling the way Lead employees to acceptable performance ensuring they are complementary to the desired employee engagement, efficiency, development and organizational culture Ensure that internal and external customers receive an exceptional experience Collaborates with the Regional President and designated Retail Banking management to develop the market’s annual budget, and has leadership responsibility/accountability to ensure performance meets/exceeds budget targets on a consistent basis Oversite of location maintenance, safety, security and repair issues Regular and dependable attendance is an essential function of the job Working Conditions
Inside working environment, comfortable working environment. Outside visits may occur on occasion and many include customer locations. Low noise environment. No environmental chemical hazards in Bank. Overall, the working environment is very clean and aesthetically appealing. Physical Demands
Work will be performed sitting at a desk, very low degree of lifting; when work involves sitting most of the time, positions are defined as sedentary. Positions are sedentary if walking and standing are required only occasionally. Lifting will generally not require over 10 pounds in weight or pressure. Position will require average finger dexterity to operate normal office equipment, such as computer, calculator, etc. Requires ability to express ideas in a clear, thorough, and concise manner. Requires ability to articulate clearly. Position will require above average ability or aptitude in the areas of reasoning, intelligence, and numerical perception. Position requires individual to be action-oriented, an excellent team player, ability to manage time and work effectively, manage self-development, possess oral and written communication skills, and leadership skills. Establish and maintain strong base of trust and confidentiality among staff members, board members, and customers. Customer confidentiality and confidence are critical to success in position. Must possess strong interpersonal communication skills; ability to help people feel at ease, ability to effectively apply opening, developing, and closing sales techniques to expand customer base. This position requires the satisfactory completion of courses in banking, finance, and management, and a minimum of 9-10 years of banking/commercial lending experience. In addition, 3-5 years of demonstrated leadership experience and/or direct supervisory responsibility is preferred. The position requires a thorough understanding of the banking system, credit evaluation, community banking needs, financial management skills, and time in the ranks. The position requires a current and thorough review and update of regulatory laws and changes. This job description may be modified based on the company needs at any time, may require employee to perform functions beyond those mentioned in this job description, and reminds employee that he/she is an at-will employee.
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