Associate Commercial Relationship Manager

Current FIB employees: If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our Red Oak, IA 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 #Team First Interstate .

The Associate Commercial Relationship Manager serves as an entry level commercial banking position with functionality ranging from business development utilizing a small business platform to supporting senior bankers as an apprentice relative to portfolio management and experience with complex credit functions. This role drives shareholder value through a collaborative effort to generate quality earnings through interest income growth, via maintaining margin and credit quality, and non-interest income through collaboration with business partners while simultaneously understanding the importance of expense control.

This position maintains an average loan portfolio size of up to $20MM, revenues to the bank of at least $800K, and manages at least 75 bank relationships, or may provide support to a Commercial Relationship Manager II or Senior Commercial Relationship Manager with a loan portfolio exceeding $50MM.

• Achieves individual annual production and growth goals for loan, deposits, and fees to ensure the bank meets its overall financial targets and conforms to credit terms.
• Initiates and develops new business through outside business development activities either through monitored calling efforts utilizing a small business banking platform or collaboration with a Commercial Relationship Manager II or Senior Commercial Relationship Manager.
• Ensures ongoing contact with new clients to enhance client’s experience with First Interstate Bank.
• Develops a comprehensive understanding of the client’s needs based on the review and analysis of personal bank business financial data gathered through relationship reviews and personal meetings.
• Uses internal customer sourcing software to generate leads, track activities and make referrals to requisite business partners and bankers.
• Actively participates in community organizations to source business development opportunities and demonstrates First Interstate Bank’s commitment to the communities we serve.
• Builds client and prospect referral pipeline via identification and development of internal and external center of influence.
• Develops and maintains an in-depth knowledge of products and services as well as knowledge of competitors and competitive products.
• Proactively promotes bank products and services and keeps clients informed of all the financial solutions First Interstate Bank offers to meet their needs.
• Assembles cross‑functional team to respond to customer requests when not able to address requests personally.
• Works on complex problems requiring in‑depth evaluation of client information in conjunction with Commercial Relationship Manager II and Senior Commercial Relationship Manager.
• Maintains follow up on existing loans to ensure compliance with internal procedures and other required terms.
• Researches and studies industrial, commercial, economic and financial situations relevant to existing and new business.
• Actively engages, demonstrates and fosters the First Interstate Bank Mission, Vision, and Values by executing the Service Commitments.
• Maintains compliance with all bank regulations for assigned job function and applies to designated job responsibilities.
• Follows all Bank policies, procedures, and compliance regulations and completes all…