Vice President - Business Banking

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

523 NW 1st Ave, Grand Rapids, MN 55744

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

• 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

• Open and close bank as scheduled, following security guidelines and ensuring employees are prepared for customers

Education
:

• Bachelor’s degree in business, finance, or accounting preferred
• Minimum two years post-high school degree or equivalent certification

• 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

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.