Vice President - Commercial Banking

General Definition of Position

The Vice President of Commercial Banking is an experienced commercial banker responsible for independently developing, managing, and growing a profitable portfolio of commercial relationships. This position serves as a trusted financial partner to business owners and key decision-makers by understanding their financial needs and delivering appropriate lending, deposit, treasury management, and other banking solutions.

The Vice President of Commercial Banking is expected to be a self-directed, results-oriented business developer who actively identifies and pursues new opportunities, builds strong professional networks, and expands Reliance Bank’s presence within its target markets. The position requires sound credit judgment, strong financial analysis capabilities, and the ability to independently manage complex commercial relationships from initial prospecting through underwriting, approval, closing, and ongoing relationship management.

This individual will work collaboratively with Credit Administration, Loan Operations, Treasury Management, Retail Banking, and other internal partners while maintaining primary accountability for the overall quality, profitability, and growth of the assigned portfolio.

The final officer title may range from Assistant Vice President to Senior Vice President and will be determined based on the selected candidate’s experience, qualifications, demonstrated commercial banking performance, and established market presence

Reports To: Chief Growth Officer

Essential Duties and/or Responsibilities

• Develop new commercial loan, deposit, treasury management, and fee-income relationships.
• Independently manage and grow an assigned portfolio of commercial clients.
• Build a strong pipeline through prospecting, referrals, community involvement, and centers of influence.
• Serve as a trusted financial partner by understanding each client’s business, financial condition, and long-term goals.
• Analyze financial statements, tax returns, cash flow, collateral, and other credit information.
• Structure, negotiate, and present commercial loan requests for approval.
• Approve loans within delegated authority and Bank policy.
• Monitor portfolio performance, credit quality, covenant compliance, and emerging risks.
• Complete annual reviews, renewals, and other portfolio-management requirements accurately and on time.
• Expand existing relationships through appropriate lending, deposit, treasury management, and other banking solutions.
• Participate in Credit Committee, sales meetings, and other Bank initiatives.
• Represent Reliance Bank professionally through community, civic, and business-development activities.
• Maintain compliance with Bank policies, procedures, regulatory requirements, and commercial lending standards.

Qualifications

• Minimum of 5 years of experience in an existing commercial banker, commercial lender, or comparable commercial relationship-management role.
• Demonstrated success developing new commercial business and managing an established portfolio.
• Strong knowledge of commercial credit underwriting, financial statement analysis, cash-flow analysis, collateral evaluation, and loan structuring.
• Ability to work independently, establish priorities, and take ownership of results with limited supervision.
• Self-motivated and proactive, with strong prospecting and relationship-development skills.
• Sound credit judgment and the ability to identify, communicate, and appropriately address risk.
• Strong negotiation, presentation, problem-solving, and written and verbal communication skills.
• Ability to build trusted relationships with business owners, professional advisors, community partners, and internal teams.
• Bachelor’s degree in business, finance, accounting, economics, or a related field, or an equivalent combination of education and directly relevant commercial banking experience.

Preferred Qualifications

• Experience managing both commercial and commercial real estate relationships.
• Established professional network within the Bank’s target markets.
• Formal commercial credit training.
• Experience developing commercial deposit and treasury management relationships.

Pay: $105,800.00 - $158,800.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Tuition reimbursement
• Vision insurance

Education:

• Bachelor's (Required)

Experience:

• Commercial Lending: 5 years (Required)
• Credit Underwriting: 5 years (Preferred)
• Business Development: 5 years (Preferred)
• Relationship Management: 5 years (Preferred)

Work Location: Hybrid remote in Bloomington, MN 55431

Salary : $105,800 - $158,800