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Commercial Banker
Apply
$81k-107k (estimate)
Full Time 2 Months Ago
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Mercantile Bank is Hiring a Commercial Banker Near Troy, MI

COMMERCIAL BANKER
Vice President
We have been fortunate that through word of mouth we have been able to attract and retain top talent and grow our team organically throughout the State of Michigan.
Despite the success we've experienced, we're newer to the Metro Detroit market and hope by posting for this position we'll find a talented Commercial Banker to join our growing team of commercial bankers, credit analysts, treasury management, and governmental bankers in Troy, MI.
We know we have some steep competition and we're not a household name yet, but we're excited to introduce you and communities across Metro Detroit to Mercantile Bank!
WHO WE ARE:
Over the years, Mercantile Bank has grown to over 40 locations, $5.25 billion in total assets, and nearly 700 employees. We're proud to say that we're now the largest bank headquartered in Michigan! Through our growth, we've remained committed to our vision to be the financial and career partner of choice, bettering the lives of our customers and enriching the communities we serve.
We focus on building partnerships, ensuring we don't lose our community banking edge that makes us flexible, quick, and able to invest back into the community through our strong local ties. Our focus on technology and innovation allows us to compete with national and regional banks.
We believe in hiring the right people and getting out of their way! By allowing people to operate with integrity and put their intellect to use, we've built a team of tenured, engaged employees who elevate themselves and their customers. We're open to new ideas, developing our people, and promoting from within whenever possible.
Our reputation as a great place to work has been consistently recognized. Our intentional efforts and investment in providing benefits, compensation, and a culture of continuous learning is how we've managed to attract and retain incredible people from inside and outside the corporate banking industry. We are proud to be one of West Michigan's Best and Brightest Companies to Work for, 16 years and counting.
We hope you'll consider joining our team!
WHO WE'RE LOOKING FOR:
This is a perfect opportunity for someone who has a strong background in relationship banking and a deep understanding of credit. We have a peer driven model, where our lenders are trusted to identify and mitigate credit risk.
We anticipate our sweet spot in this market to be opportunities and credits that are in the $2MM-$20MM range, however, we're open to considering exposures outside of that.
We are looking for someone who is plugged in with the community in the Metro Detroit area and can not only bring in opportunities in that range but can also structure and underwrite.
We're open to candidates across the Metro Detroit area and flexible with working arrangements.
The ideal candidate has lived and worked in Metro Detroit for their entire career and is excited to bring their expertise and relationships to a new opportunity where they're set free to do their best work.
TO SUM UP:
We're looking for someone who has:
  • Formal credit training who has utilized this skill throughout their career
  • At minimum 5 years of lending experience
  • History managing a diverse C&I loan portfolio of $100MM
  • A bachelor's degree, in a business-related field preferred
  • Strong ties to the local community
  • A desire to operate as an entrepreneur and build something new
  • Ability to operate independently
  • Desire to work in an office with a high performing cross-functional team
  • Professional demeanor (attendance, appearance, interpersonal), and excellent verbal/written communication skills
WHAT WE OFFER:
We're proud to offer competitive pay, Commercial Banking incentive pay, and restricted stock.
In addition, some of the medical and wellbeing benefits we provide are:
  • Benefits start first month
  • Multiple medical, dental, and vision plans to choose from
  • Flexible Spending Account (FSA) and Dependent Care FSA
  • Paid Time Off: 5 weeks paid vacation, unlimited sick time to care for yourself and your family, and 11 paid holidays
  • Company Paid Life Insurance of 3 times your annual salary
  • Employee Assistance Program (EAP)
  • Adoption and IVF Assistance
  • Fitness Equipment Purchase Plan
  • Company paid time to volunteer with strong focus on community involvement
We also provide many opportunities to invest in your financial wellness and career development by providing:
  • 401(k) match at 100% up to the first 5% of your contribution
  • Employee Stock Purchase Plan
  • 529 College Savings Plans
  • Discounted bank services
  • Legal protection
  • Tuition Reimbursement
  • Exceptional training and development opportunities tailored to your career interests and goals
We also strongly believe that embracing human diversity makes us a better bank. We know it makes us better people.
Employees with dissimilar backgrounds, perspectives, opinions and lifestyles help us understand the motivations and desires of our many different customers. Thus, we strive to maintain a workforce that reflects the increasing diversity of the communities we serve by ensuring equal employment opportunity for all persons without discrimination on the basis of race, color, religion, sex/gender (including gender identity), national origin, age, height, weight, disability, medical condition, genetic information, sexual orientation, disabled or Vietnam era veteran, other forms of military status, marital status, or other protected characteristics.

Job Summary

JOB TYPE

Full Time

SALARY

$82k-108k (estimate)

POST DATE

04/27/2024

EXPIRATION DATE

05/10/2024

WEBSITE

bankmercantile.com

HEADQUARTERS

JACKSONVILLE, FL

SIZE

500 - 1,000

FOUNDED

1999

CEO

K TROWELL

REVENUE

<$5M

INDUSTRY

Banking

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The following is the career advancement route for Commercial Banker positions, which can be used as a reference in future career path planning. As a Commercial Banker, it can be promoted into senior positions as a Commercial Credit Analyst II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commercial Banker. You can explore the career advancement for a Commercial Banker below and select your interested title to get hiring information.