Market President

Merchants Bank•Northfield, MN

About The Position

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 location in the Northfield, MN market. 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 Northfield 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. Please click on Apply Now or apply in person at Merchants Bank, Northfield (329 Division St or 1611 Honey Locust Dr). Questions can be emailed to [email protected]. 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 to provide leadership and direction of all Northfield market banking and community engagement activities. The Market 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 (Northfield locations), and in alignment with the Company’s return on investment expectations to Shareholders. The Market President will carry a portfolio of high value and potentially complicated credits. The Market President is expected to create work environment that results in equitable treatment, a welcoming environment for all stakeholders and nurtures the growth & career development of employees. Community engagement 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 is responsible for the delivery of exceptional customer experiences; embracing a commitment of “One Merchants”; and delivery of revenue and earnings optimization for long term relevance.

Requirements

Minimum of 9 years of banking/commercial lending experience.
Minimum of 3 years of direct supervisory / leadership experience.
Thorough understanding of the banking system, credit evaluation, regulatory laws and changes, financial management skills and community banking needs.
Residency within the community it serves – specifically, residency in or within minimal distance outside Northfield proper.

Responsibilities

Provide leadership and direction of all Northfield market banking and community engagement activities.
Management of market activities in a manner that ensures both short-term and long-term profitability of the Bank (Northfield locations), and in alignment with the Company’s return on investment expectations to Shareholders.
Carry a portfolio of high value and potentially complicated credits.
Create work environment that results in equitable treatment, a welcoming environment for all stakeholders and nurtures the growth & career development of employees.
Foster community engagement as a result of the Market President’s example and direct personal community involvement in representing the Bank’s civic leadership obligations.
Delivery of exceptional customer experiences; embracing a commitment of “One Merchants”; and delivery of revenue and earnings optimization for long term relevance.