Portfolio Manager
About The Position
Mercantile Bank was built by Commercial Bankers to support strong, sustainable Commercial Lending. We are seeking a full-time Portfolio Manager to join our Commercial Credit team at our corporate office in Grand Rapids, MI. This role offers the opportunity to apply commercial credit expertise while partnering closely with Commercial Bankers to support local businesses and drive responsible growth. In this position, you will play a critical role in underwriting, monitoring, and managing a commercial loan portfolio while helping maintain a strong credit culture. You will work in a collaborative, high-performance environment where sound judgment, customer focus, and leadership are essential. Your work will directly support entrepreneurs and business owners in Southeast Michigan while contributing to the strength of the communities we serve.
Requirements
- Four to seven years of commercial banking experience with formal credit training
- Demonstrated underwriting expertise including complex commercial and industrial (C&I) credits
- Experience monitoring $100MM+ commercial loan portfolios and managing credit risk
- Bachelor's degree in finance, accounting, or a related field
- Attention to detail
- Strong written and verbal communication skills
- A commitment to compliance and customer service
- Comfort working independently
- Presenting to credit committees
- Managing others
Nice To Haves
- Prior experience directly managing Credit Analysts or similar roles
Responsibilities
- Partner with Commercial Bankers to underwrite, structure, and monitor commercial credit relationships in alignment with Bank risk appetite
- Manage and monitor the ongoing credit quality of an assigned portfolio through review of financial performance, covenant compliance, loan maturities, etc.
- Supervise and coach Credit Analysts, including workload management, performance reviews, and professional development
- Analyzing new credit opportunities
- Preparing approval requests
- Monitoring existing relationships to proactively identify risk and solutions
- Collaborate with Bankers on structuring transactions that meet customer needs while protecting the Bank
- Lead a team of Credit Analysts by assigning work, reviewing analysis, providing feedback, and supporting ongoing development and performance expectations
Benefits
- Competitive compensation
- Bonus opportunities
- Best-in-class benefit options
- A minimum of 3 weeks' vacation
- Sick time
- 11 paid holidays
- Generous 401k match of 5%
- Company paid life insurance
- Tuition reimbursement
- IVF and adoption assistance
- Zero-interest loans for fitness equipment and business attire
- Discounted bank services
- Employee stock purchase plan
- 529 savings plans
- Health savings accounts
- Flexible spending accounts
- Legal protection
- Exceptional training and development opportunities
- Encouragement to connect with community through volunteer opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
