Careers

Position: SVP/Sr. Credit Officer

Location: St. Louis Park

People make the difference at Citizens Independent Bank! The reason? Our employees embrace the core values of the bank: Honesty & Integrity • Community Social Responsibility • Exceptional Customer Service • Teamwork & Collaboration. We’re seeking a SVP/Senior Credit Officer responsible for developing credit guidelines and policies, credit underwriting, credit approval and collection processes, credit monitoring practices, and providing direction to the credit team to ensure overall quality of the Bank’s loan portfolio. As a member of the executive team, the Senior Credit Officer assists in achieving long term profitability, growth and strategic objectives of the Bank.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

• Identifies and develops long term strategies to manage credit risk which includes portfolio mix, growth strategies and market penetration objectives
• Advises management on the appropriate credit risk appetite based on current market data analytics including general macro-economic outlook and sector specific risks and opportunities
• Develops credit policies and procedures to comply with regulatory requirements and consistent with the Bank’s risk appetite and strategic goals
• Acts as a member of various Bank committees including Officers Loan Committee and Asset Liability Committee
• Ensures that loan documentation, systems and procedures are consistent with the Bank’s standards and are appropriate for all regulatory requirements
• Prepares, reviews, and modifies when necessary lending policies and procedures which enable the Bank to perform in a business-like manner, but not expose it to undue risk
• Measures and manages the aggregate risk in the Bank’s loan portfolio
• Ensures that the loan portfolio is appropriately risk rated, maintains monthly ACL and makes recommendations to executive management and the Board of Directors for the amount to be added/deducted to/from the loan reserve; reserve maintenance includes analyzing local, regional, and national economic conditions; loan losses and trends; and loan product concentrations
• Provides guidance to credit team on matters including credit analysis, due diligence of potential loans, evaluation of financial statements and credit information, and collection of overdue loans
• Governs and enforces underwriting standards
• Reviews lending results to ensure that credit policies and practices are followed
• Manages, monitors, and reports on asset quality metrics, loan concentrations and loan policy exceptions
• Prepares and discusses loan information submitted to the Board of Directors for approval; loan information is defined as the maintenance of the ACL, graded loan reports, and other loan quality information and trends.
• Manages credit underwriting pipeline
• Presents credit recommendation for approving bodies
• Processes, solves and answers complex customer transactions, problems or inquiries related to the lending function
• Manages work-out of problem credits, recommending appropriate strategies to management and the Board
• Ensures that loan documentation, systems and procedures are consistent with the Bank’s standards and are appropriate for all regulatory requirements
• Utilizes the latest bank tools and technology to drive efficiency and productivity
• Promotes collaboration by credit team on technology enhancements and process improvements
• Represents the Bank on asset quality exams and internal and external audits
• Represents the Bank in various community, civic and community reinvestment functions to further enhance the Bank's image and develop additional business; assists the Bank in establishing and maintaining market position in the financing arena
• Maintains a current knowledge of all laws and regulatory requirements affective the lending process
• Manages loan administration staff
• Monitors staff in daily tasks, operations and quality control; ensures the organization of assigned areas of the department, coordinating available resources (e.g., staff, materials, etc.) for maximum results
• Plays a positive role in the development and growth of assigned department staff through excellent communication skills, both verbal and written, along with strong delegation skills assuring a highly cross-trained staff
• Performs personnel actions including performance appraisals, disciplinary actions, and interviewing candidates for employment; supervises the daily activities of the department including, but not limited to, effective delegation of assignments, developing work schedules and providing necessary training

EDUCATION, EXPERIENCE AND SKILL REQUIREMENTS:

• Bachelor’s degree, advanced degree a plus
• 10 + years of commercial and consumer banking experience in credit administration, analysis, and risk mitigation with direct credit approval and supervisory experience in commercial real-estate, construction, and commercial and industrial lending.
• Possess a high level of expertise in loan underwriting and portfolio management
• Requires a demonstrated ability to underwrite complex commercial loans and make sound loan approval decisions of up to $1,500,000
• 10+ years of progressive leadership experience
• Must be able to work well in a teamwork environment
• Leadership experience, with the ability to manage and develop staff
• Strong business writing, communication, and presentation skills
• Must have excellent computer skills including experience with spreadsheet analysis and Microsoft Office

BENEFITS:

• People come first - our clients, our employees, our families, our communities
• Rewarding and challenging work
• Work-life balance is important
• We strive to promote from within
• Employee education and training is vital
• Full benefits including medical, dental, vision, 401k with match, LTD and STD, employer paid life insurance, paid holidays and half-day off for birthday, generous PTO
• Conveniently located in St. Louis Park, Robbinsdale, Hopkins, and Plymouth
• Over 70 years of local banking history
• Chosen by readers of local publications in St. Louis Park, Robbinsdale, Hopkins and Crystal as Best Bank!
• Opportunity to participate in fun community activities

Note: Job descriptions are not exhaustive lists of all skills, responsibilities or efforts associated with a job. They reflect principal elements essential for performing the job and evaluating performance. The employee will be required to perform other job-related job duties not listed in this position description. All requirements are subject to change and to possible modification to reasonably accommodate individuals with disabilities to perform the essential functions of the position.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

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Position: SBA Lender

Location: St. Louis Park

We're growing our Business Banking team!

BASIC FUNCTION

This position is responsible for establishing new banking relationships with corporations, partnerships, individuals doing business, not-for-profit organizations, and associations. The SBA Lender will focus on the various programs sponsored by the SBA and have a basic understanding of SBA programs and products. Additionally, the SBA Lender will coach other commercial lenders at CIB on the various SBA programs and guidelines. The SBA Lender will discuss opportunities for SBA program eligibility with other Lenders in the Bank and work closely with CIB Lenders to ensure SBA eligibility is maintained. Additionally, the SBA Lender must have complete knowledge of all commercial products and services including credit products, deposit/investment products, cash management, other commercial services, and the bank fee schedule. The incumbent is responsible for assigned floor duty to service walk-in customers, but also spends a significant amount of time out of the bank in the offices of existing clients, servicing existing business, developing new business, calling on prospective clients, and networking in various ways in the community. The incumbent should also be involved with a community organization that meets our CRA requirements.

NATURE AND SCOPE

This is a front line sales position for all commercial deposit/investment, credit, and cash management products.

Commercial business is brought into the bank through personal interaction of the Commercial Banker with the customer/prospect. The banker must match the product and service with the customer/prospect's identified needs and must carefully evaluate the amount of risk involved in entering into a relationship. The incumbent must understand the business/industry the customer is in and must gain a thorough knowledge of the customer/enterprise history and future plans. The loan administration unit has been organized to assist in the evaluation and approval process. Lending authority will be given to the incumbent based on their training and experience. Requests which exceed this limit must be approved by the Unit Manager or the Officers Loan Committee. Certain requests may require approval by the Directors Credit Committee.

The incumbent must administer all loans within legal and regulatory requirements, the bank's loan policy, procedure policy, and stipulations established by the Officers Loan Committee and Directors Credit Committee.

RELATIONSHIPS

Within Citizens Independent Bank: Must be a team player in providing floor coverage, in opening and securing the bank, and in scheduling outside calls.

Within the Community: Active in community organizations including service clubs and Chamber of Commerce in representing the bank as a good corporate citizen and to network for new business opportunities. Community involvement should meet CIB’s CRA requirements. Work closely with customers in establishing strong business relationship and cultivate customer loyalties while being constantly diligent in evaluating the risks in the relationship.

PREFERRED REQUIREMENTS

• A college degree and/or 5 to 10 years of job related experience.
• SBA Program/SBA Lending experience is preferred

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Position: Business Banker

Location: TBD

We're growing our Business Banking Team! 

BASIC FUNCTION

This position is responsible for establishing new banking relationships with corporations, partnerships, individuals doing business, not-for-profit organizations, and associations. The incumbent must have complete knowledge of all commercial products and services including credit products, deposit/investment products, cash management, other commercial services, and the bank fee schedule. The incumbent is responsible for assigned floor duty to service walk-in customers, but also spends a significant amount of time out of the bank in the offices of existing clients, servicing existing business, developing new business, calling on prospective clients, and networking in various ways in the community. The incumbent should also be involved with a community organization that meets our CRA requirements.

NATURE AND SCOPE

This is a front line sales position for all commercial deposit/investment, credit, and cash management products.

Commercial business is brought into the bank through personal interaction of the Commercial Banker with the customer/prospect. The banker must match the product and service with the customer/prospect's identified needs and must carefully evaluate the amount of risk involved in entering into a relationship. The incumbent must understand the business/industry the customer is in and must gain a thorough knowledge of the customer/enterprise history and future plans. The loan administration unit has been organized to assist in the evaluation and approval process. Lending authority will be given to the incumbent based on their training and experience. Requests which exceed this limit must be approved by the Unit Manager or the Officers Loan Committee. Certain requests may require approval by the Directors Credit Committee.

The incumbent must administer all loans within legal and regulatory requirements, the bank's loan policy, procedure policy, and stipulations established by the Officers Loan Committee and Directors Credit Committee.

RELATIONSHIPS

Within Citizens Independent Bank: Must be a team player in providing floor coverage, in opening and securing the bank, and in scheduling outside calls.

Within the Community: Active in community organizations including service clubs and Chamber of Commerce in representing the bank as a good corporate citizen and to network for new business opportunities. Community involvement should meet CIB’s CRA requirements. Work closely with customers in establishing strong business relationship and cultivate customer loyalties while being constantly diligent in evaluating the risks in the relationship.

MINIMUM REQUIREMENTS
A college degree and/or 5 to 10 years of job related experience. The ability to motivate or influence others is a material part of the job requiring a significant level of diplomacy and trust. 

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