Consumer Personal Banker role at Magnifi Financial, a large member-focused credit union, focused on developing, growing, and servicing commercial business relationships across loans and deposit accounts. You'll handle underwriting within authority, credit analysis, cross-selling, and ongoing portfolio management while partnering with commercial banking colleagues. Standout perks include training/development support, tuition reimbursement, and a retirement plan with employer match and profit sharing.
- Training and development opportunities
- Tuition reimbursement
- 401(k) match up to 4%
• Recommends, educates, and sells Magnifi Financial products and services to Makes credit decisions within lending authority and provides Reviews financial information with member (concerns, strengths, weaknesses).
• Works with the credit function to complete credit presentations, financial analysis, and risk ratings on existing and prospective credits.
• Develops and maintains a moderately complex commercial deposit, loan and equity and asset goals, while minimizing the risk to Magnifi Financial.
• the market to ensure sufficient new loan, deposit and service volumes are met.
• Uses the sales process to identify and recommend Magnifi Financial products and services to members based on financial need. completed and complies with legal regulations and Magnifi Financial policies.
• Performs collections/negotiations on problem member commercial loans.
• Collaborates with Commercial Banking Officer I and III positions to assist with commercial banking products and services and the possible transfer of accounts when lending account thresholds are achieved.
• Assists in training, mentoring and provides functional guidance to other Commercial Bankers and staff.
• Keeps abreast of rules, regulations and Magnifi Financial policy relating to member commercial loan and deposit accounts.
• Actively participates in community relations efforts to contribute to the mission and visibility of Magnifi Financial. members, community leaders and businesses.
Bachelor’s degree in Business, Finance or related field, or equivalent Eight years of commercial lending experience, or equivalent knowledge and Valid driver’s license and auto insurance with minimum liability limits within Magnifi Financial policy
• Salary Range: Salaries vary based on factors such as location, internal equity, Level I Commercial Banking Officer (2 years of related lending or credit Level II Commercial Banking Officer (8 years of commercial lending Total compensation package varies based on position and may include bonuses, performance-based incentives, commission, and/or discretionary bonuses.
Magnifi Financial offers benefits that help everyone achieve their full potential. Full-time employees are available to eligible part-time positions):
* Opportunities for Training and Development * * Job Level Advancement (ability to move up in your position through training Tuition Reimbursement * * prorated for PT * * Medical * Dental * Employer paid Life Insurance/AD&D * Employer paid Disability Insurance * Retirement Plan - Employer match up to 4%, eligible for annual profit sharing * * Bonus/Incentive Program * At Magnifi Financial, we offer a collaborative, friendly environment where we support our employee's growth and development, and create a positive work community through strength, service and growth. Magnifi Financial has grown to more than 85,000 members, $2.5 billion in assets, over 400 employees, and over changed is our focus on the members and communities we serve.
Magnifi is ranked in the top 20 largest commercial lending credit unions nationwide, and is the largest agriculture lending credit union in Minnesota.
Preferred SBA Lender status and a Farm Service Agency (FSA) Preferred Lender