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Market President

Employer
Merchants Bank
Location
Red Wing, Minnesota
Salary
DOE with benefits

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Job Details

 Looking for a rewarding career with competitive benefits, an emphasis on giving back to the community, and growth opportunities? Join us.

Merchants Bank established in 1875 is a growing, employee owned company, dedicated to a philosophy of community banking with total company wide assets of over $2 billion. Due to continued growth, we are searching for a  for a Market President to lead and grow our Bank in the Red Wing, Minnesota market.  

The Market President is responsible to provide leadership and direction of all Red Wing 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 (Red Wing location), 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. 

This position requires a minimum of 9 years of banking/commercial lending experience.  Agricultural lending experience is preferred.  In addition, 3-5 years of demonstrated leadership experience and/or direct supervisory responsibility is preferred.  The position requires a thorough understanding of the banking system, credit evaluation, community banking needs, financial management skills, and time in the ranks.  The position requires a current and thorough review and update of regulatory laws and changes.   

This position requires residency within the community it serves – specifically, residency within Red Wing, MN or within minimal distance outside Red Wing proper. 

Competitive salary and benefit package provided, including an ESOP.  Apply online at www.merchantsbank.com/about/careers, mail resume and cover letter to Merchants Bank, Attn: Beth Ede, CHRO, 102 East 3rd St., Winona, MN  55987, or email your resume and cover letter to baede@merchantsbank.com.

 

Employer of women, minorities, protected veterans and individuals with disabilities.

 

 

 

We are always looking for people who will thrive in a financial career and will help us carry out our mission:

To be customer-centric... growing our people, our customer base and shareholder value by being "the best"!

To Customers... To build loyal and mutually profitable customer relationships through consistently exceptional personal service.

To Employees... To create and maintain an environment that promotes and rewards contribution, accountability, initiative and teamwork.

To Our Communities... To help make each community we serve a better place in which to live and work through corporate reinvestment and the support of employee community involvement.

To Shareholders... To obtain long-term shareholder value through quality growth and financial performance in the upper third or higher of our peer group.

Merchants Bank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.

Company

A True Community Bank

We have a rich history dating back to our founding in 1875, but more importantly, we have a bright future providing banking services to help individuals and businesses thrive. As part of our community commitment, we provide monetary support and thousands of volunteer hours each year to many worthwhile organizations. We believe in local community decisions backed by the regional strength of our entire company footprint.

Local Ownership

Merchants Financial Group (MFGI) is the parent company for Merchants Bank and Merchants Bank Equipment Finance . With total assets of more than $2.1 billion, MFGI is among the largest independent financial organizations in our region. We are proud of our local ownership. Our stockholders include our employees, through our Employee Stock Ownership Program (ESOP), and roughly 760 individuals and families mostly from communities in southeastern Minnesota and west-central Wisconsin.

Local Leadership

We know the value of local decision-making. By design, our local Bank Presidents are empowered to make decisions based on local community needs and the local economy.

We also rely on local advisory boards to provide meaningful feedback and strategic direction. Our advisory boards are local leaders, representing many areas including local business, healthcare, education and agriculture industries. 

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