VP Commercial Banking
Job Type

Deerwood Bank is looking for an experienced Commercial Lender to join its Baxter, MN branch. Our ideal candidate will be excited about business development, relationship management, active involvement in our local community, and providing trusted financial guidance to our customers.

Every day, you will work with business clients to provide solutions for their banking needs, which include loans, deposits, treasury management and referrals to our private banker. Every day, you will work alongside dedicated coworkers who love to work at Deerwood Bank because of it’s nice and simple service and products. Every day, you will work in an organization that values your unique self.

Our Commercial Lenders are responsible for: 

  1. Developing and maintaining relationships with business clients.
  2. Acting as a trusted advisor and offer guidance on financial products and services.
  3. Monitoring the performance of loan portfolio.
  4. Preparing loan proposals and presenting them to the credit committee.
  5. Developing a strong network of business resources such as accountants, attorneys, and other spheres of influence.
  6. Being actively involved in local community business organizations, including taking a leadership role within those organizations.
  7. Interviewing & responding to business client requests, gathering the necessary information to assist in the review of the proposal. 
  8. Effectively utilizing various credit enhancing entities, such as the SBA, and local economic development programs to assist clients. 
  9. Maintaining the portfolio in accordance with credit administration guidelines, to include but not limited to pass due payments, overdrafts, technical exceptions, timely risk rating of credit, problem loan balances, 
  10. Adhering to safe and sound loan documentation to ensure secured loans are properly documented with the perfection of any and all collateral pledged.
  11. Helping mentor and develop business bankers and credit analysts who have less job-related experience.

You will possess the following skills and qualities:

  1. Four-year college degree in business, finance, economics or related field.
  2. Minimum 5 years commercial lending experience.
  3. Strong business development skills.
  4. Passion for maintaining and growing customer relationships.
  5. Proven track record of growing sales portfolio in the Baxter/Brainerd market.
  6. Ability to analyze complex financial statements.
  7. Skilled at being a trusted financial partner with customers.
  8. Desire to be active in the community while being a positive advocate for Deerwood Bank.
  9. Excellent verbal and written communication skills, including ability to effectively communicate with internal and external customers.
  10. Must be able to meet deadlines, while maintaining a positive attitude and providing exemplary customer service.
  11. Ability to work independently and to carry out assignments to completion within parameters of instructions given.
  12. Proficient with Microsoft Office Suite, including Word, Excel, Outlook, and Teams.


If you're excited to join one of Minneapolis/St Paul Business Journal’s 2023 Best Places to Work, come find out what nice & simple banking is all about! Come join the talented team at Deerwood Bank.

About Deerwood

Founded in Deerwood, Minnesota in 1910, Deerwood Bank is a community bank that strives to take a complicated financial world and make it nice & simple. Nice in how we treat our staff and loyal customers. Simple in our products - no fuss here... simple and easy-to-understand products and services. With 12 locations around Minnesota, we're bringing nice & simple banking to your community!