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Bank President
Career Insights for Business Banker
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Scorecard
Based on Minnesota data
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What they do
A Business Banker is responsible for new business development and customer retention at a bank. Analyzes a client's financial condition and recommends financial solutions. Deals only with companies and not with individuals.
$99,902 / year median in Minnesota
-7% projected decline
Job Description
Who are we?
Frandsen Bank & Trust is a growing, financially strong, family-owned community bank across nearly 40 communities in Minnesota, North Dakota, South Dakota, and Wisconsin. We provide full-service banking, treasury management, investment, and trust solutions. Since day one, our mission has centered on making decisions locally, empowering employees, and supporting our communities. This commitment to relationship-based service has earned us recognition as Best in Banks by our customers. Why work here?
Leadership recognizes our people are the reason we succeed. That's why developing and rewarding our employees is a longstanding part of our guiding principles, called the Frandsen Way.
The impact is clear:
Employees ranked Frandsen Bank & Trust a Top Workplace on the independent Star Tribune survey for nine consecutive years, and we currently hold the #2 spot in the large company category. Frandsen Bank & Trust is seeking a community-focused Market President to lead the Lakeville and/or Apple Valley, Minnesota market. This leader will build strong customer relationships, grow commercial and consumer banking opportunities, coach and develop local team members, and represent Frandsen Bank as a trusted financial partner in the Lakeville and/or Apple Valley south metro community.
Job Duties:
Lead the market in alignment with Frandsen Bank's vision, mission, values, and community banking philosophy.
Develop and execute a market growth plan focused on loans, deposits, treasury management, fee income, and long-term customer relationships.
Build and maintain relationships with local businesses, professionals, centers of influence, civic leaders, and community organizations throughout the market and the surrounding south metro area.
Provide leadership for commercial, consumer, deposit, savings, credit, and other banking products and services.
Coach, develop, and support direct reports and local banking team members to deliver superior service, strong performance, and collaborative business development.
Represent the bank in the community through business development activities, civic involvement, community events, and professional networking.
Monitor market performance, portfolio quality, operating results, budgets, and financial activity; anticipate issues and take appropriate action to manage risk.
Ensure banking operations are functional, compliant, customer-focused, and aligned with applicable policies, procedures, and regulatory requirements.
Partner with internal stakeholders to communicate and promote financial products, services, and solutions that meet customer needs.
Complete all new employee training courses and ongoing training as assigned.
Perform other duties as assigned.
What Success Looks Like:
Grow Frandsen Bank's presence, relationships, and reputation in the market.
Expand quality loan, deposit, treasury management, and fee-income relationships while maintaining strong credit discipline.
Develop a high-performing local banking team that delivers superior customer service and proactive advisory banking.
Strengthen community partnerships through active civic, nonprofit, chamber, and business involvement.
Operate the market with sound judgment, strong compliance, disciplined risk management, and sustainable financial results.
Experience, Skills & Education:
Experience Seven or more years of banking, commercial lending, business development, or financial services experience, including demonstrated success managing relationships and growing a market or portfolio. Education Bachelor's degree in business, finance, accounting, or a related field preferred.
Graduate banking school, leadership development program, or relevant banking certifications preferred.
Established network in the market, or a comparable community banking market preferred.
Equivalent combination of education, training, and experience may be considered. Skills Strong oral and written communication skills.
Strong interpersonal, presentation, public speaking, and community relationship-building skills.
Sound judgment, analytical thinking, and disciplined decision-making.
Proven leadership ability, including coaching, performance management, delegation, team development, and recognition of strong performers.
Ability to work under pressure, manage priorities, and meet deadlines.
Knowledge of federal and state financial and banking regulations.
Strong commercial credit judgment and ability to analyze and interpret customer financial statements.
Business development, consultative sales, and relationship management skills.
Strategic market planning and execution skills.
Efficient time management and attention to detail.
Results-oriented, self-motivated, and focused on sustainable growth.
Highly professional with strong interpersonal skills and a visible commitment to the community.