Mercantile Bankposted 4 days ago
Full-time - Mid Level
Grand Rapids, MI
501-1,000 employees
Credit Intermediation and Related Activities

About the position

Join Mercantile Bank as a Full-Time Commercial Construction Portfolio Manager in Grand Rapids, Michigan, and become a pivotal part of our dynamic team! This onsite position allows you to immerse yourself in high-stakes projects that shape our community's landscape. Collaborate with innovative minds and industry experts as you navigate complex challenges and deliver exceptional results. Experience the thrill of working in a fast-paced environment where your problem-solving skills will be honed and your customer-centric approach celebrated. At Mercantile Bank, we foster a culture of inclusivity and collaboration, ensuring that every voice is heard. Your contributions will not only drive excellence but also shape the future of our bank's construction initiatives.

Responsibilities

  • Manage a team of Commercial Construction Portfolio Assistants to ensure the monitoring, reporting, and disbursement of construction loan proceeds operates efficiently within the construction loan guidelines of Mercantile Bank.
  • Oversee a portfolio of commercial construction projects, ensuring they align with organizational goals and customer expectations.
  • Collaborate internally with Commercial Bankers, Commercial Loan Coordinators, Risk Management, and externally with borrowers, title companies, insurance companies, and third-party inspectors.
  • Maintain a comprehensive construction monitoring program.
  • Ensure adequate staffing and workload.
  • Coach and deliver performance evaluations.
  • Meet compliance and regulatory requirements.
  • Assist bank regulatory examiners with audits.
  • Provide training to internal stakeholders.
  • Communicate with borrowers.
  • Produce monthly/quarterly/annual reports.

Requirements

  • Three or more years of commercial lending and/or construction related experience.
  • Bachelor's degree or equivalent experience and/or a combination of experience and certifications related to the industry.
  • Previous experience with construction loan documentation and the disbursement process is strongly preferred.
  • Strong leadership abilities and previous management experience.
  • Excellent communication skills.
  • Keen analytical mindset.
  • Problem-solving skills.
  • Strong negotiation skills.
  • Flexibility and adaptability.

Benefits

  • Medical
  • Dental
  • Vision
  • 401(k)
  • Life Insurance
  • Health Savings Account
  • Flexible Spending Account
  • Competitive Salary
  • Paid Time Off
  • Equipment Stipend
  • Employee Discounts
  • 3 weeks' vacation
  • Sick time to care for yourself and your family
  • 11 paid holidays
  • Giving Day to do work that you are passionate about in the community
  • Employee Assistance Program (EAP)
  • Adoption and IVF Assistance
  • Fitness Equipment Purchase Plan
  • 401(k) match at 100% up to the first 5% of your contribution
  • Employee Stock Purchase Plan
  • 529 College Savings Plans
  • Discounted bank services
  • Legal protection
  • Tuition Reimbursement
  • Exceptional training and development opportunities tailored to your career interests and goals.
Hard Skills
Construction Loans
2
IT Risk Management
1
Operational Efficiency
1
Project Performance
1
Stakeholder Communications
1
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Soft Skills
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