Midland States Bank · 12 hours ago
Senior Portfolio Mgr - Commercial
Effingham, Illinois
Full-time
Onsite
Mid, Senior Level
$63K/yr - $85K/yr
3+ years expMidland States Bank is a unique financial institution focused on providing personalized banking solutions. The Senior Portfolio Manager role is responsible for managing a portfolio of commercial clients, assisting in the credit process, and building customer relationships to drive business growth.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Manages a portfolio of commercial clients and loans (typically over $10mm)
Makes regular business development calls (independently or in conjunction with the Commercial Relationship Manager) to solicit new business or improve services to existing clients
Generates new business through cross-selling activities with existing commercial client base
Manages the credit process, identifies risks and mitigants on new and renewed loans
Provides customer service to existing commercial customers, including research or referrals to other Departments of the Bank where applicable and corresponding follow up
Assist their assigned RM with clients, acting as part of a RM team and as a proxy when needed. Will also be the backup with their assigned CSA
Order appraisals, environmental documentation, or other complex documents needed for closing
Ability to analyze both simple and complex credits
Attends and presents loan requests at committee meetings and reviews Credit Approval Forms prior to approval for accuracies, compliance and covenant items
Review thoroughly and understand formation documents for various entities including corporations, partnerships, limited liability companies and trusts
Oversees the routine maintenance and management of the subject portfolio, including the tickler system, financial reporting and loan reviews
If completed by the field on a certain deal, construction draws are managed by the PM
Effectively presents information and responds to questions from groups of managers, clients, and customers
Ability to negotiate with Clients on behalf of the Bank
Exercises independent judgment to plan and accomplish goals
Represents the bank in civic and related activities with business associations, customers, and regulatory agencies. Attends and participates in civic and business-related functions and otherwise promotes the bank’s image
Is aware and well versed in the Credit Policy and Procedures
Regional resource for training and support
May manage staff as needed or requested
The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed
May require work in a Midland office to ensure collaboration and support of internal and external customers
Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA)
Other duties as assigned
Qualification
Required
Bachelor's degree in Finance, Business, Accounting
3-6 years related experience
Successful completion of bank training specific to position
Proficiency in computer applications
Must have knowledge of commercial loan requirements and regulations
Must have understanding of all company loan systems for commercial lending
Strong and well developed interpersonal and communication skills
Proven success of meeting or exceeding prior year's goals for the periods preceding this position
Preferred
Previous experience in a credit analyst or commercial portfolio manager role would be strongly preferred
Benefits
Comprehensive healthcare
Well-being benefits
Paid family leave
Generous paid time off
Banking perks
Employee Stock Purchase Plan
401K plan with company match
Opportunity to participate in our Non-Qualified Deferred Compensation plan
Company
Midland States Bank
Midland States Bank is a community-based financial holding company.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$55.33M2016-05-25IPO
2015-06-04Debt Financing· $55.33M
Leadership Team
Jeffrey Ludwig
President and CEO
Eric Lemke
Chief Financial Officer
Recent News
2026-01-23
Midland States Bancorp, Inc.
2025-12-01
Midland States Bancorp, Inc.
2025-11-07
Company data provided by crunchbase