Senior Portfolio Mgr - Commercial (Effingham)

Position Title: Senior Portfolio Mgr - Commercial


Locations: Effingham_IL


Time Type: Full time


Req ID: JR1279-Effingham_IL


At Midland, we’re proud to be a little different. You can see it in our bright orange signs-but there’s more to it than that. With our heartfelt and personalized approach, we’re focused on meeting every customer’s needs with the brightest solutions.

For more than 140 years, we’ve learned by serving customers skillfully with dedication and follow-through, we can brighten every interaction to drive our collective success. And this goes beyond traditional banking.

We foster programs that empower our communities, continuously invest in our employees, and actively pursue brighter futures for all.

Our humble ambition keeps us growing, giving back, and looking ahead. We’re innovating and optimizing our services to ensure we stay unique - providing strength you can count on with heart you can feel.

You might say we’re unlike any other bank.

And you’d be right.


At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

Sr Portfolio Manager – Commercial

Salary Range: $63,200 - $85,400+ annually

Position Summary

The Commercial Senior Portfolio Manager role is responsible for assisting Commercial Relationship Managers and Market Presidents with their client relationships for Midland States Bank include cultivating the existing Commercial Loan Portfolio for market expansion, analyzing credits with a view to making sound credit decisions, identifying credit risks, preparing loans for presentation to the loan committee. Activities will predominantly be associated with opening and renewing commercial loans along with any necessary reporting and maintenance. This position will require advanced knowledge of commercial loan policies, procedures, documentation and processing. This position focuses on building customer relationships and expanding existing customer relationships through excellent customer service and cross selling activities. This role will also function as an advocate for the clients inside the bank. It is expected that the Commercial Portfolio Manager II role will embrace Midland States Bank’s vision and values and represent those both internally and in the community in which they serve.

Primary Accountabilities

• 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.

Position Qualifications

Education/Experience:

• 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.
• Previous experience in a credit analyst or commercial portfolio manager role would be strongly preferred.

Competencies:

• Business insight
• Cultivates innovation
• Drives results
• Makes sound decisions
• Being a brand champion
• Collaborates
• Communicates effectively
• Customer focus
• Being Authentic
• Emotional Intelligence
• Self development
• Being flexible and adaptable

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at [email protected].

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. We’re proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here.

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at [email protected].

Midland States Bank may use automated tools and artificial intelligence (“AI”) to assist with recruiting, screening, and hiring decisions. In accordance with the Illinois Human Rights Act (effective January 1, 2026), these tools are designed and monitored to be neutral and job-related, and must not be used in a way that discriminates against applicants or employees based on any protected characteristic.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

Compensation details: 63200-85400 Yearly Salary

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