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Commercial Banking Jobs in Rochester, MN (NOW HIRING)

MBT Bank

Commercial Loan Officer

Rochester, MN

$100K - $140K/yr

Description MBT Bank is hiring an experienced and results-driven Commercial Loan Officer to join our Rochester team. This role is responsible for the development, management, and retention of a high ...

MBT Bank

Commercial Loan Officer

Rochester, MN · On-site

$100K - $140K/yr

Job Type Full-time Description MBT Bank is hiring an experienced and results-driven Commercial Loan Officer to join our Rochester team. This role is responsible for the development, management, and ...

Old National Bank

Private Banker II

Rochester, MN · On-site

$62K - $153K/yr

Actively identify and connect business opportunities to internal business units where appropriate including Wealth, Community, Mortgage, Treasury Management and Commercial Banking. Strong working ...

Old National Bank

Private Banker II

Rochester, MN · On-site

$62K - $153K/yr

Actively identify and connect business opportunities to internal business units where appropriate including Wealth, Community, Mortgage, Treasury Management and Commercial Banking. Strong working ...

Old National Bank

Relationship Banker

Saint Charles, MN · On-site

$17 - $29.75/hr

... Banking, Wealth Management, Commercial), educating clients on digital solutions, providing account servicing and maintenance, effectively resolving client servicing issues, and processing.

Melton Truck Lines

CDL-A Flatbed Driver

Rochester, MN · On-site

Bank unlimited days and enjoy flexible home time. * Around the Clock Support: 24/7 driver help desk to assist you anytime, anywhere. * Excellent Benefits: Enjoy medical, dental, 401k, telemedicine ...

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All JobsCommercial Banking JobsCommercial Banking Jobs in Rochester, MN

Commercial Banking information

See Rochester, MN salary details

$63.5K

$151.9K

$219.6K

How much do commercial banking jobs pay per year?

As of Aug 22, 2026, the average yearly pay for commercial banking in Rochester, MN is $151,893.00, according to ZipRecruiter salary data. Most workers in this role earn between $111,800.00 and $182,000.00 per year, depending on experience, location, and employer.

What is commercial banking?

Commercial banking refers to the services provided by banks to businesses, corporations, and government entities. These banks offer a wide range of financial products, such as business loans, credit lines, treasury and cash management, merchant services, and deposit accounts. The primary goal of commercial banks is to help organizations manage their finances, facilitate growth, and support daily operations. Unlike retail banking, which serves individual consumers, commercial banking focuses on the unique needs of business clients. Commercial bankers often work closely with clients to understand their financial goals and provide tailored solutions.

What are the key skills and qualifications needed to thrive as a commercial banker, and why are they important?

To thrive as a Commercial Banker, you need strong analytical skills, financial acumen, and a degree in finance, accounting, or a related field. Familiarity with financial modeling software, CRM systems, and regulatory compliance tools is typically required, and certifications like CFA or CPA can be advantageous. Excellent relationship-building, negotiation, and communication skills help distinguish top performers. These skills are vital for assessing risk, managing client portfolios, and fostering long-term business growth in a competitive financial environment.

What are common challenges faced by professionals in commercial banking, and how can they be addressed?

Professionals in Commercial Banking often encounter challenges such as managing complex client portfolios, navigating regulatory requirements, and meeting aggressive sales and lending targets. Balancing client relationship management with risk assessment can be demanding, requiring strong communication and analytical skills. Staying current with industry regulations and leveraging digital banking tools can help streamline processes and improve client service. Collaborating closely with credit analysts, risk managers, and relationship managers is essential for success in this dynamic environment.

What is the difference between Commercial Banking vs Retail Banking?

AspectCommercial BankingRetail Banking
Primary FocusServing businesses, corporations, and large clientsServing individual consumers and small households
Services OfferedBusiness loans, treasury services, commercial mortgagesPersonal loans, savings accounts, checking accounts, credit cards
Work EnvironmentBank branches, corporate offices, client meetingsBank branches, online banking, ATMs
Credentials NeededTypically requires finance, business, or related degrees; certifications varyHigh school diploma or equivalent; some roles may require finance or banking knowledge

Commercial Banking focuses on providing financial services to businesses and large clients, while Retail Banking primarily serves individual consumers. Both roles involve banking operations but differ significantly in target clients, services, and work environment.

Is commercial banking a good career path?

Commercial banking is a stable career option that involves providing financial services to businesses and individuals, often requiring strong analytical and customer service skills. It offers opportunities for advancement, professional development, and typically involves a structured work environment with regular hours. Success in this field often depends on industry knowledge, certifications like the CFA or CPA, and relationship management abilities.

Is commercial banking high paying?

Commercial banking professionals, such as relationship managers and credit analysts, often earn competitive salaries that can increase with experience, certifications, and performance. Entry-level roles may have moderate pay, but senior positions and specialized roles tend to be higher paying within the banking industry.

What degree do you need to be a commercial banker?

A commercial banker typically needs at least a bachelor's degree in finance, accounting, economics, or a related field. Some positions may prefer or require a master's degree or professional certifications such as the Certified Commercial Investment Member (CCIM) or Chartered Financial Analyst (CFA). Strong analytical skills and knowledge of banking software are also important for the role.

What job categories do people searching Commercial Banking jobs in Rochester, MN look for?

The top searched job categories for Commercial Banking jobs in Rochester, MN are:

What cities near Rochester, MN are hiring for Commercial Banking jobs?

Cities near Rochester, MN with the most Commercial Banking job openings:

Commercial Banking jobs near you
Infographic showing various Commercial Banking job openings in Rochester, MN as of August 2026, with employment types broken down into 67% Full Time, and 33% Contract. Highlights an 67% In-person, and 33% Remote job distribution, with an average salary of $151,893 per year, or $73 per hour.

Commercial Loan Officer

MBT Bank

Rochester, MN

$100K - $140K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 10 days ago

Job description

Description

MBT Bank is hiring an experienced and results-driven Commercial Loan Officer to join our Rochester team. This role is responsible for the development, management, and retention of a high-quality commercial loan portfolio while building strong, full-service banking relationships with our customers.


The ideal candidate will bring a strong credit analysis background, business development skills, possess leadership qualities, and a passion for community banking.  This position also offers potential for future advancement into a leadership role for candidates who demonstrate positive performance, initiative, and alignment with our bank's values.


MBT Bank is a family-owned community bank proudly serving customers across North Iowa and Southern Minnesota. Our organization is rooted in strong local relationships, personalized service, and a deep commitment to the communities we serve. 


Key Responsibilities

  • Build, manage, and grow      a portfolio of commercial banking relationships through business      development and customer retention 
  • Analyze financial      information and structure lending solutions that meet customer needs and      bank guidelines 
  • Monitor portfolio      performance and manage risk while ensuring compliance with policies and      regulations 
  • Partner with internal      teams and represent the bank in the community to deliver comprehensive      financial solutions

Requirements

Benefits:

  • 401k Match and Profit Sharing
  • Health, Dental, & Vision Insurance
  • Paid Time Off
  • Life Insurance
  • Disability Insurance
  • Wellness Reimbursement
  • Tuition & Training Reimbursement

Education:

Bachelor's degree with an emphasis in business, finance, or accounting


Experience

  • Bachelor's degree in      business, finance, accounting, or related field
  • 10+ years of experience      in commercial lending, credit analysis, or banking

Computer Skills:

  • Proficiency in the use of basic office equipment, keyboarding, Microsoft O365, web-based software, banking software, and overall computer navigation. 

SUPERVISORY RESPONSIBILITIES

None 

WORK ENVIRONMENT

The work environment characteristics described here are representative of those that are generally found in a bank office environment. 

  • Work is generally sedentary in nature. 
  • The working environment is generally favorable but may have fluctuations in office temperatures. 
  • Work is generally performed within an office environment with standard office equipment available. 
  • May have distractions from other people's conversations, coin machines, and drive-up loudspeakers. 


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