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Entry Level Commercial Banker Jobs in Minnesota (NOW HIRING)

Entry Level Commercial Banker information

What is the difference between Entry Level Commercial Banker vs Loan Officer?

AspectEntry Level Commercial BankerLoan Officer
CredentialsTypically a bachelor's degree in finance, economics, or related fieldUsually a bachelor's degree; certifications like Mortgage Loan Originator (MLO) may be preferred
Work EnvironmentBank branches, corporate offices, client meetingsBank branches, lending offices, client consultations
Employer & Industry UsageCommercial banks, financial institutionsCommercial banks, mortgage companies, credit unions
Common Search & ComparisonYesYes

Entry Level Commercial Bankers and Loan Officers often share similar educational backgrounds and work environments within banking institutions. While both roles involve client interaction and financial services, Commercial Bankers focus on broader commercial banking services, whereas Loan Officers primarily handle loan applications and approvals. Understanding these differences helps job seekers identify the right entry point in the banking industry.

How to become an entry level commercial banker with no experience?

To become an entry-level commercial banker with no experience, focus on obtaining a relevant bachelor's degree such as finance, accounting, or business, and develop strong communication and customer service skills. Internships or entry-level positions in banking or finance can provide practical experience, and earning certifications like the FINRA Series 6 or 7 may improve job prospects. Employers often value a willingness to learn and a professional attitude alongside foundational knowledge.

Is entry level commercial banking?

Entry-level commercial banking positions are typically available for individuals starting their careers in banking and finance. These roles often require basic knowledge of financial products, strong communication skills, and may involve tasks such as customer service, loan processing, or account management. Most entry-level roles do not require extensive experience or advanced certifications but may require a relevant degree or training.

Is it hard to get a job in entry level commercial banking?

Entry level commercial banking positions typically require a bachelor's degree in finance, economics, or related fields, along with strong communication and analytical skills. Competition can vary depending on the region and economic conditions, but gaining relevant internships or certifications like the CFA can improve chances of employment.

What are popular job titles related to Entry Level Commercial Banker jobs in Minnesota?

For Entry Level Commercial Banker jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Entry Level Commercial Banker jobs in Minnesota look for?

The top searched job categories for Entry Level Commercial Banker jobs in Minnesota are:

What cities in Minnesota are hiring for Entry Level Commercial Banker jobs?

Cities in Minnesota with the most Entry Level Commercial Banker job openings:

Operations Manager - Off Cycle Reconciliations

US Bank

Saint Paul, MN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 362 frontline employees who took The Breakroom Quiz

51st of 173 rated banks


Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

We are hiring an Operations Manager that directly and through staff, manages and coordinates the operational activities for Off Cycle Reconciliations. The Operations Manager ensures quality service and effective operations support for all assigned internal and external customers. Leads high performance teams of both entry level and skilled professionals by setting goals, providing ongoing feedback, measuring progress while recognizing success and building accountability with employees. Oversees adherence to corporate policies and procedures and ensures compliance with applicable laws and regulations within area of responsibility. Participates in the review and improvement of operational systems and procedures relevant to assigned units.

What You'll Do

- Oversee a team responsible for specialized reconciliation, balancing, and exception management activities within Wealth, Corporate, Commercial and Institutional Banking Operations (WCIBO)

- Lead and develop a team of approximately 9-10 employees located across two sites.

- Support daily operations related to off-cycle reconciliation and balancing activities performed on weekly, monthly, and quarterly schedules.

- Provide coaching, guidance, and accountability to team members while fostering a collaborative and inclusive work environment.

- Conduct performance, development, and employee engagement conversations.

- Learn and understand team processes, workflows, and operational requirements to effectively support the team's success.

- Review operational processes and identify opportunities to improve efficiency, reduce risk, and enhance controls.

- Partner with stakeholders and business partners to resolve operational exceptions and support issue resolution efforts.

- Promote consistency and alignment across teams, processes, and operating practices.

- Support ongoing operational initiatives, including process improvement and automation efforts.

- Develop an understanding of bonds and money market instrument (MMI) operational activities and support the team in those functions.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically five or more years of relevant experience

Preferred Skills/Experience
- Thorough knowledge of operational functions, systems, procedures, various products and/or services supported by the assigned area(s)
- Understanding of applicable Federal and State laws and regulations
- Thorough knowledge of applicable products, programs, financial analysis and related documentation as applicable
- Good organizational, managerial and project management skills
- Well-developed customer relations skills
- Excellent interpersonal and verbal and written communication skills
- Excellent supervisory and management skills
- Ability to manage multiple tasks

Location Expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $86,360.00 - $101,600.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.


What U.S. Bank employees say

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

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