First Interstate Bancsystem Inc

Commercial Market President

First Interstate Bancsystem Inc$194K — $320K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Finance, Economics, or related field required.
  • 7-9 years progressive experience in commercial lending with expertise in underwriting and managing complex credit relationships.
  • Proven track record in credit, sales, and portfolio management spanning 7-9 years.
  • 4-6 years experience managing team productivity in lending and support roles.
  • Master's Degree preferred for advanced positioning and strategic impact.

Responsibilities

  • Leads and manages a team of 5+ Commercial Relationship Managers.
  • Develops strategies to grow the commercial loan, deposit, and fee income portfolio.
  • Oversees underwriting and structuring of complex credit relationships.
  • Ensures compliance with credit policies and regulatory requirements.
  • Monitors performance and proactively manages credit and operational risk.
  • Drives client acquisition through relationship-based sales strategies.
  • Participates in loan committee discussions and analyzes market trends.

Benefits

  • Medical, dental, and vision insurance.
  • Short-term and long-term disability benefits.
  • Life insurance and flexible spending accounts.
  • 401(k) retirement plan with employer contributions.
  • Paid Time Off starting at 18 days/year and up to 11 paid Federal holidays.
Full Job Description
**If you are a current FIB employee, please apply through the Career Worklet in the .

This position is located at our Seattle, WA branch.

SUMMARY
The Commercial Market President leads a team of relationship managers to drive growth, manage risk, and deliver tailored financial solutions to mid-sized and large commercial clients. This role is responsible for strategic portfolio management, client acquisition, and ensuring credit quality across complex lending relationships. The position plays a key leadership role in aligning commercial banking goals with the bank's broader business objectives.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Leads and manages a team of 5+ Commercial Relationship Managers.
  • Develops and executes strategies to grow the commercial loan, deposit, and fee income portfolio.
  • Oversees the underwriting and structuring of complex credit relationships.
  • Ensures compliance with internal credit policies and regulatory requirements.
  • Monitors portfolio performance and proactively manages credit and operational risk.
  • Drives client acquisition and retention through relationship-based sales strategies.
  • Collaborates with product partners (Treasury, Retirement, Home Loans) & other lines of business (Wealth, Community Banking) to deliver comprehensive financial solutions.
  • Participates in loan committee discussions and credit approval processes.
  • Analyzes market trends to identify new business opportunities.
  • Manages team productivity, pipeline activity, and revenue targets.
  • Supports cross-functional initiatives and enterprise-level projects.
  • Maintains strong internal controls and operational risk management practices.
  • Leads change management efforts within the commercial banking group.
  • Prepares and presents reports to senior leadership on portfolio health and team performance.
  • Fosters a culture of accountability, collaboration, and continuous improvement.
  • Monitors credit quality, ensures policy compliance, and proactively addresses deteriorating credits.
  • Acts as a senior representative in community, industry, and client-facing events.
  • Navigates evolving regulatory environments and shifting market conditions.
  • Delivers full capabilities of the bank & optimizes results through effective partnership and planning with Community Market Leader(s) and State President(s).


MANAGEMENT RESPONSIBILITIES

  • Inspires and manages a commercial team of five or more relationship managers.
  • Provides coaching, mentoring, and succession planning for relationship managers.
  • Sets performance goals and provides coaching, feedback, and development opportunities.
  • Engages as a key leader in the market including possibly being the most senior local leader.


QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

KNOWLEDGE, SKILLS AND ABILITIES

  • Deep understanding of underwriting, structuring, and approving complex commercial loans.
  • Familiarity with federal and state banking laws, including AML and credit risk regulations.
  • Proficiency in interpreting financial statements, cash flow analysis, and risk assessment.
  • Ability to drive performance and align team goals with organizational strategy.
  • Skilled in negotiating loan terms, resolving complex credit issues, and structuring deals.
  • Strong problem-solving skills and ability to make data-driven decisions.
  • Excellent verbal and written communication for internal leadership and external client engagement.
  • Familiarity with CRM systems, financial modeling tools, and Microsoft Office Suite.


EDUCATION AND/OR EXPERIENCE

  • Bachelor's Degree in Business, Finance, Economics, or related field required
  • Master's Degree in Business, Finance, Economics, or related field preferred
  • 7-9 years progressive experience in commercial lending, with demonstrated expertise in underwriting and managing complex credit relationships, including multi-million-dollar operating lines and term loans required
  • 7-9 years proven track record in credit, sales and portfolio management required
  • 4-6 years experience managing the work production of others involved in both lending and support roles required


LICENSES AND CERTIFICATIONS

  • Valid driver's license required


PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

  • Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
  • Sitting - Frequently
  • Standing - Occasionally
  • Noise Level - Moderate
  • Typical Work hours - M-F (8-5)
  • Regular and Predictable Attendance - Required
  • Travel required - as needed


COMPENSATION & BENEFITS
We offer a competitive total compensation package including base salary and benefits. The anticipated pay range for this position is $194,400 to $320,640 per year in WA and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location. Additionally, this role is eligible to receive annual discretionary cash and stock bonuses. Benefits available for this position include, but are not limited to, medical, dental, vision, short-term and long-term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), Paid Time Off (new hires accrue at .069 per hours worked which equates to approximately 18 days per year inclusive of paid sick time) and up to 11 paid Federal holidays. Please note this information is provided for those hired in Colorado and Washington only, and this role is open to candidates outside of Colorado and Washington with compensation that aligns with your location. For more information regarding our benefits, please visit



**If you are a current FIB employee, please apply through the Career Worklet in the .

About First Interstate Bancsystem Inc

First Interstate BancSystem, Inc. is a financial holding company headquartered in Billings, Montana. It operates as a holding company for First Interstate Bank, a community bank that provides a range of banking products and services to individuals, businesses, municipalities, and other entities in the United States. The bank offers personal banking services, such as checking and savings accounts, loans, mortgages, and credit cards; business banking services, including business checking and savings accounts, loans and lines of credit, merchant services, and cash management services; and wealth management services, such as investment management, trust and estate services, and retirement planning services. First Interstate BancSystem, Inc. was founded in 1971 and is headquartered in Billings, Montana.
Learn more about First Interstate Bancsystem Inc
Size
2,358 employees
Market Cap
$3.9 billion
Industry
Net Income
$161.2 million
5 Year Trend
+11.2%
NASDAQ

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