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Market President II

2 months ago

Montgomery, Alabama, United States Cadence Bank Full time
About the Role

The Market President II serves as the senior leader in the local market, reporting directly to the Divisional President. This executive position is responsible for the overall administration of the bank, with a focus on all locations within the market. The Market President II coordinates activities in accordance with policies and objectives established by the Divisional President and Cadence Bank.

Key Responsibilities
  • Plans, organizes, and controls all day-to-day activities of the market, ensuring alignment with the bank's overall strategy.
  • Assists the Divisional President in the overall administration of the bank, serving as a second-in-command in their absence.
  • Coordinates activities in accordance with Cadence's policies and procedures, ensuring compliance and efficiency.
  • Oversees operational problems, develops procedures to ensure compliance, and maintains responsibility for annual audit results.
  • Assists in developing the annual budget and maintains responsibility for attaining growth and high-quality bank loan portfolio, core deposits, and overall operational and financial goals.
  • Develops and manages an individual loan portfolio, calling on existing and potential customers to develop loan business.
  • Participates in Business Development Programs, making customer and prospect calls to grow loans and deposits and other bank services.
  • Administers and oversees Community Development activities and the bank's involvement in the market.
  • Assists staff in achieving loan and deposit growth goals.
  • Monitors existing loans and deposit portfolio to maintain quality and profitability, ensuring past due loans, charge-offs, and nonperforming assets and documentation exceptions are at acceptable levels.
  • Provides strong leadership by maintaining a viable organizational structure, dispensing advice, guidance, and direction, creating a positive work environment that promotes good communication, rewards high levels of staff performance, encourages employee development, and plans for management succession.
  • Keeps abreast of local, national, financial, political, and legislative events, serving on the Management Team of the Region.
Requirements
  • Excellent verbal and written communication skills.
  • Strong negotiating skills.
  • Sales and business development oriented, with a good network of business contacts.
  • Excellent analytical and critical thinking skills, with the ability to multitask under pressure.
  • College degree in business or related fields, with an MBA and banking school or commercial lending school being desirable but not essential.
  • A minimum of five (5) years of experience in a financial institution, as a commercial lender, with a minimum of five (5) years of experience in financial institution operations and management being desirable.