Credit Analyst Lead

We are seeking an experienced and analytical Credit Analyst Lead to manage and develop a team of the bank’s Credit Analysts. Reporting to the AVP Credit Administration, this role will be responsible for the assignment and review of various underwriting requests from the Lending teams they support. In addition, the role will support the underwriting needs of Lenders by evaluating the financial condition of individuals and businesses applying for lending credit with the bank. The Credit Analyst Lead will typically work on larger and more complex transactions.

RESPONSIBILITIES:

• Manage and develop a Credit Analyst team as follows:
  • Establish individual development plans; determine individual training needs; provide ongoing one-on-one training; and conduct employee annual reviews and 5-5-5 meetings
• Assign new loans, modifications, annual reviews and other tasks to team members
• Review the work product of team members for accuracy and compliance with loan policies and department processes
• Prepare credit presentations to be used in the credit approval process including cash flow analysis, forecasting of future performance, industry trends and loan performance histories
• Collect, review and analyze loan requests, financial information and collateral evaluations for larger, more complex deals
• Prepare annual reviews of existing loan relationships
• Approve covenant testing, annual reviews and other post-approval changes as necessary
• Assist credit department managers with special projects for managing risk in the loan portfolio
• Promote positive, professional relationships with and among the Credit Analyst staff
• Stay abreast of industry trends and regulatory changes affecting the department
• Adhere to the bank’s policies, procedures, security requirements and government regulations

QUALIFICATIONS:

• Bachelor’s degree in Finance, Economics, Business or related field
• 4+ years of commercial underwriting experience
• Strong analytical and reasoning skills
• Excellent written, verbal, and interpersonal communication skills
• Strong organizational skills
• Proficiency in Microsoft Word, Excel, PowerPoint and Outlook

ABOUT BRIDGEWATER BANK:

Picture yourself at one of the Twin Cities’ best places to work, surrounded by people who challenge you, support you, and inspire you to be your best. Welcome to Bridgewater Bank.

We’re on a mission to be the finest entrepreneurial bank in the Twin Cities. Like true entrepreneurs, we run fast and lean. We are in constant evolution and the runway for personal and professional growth is long. People are our strength, and that’s why we’ve created and sustained an award-winning culture that promotes growth and celebrates the big and little wins along the way.

At the end of the day, we believe competitive salaries, top-tier benefits, a hybrid work model, and transparency into the business is a given. Working together toward something meaningful with people you enjoy, is just a bonus! Will you join us?

COMPENSATION & BENEFITS:

The typical annual base pay range for this role is between $90,000 - $94,500. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

Bridgewater Bank provides a broad offering of competitive benefits including (but not limited to):

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Parental leave
• 401(k) with employer match
• Paid vacation & paid holidays

PLEASE NOTE:

The above is intended to describe the general content of and requirements for this position. It is not to be construed as an exhaustive list of duties, responsibilities, or requirements. It is Bridgewater Bank’s policy to promote equal employment opportunities. All personnel decisions, including, but not limited to, recruiting, hiring, training, promotion, compensation, benefits and termination, are made without regard to race, creed, color, religion, national origin, sex, age, marital status, sexual orientation, gender identity, citizenship status, veteran status, disability or any other characteristic protected by applicable federal, state or local law.

STATUS: Exempt

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.