We are seeking an experienced Credit Analyst Lead to join our Credit team in St. Louis Park. Reporting to the VP of Credit Administration, this role will be primarily responsible for managing and developing a team of the Bank’s Credit Analysts. The role will also work collaboratively with department leaders to enhance the department’s credit and risk management processes within the commercial lending portfolio. In addition to managing a team, 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 Team Lead will 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 and annual reviews to team members
• Monitor quarterly risk reviews, construction draws, borrowing base accuracy, and performance covenants
• Ensure completion of ongoing department tasks and goals
• Review work product of team members for accuracy and consistency
• Monitor credit presentations to ensure compliance with loan policies and department processes
• Work with credit department managers to enhance the department’s underwriting processes
• Promote positive, professional relationships with and among the credit analyst team
• Collect, review and analyze loan requests, financial information and collateral evaluations for larger, more complex deals
• 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
• Assist lenders with closings
• Prepare spreadsheets, reports, summaries and recommendations on loan structure/pricing for lenders
• Prepare annual reviews of existing loan relationships
• Stay abreast of industry and regulatory trends / changes affecting the department
• Adhere to the bank’s policies, procedures, security requirements and government regulations
• Assist SVP of Credit Administration with loan portfolio risk management functions
• Provide recommendations for expanding loan portfolio risk management processes

QUALIFICATIONS:

• Bachelor’s degree in finance, economics, business or related field
• 4 years of commercial lending underwriting experience
  • Experience leading a team is preferred
• Superior analytical and reasoning skills
• Proficiency in Microsoft Word, Excel, PowerPoint and Outlook
• Excellent written, verbal, and interpersonal communication skills
• Excellent organizational skills
• Demonstrated leadership, team building and management skills

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?

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