Loan Closing Coordination Lead

We are seeking a knowledgeable and experienced Loan Closing Coordination Lead to join our Loan Administration team in St. Louis Park. Reporting to the Director of Loan Closing Coordination, the Loan Closing Coordination Lead will supervise a team of Closing Coordination staff and provide oversight of closing coordination functions. These tasks are associated with ensuring certain functions are completed in the area loan closing file completion, processes, procedures, and exception reports for the team.

Responsibilities

• Oversee and participate in the functions of the closing coordination area including contributing to closing workload.
• Participate in the formulation of processes and procedures ensuring that the staff is following them.
• Manages projects that impact Closing Coordination area and is responsible for effectively communicating changes within these areas with other areas within department.
• Maintains current knowledge of banking and lending rules and regulations and assures compliance with all bank policies and procedures, as well as applicable state and federal regulations.
• Responsible for management and development of Closing Coordinators by conducting annual performance reviews and quarterly 5-5-5’s to identify training needs and assist with career development.
• Maintains and monitors procedures and process within the area to maintain consistency.
• Mentor and train new additions of staff members. Review of closings for new team members. Including, ongoing training of existing staff.
• Monitoring workload of Coordinators and assist with overflow of work.
• Actively participate with other Department Team Leads to make processes within areas to function more efficiently.
  
  
  

Qualifications

• 7-10 years of Commercial and Consumer loan processing and/or documentation experience
• Demonstrated leadership, team building, and management skills
• Strong oral and written communication skills
• High attention to detail and knowledge of rules, regulations and policies relating to loan documentation and servicing
• Knowledge of Fiserv and Premier platform preferred.
• Bachelor’s degree preferred
  
  
  

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 are 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!

Compensation & Benefits

The typical annual/hourly base pay range for this role is between $72,700 - $85,980. 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