Senior Credit Analyst

Bridgewater Bank; Saint Louis Park (MN); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) with employer match

Paid vacation & paid holidays

Parental leave

Job summary

Bridgewater Bank in Saint Louis Park, MN is seeking a Senior Credit Analyst to join our Credit team. You will evaluate the financial condition of individuals and businesses applying for lending credit and support lenders through thorough analysis and informed recommendations.

Responsibilities include preparing credit presentations, cash flow analysis, reviewing loan requests, assigning risk ratings, and mentoring other analysts. Strong MS Office skills and effective communication are essential.

Qualifications

• Bachelor’s degree in finance, economics, business or related field.
• 3+ years of experience with C&I and/or Commercial Real Estate.
• Superior analytical/reasoning skills.
• Proficiency in Microsoft Word, Excel, PowerPoint and Outlook.
• Excellent written, verbal, and interpersonal communication skills.

Responsibilities

• Prepare credit presentations with cash flow analysis, forecasting, industry trends and loan histories.
• Collect, review and analyze loan requests, financial information and appraisals for larger deals.
• Assign risk ratings to support loan requests.
• Prepare annual reviews of existing loan relationships.
• Mentor other Credit Analysts and assist lenders with closings.
• Develop and maintain accurate records for lending clients and accounts.
• Identify historical trends of businesses or markets and provide recommendations.
• Maintain knowledge of supporting software, compliance and procedures related to lending.

Skills

Analytical skills

Communication skills

Microsoft Office proficiency

Education

Bachelor's degree in finance, economics, business or related field

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Outlook

Job description

We are seeking an experienced Senior Credit Analyst to join our Credit team in St. Louis Park. The Senior Credit Analyst will provide support to the lenders by evaluating the financial condition of individuals and businesses applying for lending credit with the bank.

Responsibilities

• 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, appraisals, title insurance, etc. for larger, more complex deals
• Assign risk ratings to support loan requests
• Prepare annual reviews of existing loan relationships
• Assist lenders with closings
• Mentor other Credit Analysts
• Identify historical trends of businesses or markets
• Prepare spreadsheets, reports, summaries and recommendations on loan structure/pricing for lenders
• Conduct property inspections to ensure accuracy
• Develop and maintain accurate records for lending clients and accounts
• Assist loan and credit department managers with special projects for managing risks in the lending function
• Maintain knowledge of all supporting software, compliance, and procedures as they relate to the loan department
• Assist lenders in maintaining positive relationships with new and existing clients by providing timely feedback to client requests and questions
• Adhere to the bank’s policies, procedures, security requirements and government regulations including (but not limited to) BSA.

Qualifications

• Bachelor’s degree in finance, economics, business or related field
• 3+ years of experience with C&I and/or Commercial Real Estate
• Superior analytical/reasoning skills
• Proficiency in Microsoft Word, Excel, PowerPoint and Outlook
• Excellent written, verbal, and interpersonal communication 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, 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/hourly base pay range for this role is between $85,000 - $110,000. 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