Senior Credit Analyst - C&I

Bridgewater Bank; Saint Louis Park (MN); On-site; USD 85,000 - 125,000; Full time

Benefits offered by this job

Life insurance (basic)

Short-term/long-term disability

Parental leave

401(k) with employer match

Paid vacation & holidays

Job summary

Bridgewater Bank is seeking a Senior Credit Analyst to support its Commercial & Industrial lending team. The role involves evaluating financial conditions of borrowers, preparing credit presentations, and collaborating with bankers to structure and mitigate credit risks in complex credit relationships.

The position requires a Bachelor’s degree in finance/economics/business and 10+ years of credit underwriting or financial analysis experience, with proficiency in MS Word/Excel/PowerPoint/Outlook.

Qualifications

• Bachelor’s degree in finance, economics, business or related field.
• 10+ years of credit underwriting or financial analysis experience in complex C&I credit relationships.
• Superior analytical/reasoning skills.
• Experience with the nCino commercial banking platform is preferred, but not required.
• Proficiency in Microsoft Word, Excel, PowerPoint and Outlook.
• Excellent written, verbal, and interpersonal communication skills.

Responsibilities

• Collect, review, and analyze loan requests, financial information, third-party reports, and other due diligence for larger, complex transactions.
• Prepare credit presentations including spreading and analyzing business financial statements, industry trends, collateral and guarantor analysis.
• Collaborate with bankers to identify credit risks, mitigants, and loan structure considerations.
• Participate in the approval process by presenting loan requests to Loan Committee and Credit Risk Management Committee.
• Perform covenant testing and annual reviews for existing lending relationships and process Borrowing Base Certificates as required.
• Assist credit officers and managers with projects to monitor and improve underwriting processes.

Skills

Analytical thinking

Communication skills

Financial analysis

Education

Bachelor's degree in finance/economics/business

Tools

Microsoft Word

Excel

PowerPoint

Outlook

nCino platform

Job description

We are seeking an experienced Senior Credit Analyst to join our Commercial & Industrial (C&I) team in the Credit Department. The Senior Credit Analyst will provide support to the bankers by evaluating the financial condition of individuals and businesses applying for lending credit with the bank. This role may be based in any of the following office locations: St. Louis Park, Bloomington, Greenwood, Glen Lake, Minneapolis, St. Paul, Orono, and Lake Elmo.

RESPONSIBILITIES:

• Collect, review, and analyze loan requests, financial information, third-party reports, and other due diligence as required for larger and more complex transactions.
• Prepare credit presentations to be used in the credit approval process including but not limited to: spreading and analyzing business financial statements, industry trends, collateral (ABA) and guarantor analysis.
• Collaborate with bankers in identifying credit risks, mitigants, and loan structure considerations for such risks.
• Participate in the approval process, including collaborating with credit officers and presenting loan requests to Loan Committee and Credit Risk Management Committee.
• Perform covenant testing and annual reviews for larger, existing lending relationships, as well as process Borrowing Base Certificates as required.
• Assist credit officers and managers with projects to monitor and improve the risk management and underwriting processes of the Credit Department.

Administrative Support

• Develop and maintain accurate records for lending clients and accounts.
• Maintain knowledge of all supporting software, compliance, and procedures as they relate to the credit department.
• Adhere to the bank’s policies, procedures, security requirements and government regulations including (but not limited to) BSA.

Relationship Management

• Serve as a leader in the credit analyst group and mentor for other Credit Analysts.
• Assist bankers in maintaining positive relationships with new and existing clients by providing responsive support and simple solutions.
• Attend and be an active participant in client meetings as needed.

QUALIFICATIONS:

• Bachelor’s degree in finance, economics, business or related field.
• 10+ years of credit underwriting or financial analysis experience, including the evaluation and structuring of complex C&I credit relationships. Experience may be gained through commercial banking, private credit, asset-based lending, corporate banking, specialty finance, or other institutional lending environments.
• Superior analytical/reasoning skills.
• Experience with the nCino commercial banking platform is preferred, but not a requirement.
• 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-$125,000. 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):

• 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.