Senior Credit Analyst - SBA

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

Benefits offered by this job

Basic term and optional term life保险

Short-term and long-term disability

Parental leave

401(k) with employer match

Paid vacation & paid holidays

Job summary

Bridgewater Bank is seeking an experienced SBA Senior Credit Analyst in St. Louis Park, MN to support lending decisions, SBA compliance, and portfolio quality.

You will analyze financials, assess eligibility, and collaborate with SBA Bankers and Portfolio Managers to deliver timely responses to clients. The role requires 2+ years in SBA credit analysis, strong knowledge of SBA programs, and excellent communication skills.

Qualifications

• Bachelor’s degree in finance, economics, business or related field.
• 2+ years of experience with commercial credit analysis and underwriting for SBA lending programs.
• Strong knowledge of SBA lending programs and commercial loan structures.
• Superior analytical/reasoning skills.
• Ability to manage multiple loan requests and meet established deadlines.
• Proficiency in Microsoft Word, Excel, PowerPoint and Outlook.
• Excellent written, verbal, and interpersonal communication skills.

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.
• Verify eligibility of borrowers, loan purposes, collateral requirements, and loan program under SBA guidelines.
• Collect, review, and analyze loan requests, financial information, appraisals, title insurance, etc. for larger, more complex deals.
• Ensure credit presentation and analysis complies with current SBA SOP, program requirements, and internal credit policies.
• Assist in maintaining SBA guaranty integrity through accurate documentation and underwriting practices from initial loan approval through loan closing.
• Partner with SBA Bankers and Portfolio Managers in maintaining positive relationships with new and existing clients by providing timely feedback to client requests and questions.
• Assign risk ratings to support loan requests
• Prepare annual reviews of existing loan relationships
• Mentor other Credit Analysts
• Prepare spreadsheets, reports, summaries and recommendations on loan structure/pricing for lenders
• Conduct property inspections to ensure accuracy
• 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

Skills

Analytical thinking

SBA lending knowledge

Multitasking

Communication skills

Interpersonal skills

Education

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

Tools

Microsoft Office

Job description

We are seeking an experienced SBA Senior Credit Analyst to join our growing Credit and SBA teams in St. Louis Park. The SBA Senior Credit Analyst will provide support to the lenders by evaluating the financial condition and eligibility of businesses applying for Small Business Administration (SBA) lending credit with the bank. The SBA Senior Credit Analyst partners closely with the SBA lenders, portfolio managers, credit officers, and loan operations teams to support lending decisions, SBA compliance, and portfolio quality.

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
• Verify eligibility of borrowers, loan purposes, collateral requirements, and loan program under SBA guidelines
• Collect, review, and analyze loan requests, financial information, appraisals, title insurance, etc. for larger, more complex deals
• Ensure credit presentation and analysis complies with current SBA Standard Operating Procedures (SOP), program requirements, and internal credit policies.
• Assist in maintaining SBA guaranty integrity through accurate documentation and underwriting practices from initial loan approval through loan closing.
• Partner with SBA Bankers and Portfolio Managers in maintaining positive relationships with new and existing clients by providing timely feedback to client requests and questions
• Assign risk ratings to support loan requests
• Prepare annual reviews of existing loan relationships
• Mentor other Credit Analysts
• Prepare spreadsheets, reports, summaries and recommendations on loan structure/pricing for lenders
• Conduct property inspections to ensure accuracy
• 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
• 2+ years of experience with commercial credit analysis and underwriting for SBA lending programs
• Strong knowledge of SBA lending programs and commercial loan structures
• Superior analytical/reasoning skills
• Ability to manage multiple loan requests and meet established deadlines
• 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):

• 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.