Credit Analyst
We are seeking a detailed oriented and analytical Credit Analyst to provide support to provide support to the lenders by evaluating the financial condition of individuals and businesses applying for lending credit with the bank.
RESPONSIBILITIES:
• Collect, review and analyze loan requests, financial information, appraisals, title insurance, etc.
• 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
• Assign risk ratings to support loan requests
• Prepare annual reviews of existing loan relationships
• 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
• Develop and maintain accurate records for lending clients and accounts
• 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
• 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, 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?
COMPENSATION & BENEFITS:
The typical annual base pay range for this role is between $65,000 - $70,000. 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
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.
