Credit Analyst Lead

Bridgewater Bank•Greenwood, MN

53d•$90,000 - $94,500

About The Position

We are seeking an experienced and analytical Credit Analyst Lead to manage and develop a team of the bank's Credit Analysts. Reporting to the AVP Credit Administration, this role will be responsible for the assignment and review of various underwriting requests from the Lending teams they support. In addition, the role will support the underwriting needs of Lenders by evaluating the financial condition of individuals and businesses applying for lending credit with the bank. The Credit Analyst Lead will typically work on larger and more complex transactions. 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?

Requirements

Bachelor's degree in Finance, Economics, Business or related field
4+ years of commercial underwriting experience
Strong analytical and reasoning skills
Excellent written, verbal, and interpersonal communication skills
Strong organizational skills
Proficiency in Microsoft Word, Excel, PowerPoint and Outlook

Responsibilities

Manage and develop a Credit Analyst team as follows: Establish individual development plans; determine individual training needs; provide ongoing one-on-one training; and conduct employee annual reviews and 5-5-5 meetings
Assign new loans, modifications, annual reviews and other tasks to team members
Review the work product of team members for accuracy and compliance with loan policies and department processes
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 and collateral evaluations for larger, more complex deals
Prepare annual reviews of existing loan relationships
Approve covenant testing, annual reviews and other post-approval changes as necessary
Assist credit department managers with special projects for managing risk in the loan portfolio
Promote positive, professional relationships with and among the Credit Analyst staff
Stay abreast of industry trends and regulatory changes affecting the department
Adhere to the bank's policies, procedures, security requirements and government regulations