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):
- 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 EmployerThis 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.
Skills Required
- Bachelor's degree in finance, economics, business, or a related field
- At least 2 years of experience in commercial credit analysis and underwriting for SBA lending programs
- Strong knowledge of SBA lending programs and commercial loan structures
- Superior analytical and 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
What We Do
Bridgewater Bank (Nasdaq: BWB) has a great entrepreneurial story to tell. It all started with a vision in 2005. That vision was to create a full-service, entrepreneurial bank where answers came quickly, opportunities were plentiful, and the environment was positive and optimistic. It would be an unconventional bank where clients would notice a difference and people would be challenged to grow both professionally and personally. 20 years later, this vision and unconventional model has led to continuous growth and profitability. Bridgewater Bank has: become a top-performing bank nationwide, attracted investments from top institutional firms from coast to coast, become the first Minnesota bank to complete a successful IPO in over 25 years, created an award-winning culture and earned a reputation as a bank that understands clients’ unique needs. Out of the 400+ banks in Minnesota today, Bridgewater sits among the top ten by asset size. But to each of us, this is more than a high-performing bank; it’s a sense of community. We are a team of nimble banking professionals who want to redefine what it means to work in this industry. As our entrepreneurial story continues, we will never lose sight of what makes this place extraordinary – a steadfast commitment to our people. Workplace accolades: Top 150 Workplaces, 2015 – Star Tribune Top 150 Workplaces, 2016 – Star Tribune Top 150 Workplaces, 2017 – Star Tribune Top 150 Workplaces, 2018 – Star Tribune Top 150 Workplaces, 2019 – Star Tribune Top 150 Workplaces, 2020 – Star Tribune Top 175 Workplaces, 2021 – Star Tribune Top 200 Workplaces, 2022 – Star Tribune Top 200 Workplaces, 2023 – Star Tribune Top 200 Workplaces, 2024 – Star Tribune Top 200 Workplaces, 2025 – Star Tribune Best Banks to Work For, 2017 - American Banker Best Banks to Work For, 2018 - American Banker Best Banks to Work For, 2020 - American Banker Best Banks to Work For, 2022 - American Banker Best Banks to Work For, 2023 - American Banker
