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Loan Documentation Specialist II

Job in Bloomington, Hennepin County, Minnesota, USA
Listing for: Member FDIC
Full Time position
Listed on 2026-06-07
Job specializations:
  • Finance & Banking
    Loan Servicing, Banking & Finance
Salary/Wage Range or Industry Benchmark: 30.9 - 34.62 USD Hourly USD 30.90 34.62 HOUR
Job Description & How to Apply Below

We are seeking a detail-oriented Loan Documentation Specialist II to join our Loan Administration team. Reporting to the Loan Documentation Lead, the Loan Documentation Specialist II performs a variety of functions associated with the origination of new loans and renewals/modifications of existing loans. This position requires responsiveness to our borrowers and lending staff to ensure the timeliness of loan closings. Accuracy is required to reduce risk to the bank and remain in compliance with laws and regulations.

RESPONSIBILITIES
  • Prepare, review and process documentation for all commercial and consumer loans to ensure terms of documents are in accordance with committee approved request and following bank policy, lending practices and regulatory statutes. May include communication with outside counsel related to document preparation and other due diligence.
  • Preparation of Participation Agreement and Letter of credit documentation, renewals, and modifications.
  • Complete CRA and HMDA requirements for documentation and compliance reporting.
  • Communicate effectively and collaboratively with internal partners to ensure tasks are completed accurately and timely.
QUALIFICATIONS
  • 4-6 years of Commercial and Consumer loan processing and/or documentation experience
  • Experience working with Microsoft 365 environment
  • Strong oral and written communication skills
  • High attention to detail and knowledge of rules, regulations and policies relating to loan documentation
COMPENSATION & BENEFITS

The typical hourly pay range for this role is between $30.90/hr.

- $34.62/hr 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

Non-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.

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