Loan Documentation Lead

We are seeking a Loan Documentation Lead to perform a variety of functions associated with the origination of new and renewed loans. This position ensures accurate preparation of loan documentation, maintains updates in the loan documentation system as well as timely delivery of documents to lending staff. This position will ensure that loan documentation is accurate, processed efficiently, follows Bridgewater's procedures, and compliant with laws and regulations.

RESPONSIBILITIES:

* Oversee and participate in preparing, reviewing and processing loan documentation of commercial and consumer loans (CRE, Multi-family, C&I, SBA, Consumer Installment/Revolving) ensuring that terms of documents are in accordance with loan approval and following bank policy, lending practices and regulatory statutes.

* Distributes and Reviews work of staff for internally prepared documentation ensuring accuracy and timely delivery to Lending staff.

* Administrator of internal documentation system updates and ongoing system maintenance such as review and updating rates and regulatory information.

* Maintains and monitors procedures and process within the area to maintain consistency.

* Manages projects that impact the loan documentation and is responsible for effectively communicating changes to affected departments.

* Actively participate with other Department Team Leads to make processes within areas to function more efficiently.

* Mentor and train new additions of staff members including ongoing training of existing staff.

* Responsible for management and development of Loan Documentation Specialists by conducting annual performance reviews and quarterly 5-5-5's.

* Accountable for identifying training needs and assisting with career development.

QUALIFICATIONS:

* 5-7 years of Commercial and Consumer loan processing and/or documentation experience

* Strong oral and written communication skills.

* Experience with Laser Pro and nCino preferred.

* High attention to detail and knowledge of rules, regulations and policies relating to loan documentation.

* Bachelor's degree preferred.

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 are 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!

COMPENSATION & BENEFITS:

The typical annual base pay range for this role is between $72,700-$90,000. 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