VP Executive Banking

Bridgewater Bank is hiring a VP Executive Banking
.

• Respond to clients’ inquiries and credit requests and keep senior lenders apprised of client activity
• Underwrite, negotiate, and price new loans and renewals to maximize bank profitability
• Conduct periodic reviews of existing loan arrangements for compliance and exception monitoring
• Negotiate terms & structure loan financing based on risk considerations and present credits for approval to appropriate levels of authority within the bank as required
• Review and rectify issues as identified through various loan monitoring reports
• Establish and follow through on collection plans for problem loans
• Collect supporting documents to facilitate loan closings
• Review necessary loan documents for loan originations/extensions for accuracy and soundness
• Represent bank in loan closings and client meetings
• Actively engage in business development activities which promote the bank and generate new loan and deposit business
• Maintain knowledge of various loan and deposit programs and bank products
• When necessary, assist credit department with completing loan presentations and annual reviews
• Participate in weekly Loan Committee meetings
• Assist bank management with special projects related to monitoring and managing portfolio risk
• Adhere to the bank’s policies, procedures, security requirements and government regulations including (but not limited to) BSA
• Identify opportunities to grow BWB’s deposit portfolio by working with Treasury Management & Deposit Services team members

• Growing client base of both loan and deposit relationships
• Meeting and exceeding production goals
• Works effectively and efficiently with internal client teams through in-person interactions and contributions to company culture
• Ability to independently analyze, structure, and close on loan transactions

• Bachelor’s degree in Finance, Economics or related field and/or equivalent combination of education and experience
• 7+ years related banking experience
• Superior analytical/reasoning skills
• Demonstrated persuasion skills and ability to develop strong relationships
• Proficiency in Microsoft Word, Excel, PowerPoint and Outlook
• Excellent written, verbal, and interpersonal communication skills
• Strong knowledge of lending techniques as well as consumer lending policies and procedures

The typical annual/base pay range for this role is between $115,000 - $160,000. 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.

• 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

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?

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