VP Commercial Banking

Overview

We are seeking a Vice President Commercial Banking to join our lending team. Reporting to the Senior Vice President Team Lead, the VP is responsible for developing new loan and deposit business, underwriting, structuring, and closing of commercial loans, as well as maintaining and servicing an existing portfolio. The role also represents the bank in the local community through active participation in community affairs and marketing all of the bank’s products and services.

• Source, develop, and underwrite new financing requests for both new and existing customers.
• Maximize bank profitability through appropriate pricing of new loan originations and fee income.
• Attain established goals for loan and deposit growth.
• Review, approval, and disposition of commercial overdrafts.
• Negotiate terms, structure loan financing based on risk considerations, and present credits for approval to appropriate levels of authority with the bank as required.
• Use appropriate collection techniques and restructuring to minimize loss and risk of principal and interest.
• Review existing loan portfolio for documentation exceptions and periodic financial statements to maintain established quality standards consistent with bank policy.
• Actively participate in weekly loan committee meetings.
• Maintain knowledge of various loan and deposit programs and bank products.
• Present information on new credit requests, loan extensions, and annual review for committee action.
• Support the bank’s strong relationship banking culture through ongoing customer contact, quality customer service, and superior product knowledge.
• Adhere to the bank’s policies, procedures, security requirements, and government regulations including BSA.
• Identify opportunities to grow BWB’s deposit portfolio by working with the Treasury Management & Deposit Services team members.

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

• Bachelor’s degree in Finance, Economics, or related field and/or equivalent combination of education and experience.
• 7+ years of related banking experience.
• Formal credit training.
• Excellent verbal, written, and interpersonal communication skills.
• Demonstrated persuasion skills and ability to develop strong relationships.
• Proven track record in working with all levels of senior management.
• High attention to detail and in‑depth knowledge of lending policies and procedures.

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.

The typical annual base pay range for this role is between $115,000 and $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

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.