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Portfolio Manager

Company: Bridgewater Bank
Location: Minneapolis
Posted on: November 26, 2022

Job Description:

We are seeking an energetic and ambitious Portfolio Manager to join our Lending team at Bridgewater Bank in St. Louis Park. In this role you will partner with lenders to underwrite, manage, maintain, and further develop loan and deposit relationships of existing clients while balancing appropriate risk and reward to the bank. This role balances workload between underwriting credit requests and originating/renewing loans.


* Underwrite, negotiate, and price new loans and renewals to maximize bank profitability (50%-70%)

* Manage a portfolio of existing credit relationships ensuring credit quality, soundness of risk ratings, condition of credit files, and adherence to the bank's policies (20%-25%)

* Respond to clients' inquiries and credit requests and keep lenders apprised of client activity

* Conduct periodic reviews of existing loan arrangements for compliance and exception monitoring

* Establish and follow through on collection plans for problem loans

* Monitor delinquent real estate tax reports

* Facilitate client interactions and collaborate with others (5%-15%)

* 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

* Assist credit analyst department with completing loan presentations and annual reviews

* Assist bank management with special projects related to monitoring and managing portfolio risk

* Maintain knowledge of all supporting software, compliance, policies, and procedures as they relate to the loan department

* Adheres to the bank's policies, procedures, security requirements and government regulations including (but not limited to) BSA


* Bachelor's degree in finance, economics, business, or related fields

* 3+ years relevant banking experience

* Superior analytical/reasoning skills

* Proficiency in Microsoft Word, Excel, PowerPoint, and Outlook

* Excellent written, verbal, and interpersonal communication skills

* Ability to think critically, solve problems, make decisions, and build trust across the organization

* Certification as a CIA and/or CPA preferred


It all started with a vision in 2005. This vision was to create a full-service, entrepreneurial bank where clients would notice a difference, team members would be challenged to grow, and the culture would be optimistic. Over a decade later, this unconventional attitude laid the foundation of Bridgewater Bank, a nationwide top-performing bank with an award-winning culture.

We're on a mission to become the finest entrepreneurial bank in the Twin Cities. And it's working. Join our team and you will be surrounded by remarkable people who want to challenge the status quo and redefine what it means to work in this industry. This journey began in 2005, and it's just getting started. 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

Keywords: Bridgewater Bank, Minneapolis , Portfolio Manager, Executive , Minneapolis, Minnesota

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