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Loan Documentation Specialist II
Bridgewater Bank
3800 American Blvd W Ste 100 Bloomington, MN 55431-4416
Job Description
This position performs a variety of functions associated with the origination of new loans and servicing of existing loans ensuring that loan documentation is accurate and in compliance with laws and regulations.

Job Accountabilities

  • Prepare, review and process documentation for commercial loans (CRE Multi-family, C&I, Construction development) 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.
  • Administer the loan booking process on core and document imaging software, includes new loans and modifications for (CRE Multi-family, C&I, Construction development, and other commercial renewals).
  • Manage balancing of GL’s related to loan booking and invoice processing.
  • Process invoices for payment associated with loans booked and in process.
  • Manage internal/external requests and financial transactions within the term of the loan documentation, bank policies and procedures.
  • Preparation of Participation Agreement and Letter of credit documentation, renewals and modifications.
  • Complete CRA and Beneficial Ownership requirements for documentation and compliance reporting.
Education & Experience
  • 2-4 years of Commercial and Consumer loan processing and/or documentation experience
  • Strong oral and written communication skills
  • High attention to detail and knowledge of rules, regulations and policies relating to loan documentation
  • Bachelor’s degree preferred
About
At Bridgewater Bank, we envision a world where banking looks a little different. It boils down to our desire to be an unconventional bank. We know that this industry doesn’t have to be monotonous. We shouldn’t be robot bankers. As a team, we’ve quietly grown this bank into one of Minnesota’s largest and have attracted a loyal following along every step of the way. We’ve disrupted what banking looks like in the Twin Cities, and we have the opportunity to positively impact our clients and their businesses each day. In March of 2018, Bridgewater (BWB) went public, the first bank in the Twin Cities to go public in 25 years. If you join the Bridgewater team, you’ll quickly be surrounded by remarkable and nimble people who want to redefine what it means to work in banking. To each of us, this is more than a workplace – it’s a sense of community. This place is lively, engaging and even evokes a sense of pride. And along our path to building the finest entrepreneurial bank in the Twin Cities, you’ll notice we never lose sight of what makes this place extraordinary – a steadfast commitment to our people. That’s how we do culture.
How to Apply
Send resume to HR@bwbmn.com
MBA Job number/Date Added
JobtitleApplyBlindadDateaddedEducFilenumJobdescAbout
Loan Documentation Specialist IISend resume to HR@bwbmn.com False12/31/2019
  • 2-4 years of Commercial and Consumer loan processing and/or documentation experience
  • Strong oral and written communication skills
  • High attention to detail and knowledge of rules, regulations and policies relating to loan documentation
  • Bachelor’s degree preferred
H-6617This position performs a variety of functions associated with the origination of new loans and servicing of existing loans ensuring that loan documentation is accurate and in compliance with laws and regulations.

Job Accountabilities

  • Prepare, review and process documentation for commercial loans (CRE Multi-family, C&I, Construction development) 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.
  • Administer the loan booking process on core and document imaging software, includes new loans and modifications for (CRE Multi-family, C&I, Construction development, and other commercial renewals).
  • Manage balancing of GL’s related to loan booking and invoice processing.
  • Process invoices for payment associated with loans booked and in process.
  • Manage internal/external requests and financial transactions within the term of the loan documentation, bank policies and procedures.
  • Preparation of Participation Agreement and Letter of credit documentation, renewals and modifications.
  • Complete CRA and Beneficial Ownership requirements for documentation and compliance reporting.
At Bridgewater Bank, we envision a world where banking looks a little different. It boils down to our desire to be an unconventional bank. We know that this industry doesn’t have to be monotonous. We shouldn’t be robot bankers. As a team, we’ve quietly grown this bank into one of Minnesota’s largest and have attracted a loyal following along every step of the way. We’ve disrupted what banking looks like in the Twin Cities, and we have the opportunity to positively impact our clients and their businesses each day. In March of 2018, Bridgewater (BWB) went public, the first bank in the Twin Cities to go public in 25 years. If you join the Bridgewater team, you’ll quickly be surrounded by remarkable and nimble people who want to redefine what it means to work in banking. To each of us, this is more than a workplace – it’s a sense of community. This place is lively, engaging and even evokes a sense of pride. And along our path to building the finest entrepreneurial bank in the Twin Cities, you’ll notice we never lose sight of what makes this place extraordinary – a steadfast commitment to our people. That’s how we do culture.