Job Description

ABOUT BRIDGEWAY CAPITAL

Bridgeway Capital is a mission-driven lender, a nonprofit alternative to banks that lends to small businesses, nonprofits, and real estate projects that have a positive community impact. As a Community Development Financial Institution (CDFI), Bridgeway is certified by the U.S. Treasury. Since 1990, Bridgeway has invested more than $300 million in communities across the region, with more than 90% of the funding provided to low-income communities. As a social impact investor, Bridgeway focuses on equitable economic growth in underserved areas by providing impact-driven lending and programs to grow businesses and revitalize places. For more information, visit

Job Summary and Personal Profile

Reporting to the Chief Impact Investment Officer, Bridgeway Capital seeks a Director of Credit to oversee and implement the credit and underwriting standards that support the organization’s lending activities. The Director of Credit must be experienced in leading and supervising a team of credit analysts and underwriters, managing the credit approval process and underwriting for all loan products, leading the responsibility of credit risk management, and in drafting policies and procedures to support and manage the activities of the department. 

Job responsibilities

• Manage a four-person team of credit analysts, including providing leadership, training, and proper orientation to ensure that credit and underwriting standards are communicated and maintained by the team.
• Manage the credit function of the organization, including the development and implementation of policy, procedures, and activities.
• Manage complex borrower relationships and maintain a dialogue with customers through written communication, telephone contact, and project/business site visits when appropriate as it relates to underwriting and credit management activities.
• Collaborate closely with the lending team to review loan applications for feasibility, structure, and compliance with policies and procedures.
• Assess and monitor the credit risk profile of each loan product and individual loans within the portfolios.
• Monitor and ensure loan portfolio compliance with credit policy, investor covenants, and program requires.
• Review and approve or decline all loans and transactions within delegated authority.
• Present loan requests requiring the approval of the Bridgeway Capital Board of Directors to the Board and its delegated committees and provide updates to credit risk management.
• Familiarity with Current Expected Credit Losses (CECL) accounting standards.
• Oversee the annual credit review process for portfolio loans, and evaluate credit standards, risk ratings, and overall risk on individual credits and overall portfolio metrics.
• Incorporate Bridgeway’s core values effectively into internal processes and external engagements and relationships.

Qualifications and Experience

Demonstrated knowledge of loan and portfolio credit and underwriting standards.

Experience developing and applying credit policy to manage workflow and assess risk.

Competent knowledge of business lending and portfolio management roles, responsibilities, and analytics.

Familiarity with banking and finance, and ability to evaluate businesses financial statements and reports, including real estate transactions.

Superior communication and customer service skills and an ability to adapt to a wide variety of audiences, including clients, supervisors, peers, and external partners.

Supervisory experience preferred.

Self-starter motivated by achieving production goals.

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