Senior Commercial Loan Underwriter

Position Summary:

At Coastal States Bank (CSB), we are Local. And Proud Of It.  We are committed to the relationships we build, have a proven track record of success and share a passion for serving our clients and communities.

We are looking for an experienced full-time Senior Commercial Loan Underwriter.  This position works Mondays through Fridays in a professional setting at our headquarters in Atlanta, GA.  This is not a remote or hybrid position. Out of town applications will not be considered. Salary is commensurate with experience.

The Senior Commercial Loan Underwriter will underwrite/analyze financial and other credit information of borrowers and guarantors and write credit memos and periodic loan reviews for use by Directors, Bank Management, Regulators and Loan Review in making decisions about:  the extension of new or renewal credit to borrowers and ongoing management of credit risk within the bank’s loan portfolio.

Benefits include:

401(k) matching
Dental insurance
Dependent care reimbursement
Disability insurance
Flexible spending account
Health savings account
Life insurance
Medical insurance
Paid holidays
Paid time off
Paid parental leave
Prescription drug insurance
Vision insurance
Wellness program

Essential Functions:

1. To assess and determine the financial condition, repayment capacity and character of borrowers and guarantors through the review and analysis of financial information including:  accountant or internally prepared financial statements, tax returns, personal financial statements, liquidity statements and business and personal credit reports in conformance with the bank’s loan policies and underwriting guidelines.   Develop and implement procedures.
2. To assess and determine the quality and adequacy of collateral and capital (equity) through the review of appraisals, evaluations, environmental reports, inspection reports, condition reports, market reports, accounts receivable agings, purchase invoices and other collateral information based on the bank’s loan policies and underwriting guidelines.
3. To write credit memos, loan reviews and other reports summarizing information about new or existing borrowers including: the purpose of the loan, the experience/ background of the borrower, the financial condition of borrowers and guarantors,  repayment capacity, collateral adequacy and industry/market and using that information along with the bank’s loan policies and banking regulations to evaluate a loan’s conformance to the bank’s lending guidelines and policies and making recommendations to Directors and Bank Management about the extension of credit to borrowers, risk grading of loans and any other pertinent conditions.
4. To assist Bank Management in the timely monitoring of credit risk in the bank.  
5. Contribute to the bank team effort by working on special projects and reports, performing other job-related duties, at the discretion of the Supervisor.

Critical Success Factors:

• Self-Motivated 
• Responsiveness 
• Facilitates teamwork
• High Attention to detail and organizational skills
• Strong ethics
• Strong analytical and problem-solving skills
• Excellent analytical, written and oral communication skills. 

Preferred Education/Experience/Software:
A Bachelor’s Degree in Finance, Accounting, Economics or Business to include advanced knowledge of book and tax accounting.   A preference of 5-10 years of experience as a bank credit analyst and/or loan underwriter.  Substantial understanding of the job and applies knowledge and skills to complete a wide range of tasks; prepare financial spreads and utilize them in financial analysis reporting; and has the ability to use, understand and apply credit policy and bank regulations to responsibilities.  Exercise good judgment and discretion in the handling of confidential information and making recommendations to Directors and Bank Management for loans requiring credit decisions.

Completes diverse deadline driven tasks. Works with highly sensitive and confidential information. Excellent written and verbal skills necessary to interact and communicate with various levels of internal and external clients.  Solid time management and organizational skills with the ability to manage and prioritize multiple tasks to meet deadlines.  Works under general supervision and usually on own initiative. May perform some tasks independently and also work as a contributing team member.  May act as a resource to other internal staff.  Knowledgeable in a wide range of Microsoft Office software applications.  Proficient with Fiserv, nCino and other bank programs.   

Additional Requirements:  
The responsibility to acquire and maintain the required knowledge of State and Federal Banking regulations and policies.  

Training:
Responsible for the timely completion of all required compliance training such has BSA, Information Security, and other job specific training as assigned.

Work Environment/Physical Demands:
Professional office environment. While performing the duties of this position, the team member is regularly required to operate standard office equipment.  The team member is frequently required to communicate and perceive.   The position is primarily stationary and not substantially exposed to adverse environmental conditions and requires sedentary work such as exerting up to 10 pounds of force 5% of the time and a negligible amount of force approximately 95% of the time.