SENIOR COMMERCIAL LOAN UNDERWRITER

COASTAL STATES BANK•Atlanta, GA

2d•Hybrid

About The Position

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 to underwrite the bank’s larger more complicated C&I credits in some of the bank’s highest relationship exposures. This position works Mondays through Fridays in a professional setting. First preference is to find a candidate within our Atlanta, GA area. Other locations within our organization are available to include the Lowcountry (Charleston, Hilton Head or Savannah). Although remote work may be possible, regular in-person interaction and travel will be required. 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.

Requirements

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.
The responsibility to acquire and maintain the required knowledge of State and Federal Banking regulations and policies.
Responsible for the timely completion of all required compliance training such has BSA, Information Security, and other job specific training as assigned.

Responsibilities

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.
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.
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.
Assist Bank Management in the timely monitoring of credit risk in the bank.
Contribute to the bank team effort by working on special projects and reports, performing other job-related duties, at the discretion of the Supervisor.