Coastal States Bank · 1 month ago
Credit Analyst
Birmingham, AL
Full-time
Onsite
New Grad, Entry LevelCoastal States Bank is seeking a Credit Analyst to support lending decisions by analyzing financial data to assess creditworthiness and risks. The role involves gathering financial statements, monitoring credit accounts, and ensuring compliance with bank policies.
BankingFinanceFinancial Services
Responsibilities
Analyzes financial statements to develop initial assessment by identifying strengths and weaknesses pertaining to borrower’s historical performance
Perform initial and ongoing analysis of personal and business financial statements and tax returns to assess financial condition, performance trends, and ability to repay debt
Assist in monitoring existing credit accounts and loan portfolios for early signs of risk or changes in credit quality, tracking loan covenants and exceptions
Generate financial ratios using computer programs to determine the degree of risk involved in extending credit
Conducts basic industry and market research, ensure all documentation is received, complete and accurate, and adhere to internal policies, federal regulations, and lending protocols (such as OFAC and BSA)
Assists in maintaining the credit tracking system for all commercial loans
Maintains credit files for all borrowers
Ensures that all credit files are complete, identifies any documentation deficiencies, and reports to loan officer and credit administration as needed for timely resolution
Coordinates with loan officers to anticipate, identify and collect documents needed for efficient and timely approvals on new and existing credits
Assists in the preparation of credit analysis on loan requests and quarterly reviews
Identifies exceptions to Bank policy and recommends options for mitigating those exceptions where appropriate
Assists in recommendations of loan structures based on the borrower’s need and the Bank’s loan policies and guidelines
Prepares spreadsheets, reports, summaries and opinions for lenders on new, renewal and existing loans
Reports findings that may have an adverse effect on loan collateral or a borrower’s ability to repay the loan. Will be responsible for submitting required reports, as necessary
Completes credit specific training courses on an ongoing basis as required by the Supervisor
Maintains a good working knowledge of the Bank’s lending policies and procedures and identify exceptions to policy
Contributes to the bank team effort by working on special projects and reports, performing other job-related duties, at the discretion of the Supervisor
Qualification
Required
Analyzes financial statements to develop initial assessment by identifying strengths and weaknesses pertaining to borrower's historical performance
Perform initial and ongoing analysis of personal and business financial statements and tax returns to assess financial condition, performance trends, and ability to repay debt
Assist in monitoring existing credit accounts and loan portfolios for early signs of risk or changes in credit quality, tracking loan covenants and exceptions
Generate financial ratios using computer programs to determine the degree of risk involved in extending credit
Conducts basic industry and market research, ensure all documentation is received, complete and accurate, and adhere to internal policies, federal regulations, and lending protocols (such as OFAC and BSA)
Assists in maintaining the credit tracking system for all commercial loans
Maintains credit files for all borrowers
Ensures that all credit files are complete, identifies any documentation deficiencies, and reports to loan officer and credit administration as needed for timely resolution
Coordinates with loan officers to anticipate, identify and collect documents needed for efficient and timely approvals on new and existing credits
Assists in the preparation of credit analysis on loan requests and quarterly reviews
Identifies exceptions to Bank policy and recommends options for mitigating those exceptions where appropriate
Assists in recommendations of loan structures based on the borrower's need and the Bank's loan policies and guidelines
Prepares spreadsheets, reports, summaries and opinions for lenders on new, renewal and existing loans
Reports findings that may have an adverse effect on loan collateral or a borrower's ability to repay the loan. Will be responsible for submitting required reports, as necessary
Completes credit specific training courses on an ongoing basis as required by the Supervisor
Maintains a good working knowledge of the Bank's lending policies and procedures and identify exceptions to policy
Contributes to the bank team effort by working on special projects and reports, performing other job-related duties, at the discretion of the Supervisor
Proactive and facilitates teamwork
Flexible and able to multi-task (adjusts to change)
Analytical skills with high attention to detail and accuracy
Technical capacity
Strong Written and Verbal Communication Skills
Time Management and Organizational Skills
Company
Coastal States Bank
Coastal States Bank offers financial resources to help its clients achieve their goals.
Founded in 2004Hilton Head Island, South Carolina, USA
51-200 employees
Funding
Current Stage
Public CompanyTotal Funding
$56M2024-01-26Post Ipo Equity· $12M
2023-04-02Post Ipo Equity· $9M
2020-09-09Post Ipo Debt· $15M
Leadership Team
Tony Valduga
CFO / COO
Tom Drago
Senior Vice President- Chief Compliance Officer
Recent News
2026-01-19
Company data provided by crunchbase